Debt is like a disease that can enable us from living a happy and normal life by taking control over our lives. Most of us don’t even know how we end up in the situation we are in. Buying every thing we own with credit has become our culture. But don’t let debt control your life any more. You can take over your life again. Imagine life with out debt!
Amelia didn't major in maths… who else is wondering what will happen when the capitalist economy, doomed to fail, finally does? I mean, aren't we just biding our time?
Thats an awesome vintage Apple computer 1:30 ?
Any younger people watching this thinking credit-cards are bad no it's not the people on this documentary are financial illiterate. Everything you do at this point requires credit histories and you might as well have a credit-card. Landlords when looking for renters needs a credit history, buying a car requires one, and especially buying a house. You need credit history to build one is simple which is credit-cards and I recommend opening a secured credit-card with a deposit of $250 to $1,000 and use it for groceries or other things such as supplies or snacks.
I wish public High School in the US made financial literacy as their mandatory classes. As an American who attended elementary, intermediate, junior, and high school we all know all public schools are heavily focused on the Standardize Test. You can't take specialized class if you did not complete all the Standard Tests offered at your school and in NY a Regent Exam is mandatory for graduation.
Fun Fact: Debt with intrest is forbidden in christianity, judaism and islam, and the most people who deal with credit are the jews and christians, only muslims still fight this destructive sin… well even in islam lately this disease has spread may allah protect us all.
21:02 – Oh boy is he in trouble.
Free money!!!! Lol
Get a credit card. Charge something and PAY IT OFF IN FULL WITHIN THE MONTH! DON’T CARRY A BALANCE! Raise your credit score. Having credit cards can be a good thing if you know how to use them properly and with discipline!
37:50 "cuz I sit on my ass on the street and play my trumpet"
Lobbying.. a cool word fro Bribery and corruption. This is clear corruption been engaged in by American Politicians to Crush their own people.
Lol at the national debt of 8 trillion in this video. Its currently at 28 trillion in 2021 and the worthless democrats want to add another 5 trillion to it as well. America is doomed.
It's not anyone's fault but the people using the card.. You buy something, you pay it back. You can't afford the payment? Well guess what there is something called patience. But that is not a word in the vocabulary of most people. They want in now and they don't care about the consequences. Pretty sad.
How do you market a creditcard?
How do you get a fish to bite the hook?
This is why under Islamic shariah law if I borry £5000 from my family I pay it back in on year I don't pay any interest noway I just give back £5000 simple but no not in a capitalism world u have to pay interest on top of interest this is so xxck up