• redlemace@lemmy.world
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    1 year ago

    So $3300 a month just for having two tesla’s? And other debts too? I wonder what debts, since you prioritize the tesla’s over them.

    Did you skip economics class or did you miss education in general? That this is unsustainable must have been crystal clear long ago

    • Scrubbles@poptalk.scrubbles.tech
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      1 year ago

      Yeah this is less annoying Tesla and more real sad American economics. We aren’t taught how to manage debt, and this poor fool has ruined at least the next decade because he wanted two new shiny things and the bank said sure.

      In 2008 the banks were to blame for sure for giving out bad debt and then gambling on it, but for me it showed how financially illiterate so many Americans are. The simple difference of seeing what the bank says you can borrow, vs what you should borrow are very very very different things.

      • jjjalljs@ttrpg.network
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        1 year ago

        We aren’t taught how to manage debt,

        Do people need to explicitly be taught “You bring home $5,000 after taxes. You spend $2000 on rent, $1000 on fixed bills, $1000 on semi-fixed expenses, and $500 on fun. Do not buy a thing that raises your fixed expenses by $2000”?

        I guess so.

        I mean, I think a lot about a guy I worked with years ago. He said as soon as he turned 18 he got a credit card and maxed it out. No plans to pay it. Just enjoyed having a new TV, clothes, xbox, shoes. And then he got in a lot of trouble, which should have surprised no one. But at least he was getting his life together, ten years after the fact. Though we haven’t talked in years. I worry he’s a trumper, despite him being hispanic.

  • Poayjay@lemmy.world
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    1 year ago

    Food $200

    Data $150

    Rent $800

    Candles $3,600

    Utility $150

    someone who is good at the economy please help me budget this. my family is dying