Financial literacy

eric dorkin eric_dorkin at yahoo.com
Thu May 16 10:02:51 PDT 2002


You weigh the costs of bankruptcy versus the benefits of bankruptcy and voila! Not unlike nusiance law.

Doug Henwood <dhenwood at panix.com> wrote: pms quoted:


>Paige and Treasury Secretary Paul O'Neill decried trends of rising
>credit-card debt and bankruptcy among college students and other young
>adults. O'Neill said that financial education was an essential part of
>helping children and young adults prepare for the future.

Hey, running up the credit cards and then filing for bankruptcy is a pretty sensible strategy I'd say.

Doug

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