Quote:
Originally Posted by joblack
With 18 I got a credit card limit for 2.000 Euro and with 18 you normally know 'shit' about the world and how it works.
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I'll grant you that 18 year olds are little better than 5 year olds at making decisions that in any way reflect common sense, but really, come on. You could have gotten a credit card worth a million, it doesn't matter: it doesn't take a graduate level course in finances to figure out you'll have to pay that back someday.
Although I do agree that it is simply not a good idea to put a wad of cash in a child's hand and expect them to act in a mature manner about it. There really ought to be a law that no one under the age of 35 can have a credit card to begin with unless they pass some kind of test first. I used to think that's what public education was
for; evidently I was mistaken.
If only I were king for a day...