Tuesday, Feb 13, 2007
Be afraid.....?
BBC News: Teenagers 'laid-back' about debt
1/2 schoolchildren have been in debt by the time they reached 17. 1/20 thought credit card debt did not have to be paid back at all. 1/4 18-year-olds said a credit card was something with which to buy goods and services, where parents pick up the bill!
Posted by nearly30 @ 08:47 AM (137 views) Add Comment
4 Comments
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1. george monsoon said...
Well what do you expect? They look on the establishment as it is and think "hey they say its ok to borrow and spend.."
So they do just that, spend themselves into debt. If you are a parent, be responsible for gods sake!! and tell them the truth about credit cards and loans.
2. Sam said...
I think the kids were having a laugh. yes some of the younger jade goody types probably think that. But hey that's not a bad thing is it?
some of the kids I know (teenage sister and her mates) are very much together with things like debt and credit.
3. dohousescrashinthewoods said...
They will learn pretty quickly.
If they don't others will profit on their backs.
4. enuii said...
How do 16 year olds get in debt, unless its to their parents?
I smell a rat in these figures.