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Reply to "What money habits keep you poor?"
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[quote=Anonymous][quote=Anonymous]This probably doesn’t need to be said on DCUM, but some people I know miss the forest for the trees with regard to short term vs long term income potential. I’m talking about paying for childcare v. having one parent SAH. And also, telling your kid that they’ll be better off forgoing 4-year college or getting an AAS in Dental Hygiene v. a 4-year degree. Because, by some people’s logic, better to start earning money immediately than to take out student loans. Personally, I think it’s really important for personal finance reasons to try to get a BA or BS if you can. There’s a lot of chatter about the “student loan crisis,” but the bulk of those outstanding loans are from graduate degrees, not undergraduate degrees. It was completely worth it in my case & many of my friends & family’s to take out $25-30k in federal loans. [/quote] 💯 [/quote]
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