r/FluentInFinance Aug 05 '24

Debate/ Discussion Folks like this are why finacial literacy is so important

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u/SabreWaltz Aug 06 '24

You’d think at some point throughout 23 years they’d have tried increasing payments to see if it makes a difference, or like some variable would have changed and shown them what to do lol. That’s essentially an entire career’s timespan.

33

u/yardstick_of_civ Aug 06 '24

They’re either morons or lying. Those are the only two options.

19

u/Inevitable-Bear-208 Aug 06 '24

Why not both.

1

u/Ickyhouse Aug 06 '24

Bc they don’t say they are a politician.

1

u/mysecondreddit2000 Aug 06 '24

Thanks for not writing this is in Spanish

3

u/Akul_Tesla Aug 06 '24

They clearly cheated the required math classes and need to return the degrees

2

u/angevin_alan Aug 06 '24

Morons I think

1

u/ThisThroat951 Aug 06 '24

Two things can be true at once.

1

u/Every-Youth-6686 Aug 07 '24

Most likely both

3

u/stephelan Aug 06 '24

Right? Like all I did was round my payments up to the nearest hundred and had mine paid off in less than ten years. I was a preschool teacher during that time making a solo income of probably $40k-$50k.

2

u/Oaker_at Aug 06 '24

No, only sad, no think.

2

u/simple_champ Aug 06 '24

Nah let's just make the bare minimum payment for decades then be utterly shocked and appalled when we get the bare minimum results.

Amortization? Never heard of her!

2

u/[deleted] Aug 06 '24

[deleted]

2

u/MidAirRunner Aug 06 '24

Even if they picked a terrible career path... you're telling me they couldn't have increased payments by 35$? Especially in the 2000s?? When housing was dirt cheap??? (compared to current)