this post was submitted on 15 Feb 2024
1715 points (98.5% liked)
Microblog Memes
6027 readers
1219 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes, they use credit cards for almost everything and I think it's expected of them to have one when they become adults.
An american can explain this better than me.
Your credit score can affect the interest rate of getting an auto loan or a home loan. Most adults will have a credit card to establish credit history but won't be using it to get by. Some might use it for stupid purchases though.
Not just credit cards, you want a car, or a phone, or a place to live? I've even hear of some employers asking to check the credit of potential employees, were suppose to always be in debt, because our out of control capitalism means the average person can't afford anything, it must be financed.