Is it any wonder so many people are trapped in the Financial Matrix when nearly every financial pundit teaches financial budgeting, which is simply surrendering dreams to
hopefully live debt free someday.
Not exact matches
Today, most American's (about 80 percent)
live with
debt, and that means they're (
hopefully) making regular payments to a variety of entities, each of which sets their own rates, terms, due dates, and repayment options.
On a positive note, if a young adult can conquer that
debt the experience (
hopefully) will resonate with that person through the rest of their
life thus positively affecting all future financial decisions.
Auto loans, medical bills, credit card
debt, and student loan
debt can add up, with each taking their monthly share of your income.Today, most American's (about 80 percent)
live with
debt, and that means they're (
hopefully) making regular payments to a variety of entities, each of which sets -LSB-...]
Hopefully, they both possess enough knowledge about managing a budget and paying down
debt to begin their married
life on a firm economic footing, as there is nothing about wedding
debt, per se, that is different from any other financial obligation.
If you're planning on getting
life insurance for 30 years, for example, you know that at some point, your kids will actually go to college and you won't need to factor in childcare costs, and you'll have less
debt (
hopefully).