Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 7 months agoMore retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’ expert sayswww.cnbc.comexternal-linkmessage-square26fedilinkarrow-up1209arrow-down12
arrow-up1207arrow-down1external-linkMore retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’ expert sayswww.cnbc.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 7 months agomessage-square26fedilink
minus-squareVubDapple@lemmy.worldlinkfedilinkarrow-up12arrow-down1·7 months agoI think they’re saying that these “nice things” are purchased with more debt.
minus-squareZorque@kbin.sociallinkfedilinkarrow-up8arrow-down3·7 months agoAh, so instead of “Some people are doing fine, thus everyone is doing fine” it’s “some people have poor money management skills, thus everyone has poor money management skills”. Either way it’s a pointless generalization based on personal bias.
I think they’re saying that these “nice things” are purchased with more debt.
Ah, so instead of “Some people are doing fine, thus everyone is doing fine” it’s “some people have poor money management skills, thus everyone has poor money management skills”.
Either way it’s a pointless generalization based on personal bias.