Quote:
Originally Posted by Biggd
Many kids today have huge incomes but also have huge debt. My kids make a lot of money but they are always struggling to pay all their bills. They spend a lot of money on credit.
They don't live lavishly so I don't think it's a case of living beyond their means.
It costs a lot of money to raise children today. Both parents have to work and that means putting kids in child care, which is incredibly expensive today along with housing and food. They say inflation is low but I don't believe it!
|
There is a book, I just told my daughter to get it and read it, called "The Millionaire Next Door" by Stanley and Danko. It's good for adult kids and their parents. Great stuff in there.