Analog budgeting is important. Credit cards abstract money and remove us from the physicality of it. Why is this important? We need to feel our actions and implications.
Let’s talk about debt. Everyone has it (not me). Some debt is valid, but younger generations have a spending problem. That’s a whole other issue (loss of hope, foreshortened future, lack of financial literacy, uncertainty). Rise of Affirm, Klarna, Afterpay and increasing adoption.