• themeatbridge@lemmy.world
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    5 months ago

    This might actually be a good way to teach kids about credit and interest. Let them borrow a small amount at a high interest rate and walk them through paying it off.

    It’s one thing to tell them about financial responsibility. But watching a bad choice drain their piggy bank is the sort of trauma that leaves a scar.

    • Sam_Bass@lemmy.world
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      5 months ago

      If that was the reason for it then great idea. Having to buy icecream on a payment plan is just sad and more than a little crazy

      • themeatbridge@lemmy.world
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        5 months ago

        Oh I don’t know if that was the reason for the one in the image. I agree with you that needing to finance ice cream is sad. I’m just thinking it could be a good intro to predatory finance for kids.

    • runswithjedi@lemmy.world
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      5 months ago

      Let’s not scar children to teach them lessons. I’m sure there’s a better way to teach a kid about interest besides getting a loan from McDonald’s.