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Joined 1 year ago
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Cake day: July 12th, 2023

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  • In Australia, at least at the beginning, bnpl services managed to bypass all money lending regulations based on the fact that they don’t charge interest. I know that there were discussions about fixing that but haven’t been following the topic in a while.

    Like the other person, I also assume you meant lenders, not borrowers. Lenders WANT people that are terrible with their finances. Visa makes very little with me paying off my credit card in full every month, just some merchant fees. On the other hand plenty of Australians are in constant credit card debt and pay something like 18-22% interest on the money they borrow.

    Good on the Dutch government to try and control that.




  • Ah the person that complains they had to tap into their investments because you need to periodically get a new bed and redo your deck and can’t save money. Yes I got downvoted for providing basic personal finance recommendations there!

    I think the problem is a combination of the things you mention, and the fact that society is just normalising stupid spending, waste of resources and spending everything you earn, if not more.

    When on reddit, I was active on personal finance subs. The amount of people asking for suggestions on how to improve their budget that didn’t see anything wrong with 10-12 subscriptions for shows and music, on top of astronomic phone bills, eating out etc was crazy. At least they took the first step, wrote down their expenses, and were asking for help. The bed/deck guy was just pure madness.








  • Find some volunteering group, you’ll get tradition, community and being part of something bigger, prolly not the music though. Where I am we are big into Emergency services, they are mostly run by volunteers but really you can find whatever works for you from animal shelters to helping people with personal finance if that’s your niche. , No need to waste time idolatring an imaginary friend that doesn’t reciprocate, you can do some actual good and feel good!