return2ozma@lemmy.world to News@lemmy.world · 10 months agoAverage credit card balances jump 10% to a record $6,360, and more consumers fall behind on paymentswww.cnbc.comexternal-linkmessage-square51fedilinkarrow-up1313arrow-down14file-text
arrow-up1309arrow-down1external-linkAverage credit card balances jump 10% to a record $6,360, and more consumers fall behind on paymentswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square51fedilinkfile-text
minus-squareThe_v@lemmy.worldlinkfedilinkarrow-up12·edit-210 months agoImportant things I had to learn on my own in adulthood: How to research and vet sources. How to cook and clean. Amoritization of loans (car and home) and agreements. Rental agreements and the basics of contract law. Student loans (the interests rate plus accrual of interest while your are in school). Taxes - federal, state and local taxes. What their rates are and what they pay for etc… Insurance (Health, Home, Renters, Car etc.) Utilities - how they are calculated etc. Credit cards, interest rates, late payment consequences etc. Retirement Programs (pensions, IRA, 401K etc.). Investments, how they work, etc. Basic home repair and remodeling (electrical, plumbing, etc.). Basic car care etc.
minus-squareQuarterSwede@lemmy.worldlinkfedilinkarrow-up7·10 months agoWe used to call this home economics. Too bad they scrapped it in our public school system. Kids want to learn this stuff too that’s the sad thing.
Important things I had to learn on my own in adulthood:
How to research and vet sources.
How to cook and clean.
Amoritization of loans (car and home) and agreements.
Rental agreements and the basics of contract law.
Student loans (the interests rate plus accrual of interest while your are in school).
Taxes - federal, state and local taxes. What their rates are and what they pay for etc…
Insurance (Health, Home, Renters, Car etc.)
Utilities - how they are calculated etc.
Credit cards, interest rates, late payment consequences etc.
Retirement Programs (pensions, IRA, 401K etc.). Investments, how they work, etc.
Basic home repair and remodeling (electrical, plumbing, etc.). Basic car care etc.
We used to call this home economics. Too bad they scrapped it in our public school system. Kids want to learn this stuff too that’s the sad thing.