Ever wonder why the next generation is raised to experience and repeat the mistakes of the previous generation?

It's like we are raised in the same cycle as our predecessors with slight differences but in the end the same.

How can we move forward if we are only taught within limitations?

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cherokeepatti · 70-79, F

They believe the older generation is old- fashioned and out of date with things and reject advice. “Things are different now” is what my daughter told me when I warned her about using credit cards. She got in so deep she ended up filing bankruptcy.

SteelHands · 70-79, M

@cherokeepatti My kids were A students at math and one of them is an accountant. They haven't , understanding the crucial importance of what kinds and how long into the interest rates as a function of income vs debt weight. Your daughter isn't entirely wrong. Mine only didn't overextended themselves because they always paid everything ahead of time and now their credit limit is somewhere in the stratosphere.

I do sympathize tho. Middle income homes going for a quarter million dollars and cars costing 50 thou just sends shivers up my spine. To me that is way out of my economic comfort zone.