When I read discussions online related to pregnancy and child-rearing, I notice one thing: many working mothers aren't some career-obsessed feminists who want to prove a point and they often complain about how hard it is to combine working with taking care of a family. Some have husbands/partners who are permanently underemployed, while others are stuck up with debt.
Sometimes it's student loans, sometimes it's credit card debts, or a combination of the two. Imo, there is something very wrong with a society which encourages very young people to start their adult life by taking on huge amounts of debt. Just recently I posted a link to an article talking about advantages vs disadvantages of going to college which mentioned this problem. Today, I'd like to talk about consumer debt.
Believe it or not, but there are few people among our acquaintances who even own a credit card. My husband had to take one when he traveled to America as he was told that in the USA, one needs it. We seldom use it and the bill is always payed next month. There are many people over here who take irresponsible loans and later come into trouble, but apparently the problem is much worse overseas.
Neoliberalism pretends to care about human rights but at the heart of it is soulless consumerism and predatory money-lending practices which turn people into serfs, and now it appears that big credit card companies are behind the attacks on the free speech, too. (Are we really surprised?).
I found an article which explains the whole credit card debt issue in more detail:
The Truth About Credit Card Debt
I hope it contains some helpful information and certainly a warning for all of us. And ladies, you still can be a housewife, as long as you take care to marry a husband capable of holding down a job and avoid debt.
P.S. OFFTOPIC. Our cat is still missing, please pray that we find him!