20 Year Olds Dealing With Debt
February 9th, 2010 | 
Author: Many young professionals in their twenties are dealing with debt from credit cards and unpaid student loans. Managing personal finances can be difficult when you must handle expenses like insurance, business clothes, transportation, car payments, and more while still trying to have savings to meet your long-term goals such as buying a house or planning for retirement. For more personal finance tips, please visit www.usnews.com
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Italians are content being mooches.
No the moral is that college is an investment. 55k in debt for an art degree is simply a bad investment!
Common sense huh?
become a stripper they make good money
so whats the moral of this story get a college degree and hope for the best?
i HATE credit cards!!!
Yes and in some countries in Europe like Spain and France they have unemployment rates of under 25 year olds in excess of 20%
grow up girl.
American college grads dread having to live with their parents after college. But I’ve met Italian 20-somethings who say they’ll have to live with their parents until age 33.
Consult the Chinese also
lol theres a credit card ad on the page.
shameless fucks
you know whats fucked up, a lot of european countries send their children to college for free. And in highschool, schools compete for students..which results in better education (think of it as fast food restatrants competing for you to eat there by making better food)
Go to school to get an education to become successful, but pay enormous ammounts to do so, then when it leds you a degree of success in life, forget that you’ve achieved and simply pay money to creditors who are living it up at the expense of a bunch of 20yr olds…
And how is capitolism better for America? I thought we were supposed to have freedom and be able to have the american dream… gues I’m wrong.
Do people’s parents not teach them this stuff? Mine did, apparently my brother didn’t learn though.
I agreed with the video up until the part about paying the highest interest rate card first. Apparently the person who made this video has never heard of dave ramsey. The interest rate is not the problem it is the behavior that got the person there in the first place. It is better to use the debt snowball method in order to have small victories very fast. The small victories create incentive and motivation to do the same with the next debt. The behavior not the math is the problem!!!