Quote:
Originally Posted by Kizzy
Young people have more financial pressure than ever... (bore off if you don't think so I don't care)
It's very easy FOR ANYONE now to get in financial difficulties, it used to be hell trying to get loans..remember all the hoops? Now there are companies literally throwing money at you it's very very easy to be tempted by credit, buy now pay later deals, 0% finance.
Far from being financially illiterate you have to have a GCSE in economics to juggle all your incomings and outgoings!
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Where’s the personal responsibility in that? Tempting yes - but still many do manage to resist. I think we come back to that culture of having everything now rather than waiting until you can afford it.