The thing I likemyadmin, · Categories: budget, finance
if you can like anything about debt – is that my kids 23, 20, and 18 have learned that “debt stinks” the two oldest have/are putting themselves through school with zero debt. My eldest paid for her wedding in cash. While they do have credit cards, they pay them off monthly and never pay interest – which is something we have pounded into their heads – even though their father and I have not been as successful, they have learned from our mistakes.
My kids are amazing and have more money in the bank at their ages than DH and I have ever had. They all work, they all go to school (they eldest is done but heading for her masters shortly) and they did it all themselves and have no debt.