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[-] szczuroarturo@programming.dev 4 points 1 week ago

I mean they are correct. You should try to save up enough money to be able to live 2 ( or even 3 ) months without salary. Regardless of your political opinion on how a system we live in should be you should try to do that just for your own benefit and safety sake.

Besides one statment dosent exclude the other. Once again regardless of your opinions abut the system we live in pepole should have basic financial literacy to know that they should save up some money and not use credit cards as much as possible and other basic stuff ( you would be suprised how many pepole have no idea how it works or why you should save money instead of treating credit cards with horrendus intrest rates as you emergency fund )

[-] kayazere@feddit.nl 1 points 5 days ago

The predatory credit cards in the US should be not legal. They are exploiting people who don’t have so called “financial literacy” and encourage wasteful spending.

In Europe the US style credit cards don’t really exist and people just have debit cards. Also there is a social safety net, so people don’t have to rely on keeping money in the bank for when they become unemployed.

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this post was submitted on 10 Sep 2024
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