In a previous posting, I stated that poverty is due to individual decision making. To put a more concrete example to the argument, here is an interview with a guy in Long Island. In the video, the guy explains his reasoning for wanting to take a high interest car loan. Feel free to check it out, and you’ll see my point.
Bad Financial Decision Making
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DINKS (Dual Income No Kids) Finance is a blog discussing personal finance for couples. While by no means financial experts, we own a variety of assets including real estate and stocks. We've both been up to our eyeballs in debt and have made tons of financial mistakes. However, we've both successfully retired that debt and we both do learn from our failings. We hope that our voice in this blog can help others in achieving their goals!
