Environment & Energy
In reply to the discussion: Kill the Economy [View all]OKIsItJustMe
(21,877 posts)Slavery is all about possession (the possession of the slave by the master.)
Ive known people who have gotten themselves hopelessly in debt simply because of a lack of self-control. I know that sounds judgmental. Im sorry to say, it is.
However, Ive known people who held the same jobs, getting the same pay, but were in very different financial situations, simply because while one saved their money, to purchase something they wanted, later, another purchased it immediately, and paid interest on that purchase (seemingly) for ever.
Are these people enslaved? No.
Are they embarrassed by their own poor choices? Yes.
My parents grew up during The Depression. They were never well off, let alone rich. We were raised simply but comfortably. They taught all of their children how to manage our money. Part of the result is that we all share an aversion to virtually any type of credit.
When I see someone use a credit card to buy a hamburger, or a candy bar, it simply boggles my mind.