Financial advice from gen Z

My financial advice for him is to remove the piercings, fix his teeth, and get a haircut.

i hope he didn't tip his barber..... gee whiz....

When you 18 your credit score is enough to get you a $800 credit card which would end up putting you in $80 000 in dept if you don’t pay it for 5 years so I don’t know what a master plan this is but no one is stupider than Gen Z don’t think you figured it out already 😂

Dude. It’s called a brush.

So let me get this straight, he’s saying live off all the money off the credit lines you maxed out and don’t work for 7 years? Bc if not the second you get a job, they’re garnishing your wages. It’s so dumb. Where are their parents?

You’ll never own a thing. Good luck.

Those eyebrow studs went too far into his brain.

The maximum credit card they're probably going to get is around $200 until their credit is more established they're not going to give them thousands of dollars. I never used credit and I just started building my credit a few years ago, and I had to get a prepaid credit card just to have one. I didn't even qualify for a credit card.

He’s not technically wrong, if you never ever want to qualify for buying a home-car etc lol

Here is some advice for him.

What great financial advice. If you max them out , don’t pay them back in seven years. They’re still going to be there. I believe him.

Yeah, that’s a great way to start your adult life in debt. This guy is a fucking moron.

Dude lay off the gummies for a couple hours.

Then complain that you can’t buy a house. 🙄

Grifters...plain and simple.

I don't take advice from someone who doesn't know how to use a fucking comb!

There's a reason why Gen z is one of the poorest generations.

His web searches, how do I fix a 600 credit score?

That is some solid life advice...

So Fraud is the way to go?

Amazing how many experts there are on Tik Tok.

Once in my life I did something like this. Got a line of credit with an "insurance" byline thing. "If you lose your job, you don't owe us a thing!" I paid the fees, used the card for a couple years, got laid off and called them up. "Oh, but you gotta pay!" "No Ma'am, my contract

He said “one of the funniest pieces of advice…” if that means bad advice, I agree

Immoral or not he’s right. The FCRA sets a hard 7 years, from the day it’s reported delinquent, limit on revolving debt and personal lines of credit. Individual states also have a statutory limit on whether you can be held legally responsible for debt like credit cards

you’ll be put on a loan default list effecting your credit score. The debt will follow you and be collected via wage and income garnishment like the dead beat you are. Your credit will be in the shitter. So don’t plan on getting a new car or house. Mom’s basement will be yours!

Failed parenting.

He She, I couldn’t tell for sure, forgets to tell you any CC company who wipes you off their books turns that info into the IRS - it’s assessed as income and you’re taxed accordingly

Why would anybody take financial advise from a moron that can't even comb his hair ridiculous

It has the hair of a 60 yr old lesbian.

I suggest you get somebody that has better knowledge about finances cause that’s not the way to go about it