As "YOLO spenders" have financed more and more spending with debt, Rosenberg said the consumer credit default cycle has already arrived.
  • queermunist she/her@lemmy.ml
    16·
    5 months ago

    I started working with welding presses this past year and needed to buy a week’s worth of jeans to meet safety requirements (I didn’t really own jeans before lol)

    Fortunately I had some savings, otherwise I’d have been forced to use credit to buy them before I got my first paycheck