Economic devastation looms on a Good Friday like no other

[bucolic_frolic]

16. All true

The path to personal finance is not a joyride. Don't borrow and get good value for your money. Paying $795k for a house built on land and materials worth $398k is not a good start in life, but it's tempting to young folks. They don't know the bank and the builder split the other $400k, and in 30 years the value is unpredictable.

The purpose of college was supposed to be to invest $x and earn an extra $300-400k over a lifetime. Now we're spending $10x and there is a glut of graduates. The 10% of success stories are examples. Some never find a career. Working to age 25 and investing every nickel in top tech companies is a more predictable financial plan, with greater upside.