Some things are learned, some aren't. Finances absolutely are.[user not found] wrote: ↑Wed Apr 24, 2019 6:00 pmWrong.
While people are ultimately free to make their own decisions, much of what they know is based off of what they see others doing. If they see their parents doing certain things and propagating certain habits, it's very likely they'd do it too unless they understand why they shouldn't.
Understanding money and credit is not instinct, it's learned. If it's learned the wrong way, they'll do it the wrong way.
I have a friend that has horrible credit because he has no clue how it works. Some months he skips his car paymnet because he "can't afford it that month" then doubles up on payments the next month. He claims he's "building his credit" that way. Ummmmmmmm