Reply to Wow the lack of financial education in this country is staggering

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, this board is full of people born on third base who thought they hit a triple. I’m from a normal middle class background. Single mom, first in my family to graduate from college, took out student loans, paid them back. My kid also has student loans and will pay his back. Even if we cut every corner, I still don’t have enough to pay for everything. I always pay off my credit card debt but until I stop paying for college, it is super tight every month. [/quote]

This. Most people I know with absolutely zero debt come from privilege that benefits them well into adulthood. Even if their parents aren't explicitly cutting them checks (and many of them are!), they paid for college, wedding, downpayment on the house, family vacations, gifted older cars, etc. One friend talks about how she stands to inherit $4 million dollars. Crazy stuff.[/quote]

I am an immigrant and after my divorce my total annual income is around 36k with one child. I have zero debt except the monthly credit card bill I pay off fully. My only privilege was free education from my home country. 
One doesn’t need to have rich parents to not have any debt. [/quote]

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