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[–] 13 points 2 weeks ago (3 children)

Sounds like a lot of people were convinced to borrow way more than they could afford for a status symbol no one should care about. Financial literacy should be taught in middle school.

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  • [–] 4 points 2 weeks ago

    I have 20k in debt just buying a Toyota corolla. I think there is a lot of people who bought status symbols, but there are a lot of people who just need a car that isn't going to break. If I bought used and something happens that would cost me 5k, which can easily happen, Im screwed. I dont know what the answer is. A few years ago, I had a job two blocks away, now I have a job 50 min away. I have to get there somehow and its not like my job is going to be ok with me saying "I need a week off because my car broke"

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