Quote:
Originally Posted by erps
Because this new batch of youngsters wanted everything their parents had, which took years to accumulate, NOW, and easy credit let them do it.
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Exactly, so if your kids have a credit problem and you didn't teach them better, look to your mirror for a partial portion of the cause of the problem.
I sweat the possibilities every time I see my most successful child take on another loan or obligation, even though he's doing just fine with a house, condo (investment) and a multifamily rental (investment) he's had for 3 years now (he turned 28 two months ago).