Along the lines of what lovcom is saying, the last episode of Bank of Mom and Dad (available at hulu.com) showed a girl in debt and her parents took her to a soup kitchen to volunteer and speak with people there. It really opened her eyes to what could happen to her if she didn't clean up her act. She was only 22 so she's got plenty of time to fix the problems. For someone 40 years older, it could well be too late if debt far outweighs any possible income they could earn in their remaining working years. For those folks, the outlook is pretty bleak. I see it every day at work. I work in one of the poorest cities in the country and it isn't pretty.
__________________
Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
|