Reply #3: We live in a culture of greed where everyone believes... [View All]

[Speck Tater]

... that they "deserve" the newest, biggest, fanciest car whether they can afford it or not. 4 years ago I paid $100 cash for a car that was already 12 years old. I've driven that car for 4 years now, and never had to make a single car payment. And as a light sub-compact, it gets great gas mileage.

People's whole concept of the value of money has been so badly warped and distorted in the last 40 or 50 years that most modern adults have lost all touch with reality. So I find it difficult to blame it all on the providers of easy credit. Banks can only scam people who are greedy to be scammed. Just as any con man knows he can only con someone who is already greedy.