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Post by Marya Dabrowski on May 20, 2016 7:43:05 GMT -5
Are Traditional Catholics comparable to the rest of the population in managing money? Are they worse or better?
I thought they would be better but I have met SAHM who "Don't cook", don't have a vegetable garden and who are trying to pay down debt (?, !!). A man in our chapel was widowed last Dec. and now has to move because he can't afford the payments on his house and he owes 3 more years. He's 79! To me this is insane. Many of my own relatives are poor money managers because they seem to find every pyramid scheme around to latch on to and invest time and money toward.
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Post by jen51 on May 20, 2016 7:47:56 GMT -5
I tend to think bad money management is a pretty universal problem, and can be seen in most groups of people.
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Greg
Junior Member
Posts: 84 
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Post by Greg on May 20, 2016 12:13:41 GMT -5
Hard to say. Most people keep their money matters private.
However as someone closely involved in financial technology and especially credit and on-line lending technology I can tell you that the population at large are utter muppets because I have seen the data at Experian and Equifax and other credit agencies. So I doubt Trads are worse. Probably about the same or slightly better.
I was at a conference recently where someone made the claim that 50% of Americans could not immediately lay their hands on $400 in cash. i.e. Their liquid savings were less than $400.
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Post by Marya Dabrowski on May 22, 2016 6:25:35 GMT -5
Hard to say. Most people keep their money matters private. However as someone closely involved in financial technology and especially credit and on-line lending technology I can tell you that the population at large are utter muppets because I have seen the data at Experian and Equifax and other credit agencies. So I doubt Trads are worse. Probably about the same or slightly better. I was at a conference recently where someone made the claim that 50% of Americans could not immediately lay their hands on $400 in cash. i.e. Their liquid savings were less than $400. Wow, that's scary. Yet they call all afford a motorcycle or two. |
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Post by Clotilde on May 29, 2016 12:01:02 GMT -5
Hard to say. Most people keep their money matters private. However as someone closely involved in financial technology and especially credit and on-line lending technology I can tell you that the population at large are utter muppets because I have seen the data at Experian and Equifax and other credit agencies. So I doubt Trads are worse. Probably about the same or slightly better. I was at a conference recently where someone made the claim that 50% of Americans could not immediately lay their hands on $400 in cash. i.e. Their liquid savings were less than $400. Wow, that's scary. Yet they call all afford a motorcycle or two. Or constant tattoos. |
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Post by Marya Dabrowski on May 29, 2016 22:09:45 GMT -5
Wow, that's scary. Yet they call all afford a motorcycle or two. Or constant tattoos. Isn't that the truth! |
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Post by orthopapist on Jun 9, 2016 1:33:22 GMT -5
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Post by Voxxkowalski on Jun 10, 2016 8:29:25 GMT -5
This all just proves we lost the cold war....the commies have their willing slaves and their phoney currency. under USSR: "The communist pretend to pay us....we pretend to work" |
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