Negative equity

[danstraylee]

I don’t add cars into any net worth calculation, they are a cost, and a depreciating asset. Period. A necessary expense and little more.

100% and also I do not make payments any depreciating asset period!! If I can't afford it I don't buy it.

 

[grampi]

We all have choices to make. We need to give people better personal finance education to give them a fighting chance.

I don't think it would take with the people I'm talking about...

 

[JeffKeryk]

I don't think it would take with the people I'm talking about...

Who knows? All I know is, education is power.

 

[SC Maintenance]

Who knows? All I know is, education is power.

The vast majority of Americans hold the whole world of information in there smart phone. How they choose to use it is ultimately up to them. When I was a kid I had to beg my mother to take me to the library, and choose between books that were already 10 years old.

I am good with offering education, but honestly having managed a number of different types of people over the years, my expectations of the general public are quite low.

 

[JeffKeryk]

The vast majority of Americans hold the whole world of information in there smart phone. How they choose to use it is ultimately up to them. When I was a kid I had to beg my mother to take me to the library, and choose between books that were already 10 years old.

I am good with offering education, but honestly having managed a number of different types of people over the years, my expectations of the general public are quite low.

Motivation is the key. What will it take to spark their curiosity? Of course, one size does not fit all, so I try and be open.