Posts Tagged ‘financial-imprisonment’
What My School Didn’t Teach Me About Credit Cards (GP)
Many people see credit cards as one of the primary keys to financial imprisonment, and this has proven to be the case for many people. However, the problem isn’t the credit card itself, but how they are used.
Photo by Ian Britton via FreeFoto.com
When I was in school I received a well rounded education which covered [...]
The Key to Financial Imprisonment
In my post “My first credit card and the fallacies,” I mentioned the term financial imprisonment. It is the opposite of financial independence, and I defined it as the state of having to work for money, living from paycheck to paycheck, and never having enough.
Photo from Wikimedia Commons
So, how can one become financially imprisoned? [...]
