Originally Posted by blueisthecolour:
“Everyone does realize that our entire financial system would probably come crashing down if these sort of people weren't paying ridiculous amounts of interest and fines? Who do you think pays to keep the banking system going - us with our zero percent credit cards and free current accounts? No, it's the couple that go overdraft every month and end up paying £50 a time in fees.
Of course it's stupid to get yourself into that sort of debt, but when your take home salary is £1200 a month and your rent is £800 it's not hard to see how you slip into it.”
Hardly anyone is gifted money and no one start running before they can walk.
People must learn to live within their means and not try to run before they can walk.
When I was younger, I used to catch a bus but some of my college/uni mates would use a cab at least a few times a week where as I would only use a cab on the odd occasion - it's called money/life managment and schools should educate the masses that can't cope with money and many have never worked in their lives and unable to grasp the meaning of money.
If there was better education re how to run a home, support self, support a family, less people would suffer and that is a fact