Is today more difficult to be financially stable?
• United States
30 Jul 16
I think there are more "issues" today, such as the need for a car (where people in my parents' generation got by without one because everything was in the neighborhood). There's also the issue of inflation, where things simply cost more today than they did. More significantly, I think it's more a problem of easy credit. People get approved for $10,000-limit credit cards without a job! And, at least in the US, we're a very covetous nation: why buy a simple $18,000 Honda when you can buy a $70,000 Lexus to impress the neighbors?