Quote:
Originally Posted by xo_kathy
Mismanagement isn't always about spending your cash on booze, cars, and crap you don't really need.
My mother did exactly that when she was first divorced from my father and trying to raise two young kids while working full time. She racked up a credit card debt she couldn't afford so we could have clothes and food - silly her.  ( Disclaimer for my poor dad - he gave us child support. Mom was a little too proud perhaps and had him give less than required b/c she wanted to make it on her own).
So, because she couldn't (and shouldn't) get any more credit cards, she often used layaway at Kmart to get Christmas presents, school clothes, new towels and/or sheets we'd eventually need, etc.
There ARE people who use it for things they know they will need in the future - not just frivolous things. And as someone pointed out, my mom's situation is probably really similar to a lot of people in rural Arkansas who got Wal-Mart off the gorund in the first place. |
She turned down the child support, so I guess she's at least partially at fault, yes? Also, could she not have tried to find a better job?
Credit cards are not a must, but a bank account/debit card? Not too hard to come by. Yes, if you write hot checks, that could become a problem, but writing hot checks is pure mismanagement, don't you think?
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