70 Percent Of You Will Jack Up Your Credit Shortly After Graduation, According To Study
7 years ago

Put the credit card down, broke boi. According to a new study, you aren’t fiscally responsible enough to have it. Turns out that 20-somethings left on their own to make decisions about money have no idea what they’re doing. Really? That’s surprising and newsworthy. Let’s dive into the stats of this deeply disturbing problem.

From Forbes:

According to a new study from Opportunity Financial, seven out of ten college students make a credit-damaging decision shortly after graduation. The survey looked at 2016 college graduates to see how their credit has fared over the last two years. They found 51% of respondents had missed at least one credit card payment by 30 days. Just 44% of college graduates said they had never missed a credit card payment. Nearly 30% had a delinquent utility account sent to collections.

So basically, this supposed “financial study” says that going to some hip new club every weekend and charging bottle service to my credit card is a bad idea. Well, counterpoint: I look dope as shit on the Gram. And can you really put a price tag on that? So what if none of these semi-regional Instagram hotties coming up to my spot for free shots don’t actually go home with me at the end of the night. It’s all about appearances, baby. Fake it till you make it.

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Save your advice on “credit” and “responsible spending” for somebody who needs it. I’m making 40K a year PLUS commission. Something tells me I’ll be just fine. Now leave me alone, and go bug out on some other poor soul. Regardless of what the “stats” say, I’m going to happily keep spending some of this hard earned cash. In fact, right now there’s a sale over on Man Outfitters and I’m going to go cop some sick fits for beach season. Good day, sir.

[via Forbes]

Image via Shutterstock

  2. StoryTeller

    Nicole is fit thicc and I’d give a virginator comment a thumbs up just to have a chance to sniff her panties post workout

    7 years ago at 11:03 am
    1. Fratty McFratFrat

      Check back later. By close of business you’ll have at least 20 fresh comments to choose from.

      7 years ago at 11:12 am
      1. thevaginator

        Took the bait just like I expected. May have been a day late but I knew you wouldn’t resist Mclosers mom Monday. I own you kid.

        7 years ago at 11:18 am
      2. Fratty McFratFrat

        Every time you use my name in a comment, or reply to one of my comments, you prove to the world that you desperately wish you were me.

        7 years ago at 2:19 pm
  3. MightBePike

    This legit gets me in my soapbox.

    I’ll save myself the embarrassment of a rant and just say there should be personal finance classes in high school at the latest.

    7 years ago at 12:05 pm