True, financial literacy is pretty lacking, but that’s more of an education issue than “their fault”
Most dealerships and banks will happily approve a loan that’s too high to be realistic. It’s predatory, I make $20/hr and got approved for up to $300k for a mortgage. I bought a house worth half that and it’s still a lot. Just feel like banks really shouldn’t let people sign loans worth 80% of their monthly income
We're we are as a society -- 'I'm proud of being a job hopper': Seattle engineer's post about company loyalty goes viral ( www.geekwire.com )
63% of US workers unable to pay a $500 emergency expense, survey finds ( www.cnbc.com )