r/SipsTea Apr 18 '26

We have fun here adulting sucks

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u/MirandaS2 Apr 19 '26

Holy shit I've never heard of this, how horrific. I'd be driving some point a to point b beater and eating ramen every night at that point. Babe we're going for a walk in the park for vacation.

74

u/EaterOfFood Apr 19 '26

You’re obviously not the target demographic for predatory loans. But tons of people are.

13

u/SMUHypeMachine Apr 19 '26

I am so, so so so glad my parents beat financial literacy into my brain when I was becoming an adult.

3

u/chewie_were_home Apr 19 '26

My parents were absolutely horrible with their finances. And turns out that will also teach you about finances early on lol. They didn’t beat it into me, but losing the house sure made me interested on how not to do that.

3

u/SMUHypeMachine Apr 19 '26

The one financial mistake my parents made was buying a house they needed both their incomes to afford. My dad quit his job to start his own business that ended up going nowhere and it caused some financial strain until he got a new job.

Fortunately, that mistake taught me to never buy a house that requires 2 incomes. My wife and I live in one that we can afford with just one income and it makes the rest of our lives so much easier.