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19-10-2010, 09:06 AM
Musicwhiz, while that could be true, I really wondered whether the article is writing for the sake of generating news to be read, or if it is really true.
Most of my friends who are around my age group do not have such problems with debts. They may be out of job, they may be studying or they may be working just like me, but none of them has debt problems as mentioned in the article.
I'm inclined to believe that only a very small number of youths are leveraging to the hilt for their branded stuff and luxuries. The news article dramatized it so that it is as it is, news.
I'm perhaps on the extreme end of saving percentage for my age group, so I do not take myself into comparison at all.
Most of my friends who are around my age group do not have such problems with debts. They may be out of job, they may be studying or they may be working just like me, but none of them has debt problems as mentioned in the article.
I'm inclined to believe that only a very small number of youths are leveraging to the hilt for their branded stuff and luxuries. The news article dramatized it so that it is as it is, news.
I'm perhaps on the extreme end of saving percentage for my age group, so I do not take myself into comparison at all.