To me it's common sense... I'm obviously not an "expert" but recently something occured that made me share with you guys.
I live on a military base with my wife, and while I'm still young (22) our neighbors are younger (around 18 or 19). The husband is an E-3 which isn't that high, and being a newly married couple they didn't have a lot of things. They had a mattress, a television, and random little things, but that's it.
The first "major" purchase they made was about a month ago. They "apparently" got a good deal, and instead of the normal 2 thousand it goes for, they got a vauum for 1,200 dollars... Let me say it again, a 1,200 dollar vaccum.
By now hopefully you guys' are thinking the same thing my wife and I were at that time. From this point, my wife tried to give them good pointers, on how to use craigslist and a local auction website to get stuff affordable that still looks good. Which is what we've used to get our house nice and cozy.
So today, at work, I get a text informing me that the neighbor's had gotten a 2,000 dollar brand new bedroom set. Mind you these purchases aren't with cash, it's with credit from places like Aaron's and such.
I don't understand. How can you be this stupid? Now if you were making large amounts of cash I could understand, but this is on an E-3's salary, and after taxes and such... It doesn't give you much. Anyways, I just had to share this with someone else, I can't keep how ridiculous this is to myself, anyone else with similar experiences?