https://www.moneyinfant.com/payday-loans-useful/ Baby Steps to Financial Freedom Thu, 21 Feb 2013 19:59:41 +0000 hourly 1 https://wordpress.org/?v=3.5.1 https://www.moneyinfant.com/payday-loans-useful/comment-page-1/#comment-13007 Money Infant Mon, 25 Jun 2012 14:24:02 +0000 https://www.moneyinfant.com/?p=755#comment-13007 There’s no doubt that is completely true. If they knew even the basics of personal finance they would have an emergency fund to tap when…well emergencies occur.

]]> https://www.moneyinfant.com/payday-loans-useful/comment-page-1/#comment-13001 Kurt @ Money Counselor Mon, 25 Jun 2012 13:53:39 +0000 https://www.moneyinfant.com/?p=755#comment-13001 Use of payday lending is perhaps the foremost indicator of a severe need for personal finance education and desperate financial circumstances. The practice is so lucrative, several Big Banks have gotten into the business. As H.L. Menken said: “No one in this world has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby.” I’d substitute “ignorance” for “intelligence” in this case–that payday lending exists means people aren’t educating themselves about personal finance.

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