WhatFinger

And the older generation is leaving you their legacy – a legacy of debt.

A Legacy of Debt


Most folks in middle age can remember receiving, as a child, an allowance from their parents. If you grew up in the 1960s or ‘70s as I did, you probably got a quarter a week, perhaps fifty cents. By the late ‘70s, due to inflation (or earlier if your parents had a lot of money), you probably got a dollar. Typically, kids had to do at least a minimal amount of chores, such as making their beds or taking out the trash, in order to earn their stipend.
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