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View Diary: Republicans have no clue how people manage their budgets, Part II (94 comments)

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  •  ther is too much pesoanl debt. (1+ / 0-)
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    paz3

    When I was a young female there were not major  credit cards available so easily. We did not buy stuff until we had the cash. My parents paid off their  local credit every month. They did not buy a new car until they could pay cash for it. They were middle class and sacrificed to save for our college, ans we were expected to finish college in 4 years, not 5 or 6, by taking an average of 15- 18  credits per semester or quarter.

    We did not have perfectly designed dorm rooms, or apartments. We had bricks and boards for shelves, & no TV. WE did not buy houses until we aha a good down payment, even after we were married and had children. We lived within our income.

    People in the U.S. buy to much STUFF. The middle class here now tries to live like the rich.

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