Credit card companies for years have promoted the “glamor” of credit cards to our nation’s youth. Design your own card, favorite sports team, free hat, or ease of use are regular techniques that guide unsuspecting minds to debt. Today’s high school graduate even college grad has had little if any formal education about consumer debt. In fact, I would argue that the most information persons under 24 years of age receive about credit cards comes from the companies selling them. What if drug dealers educated your kids about the effect of drugs? Maybe a bit over the top, but consider the ramification of debt on a persons well-being, and you will agree that debt has no place in a person’s life.
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