Managing Money
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Some young consumers can be reckless with their money, but if that behavior spills over into credit it could have devastating long-term consequences.
That’s the concern with Myles, a 23-year-old from Texas who appeared on Caleb Hammer’s YouTube show “Financial Audit.” His finances are apparently in such a mess that Hammer worries he might be heading for bankruptcy.
“You’re going to die under a bridge broke,” he told his guest.
Like a number of young Americans, bad planning, low financial literacy and misplaced priorities are jeopardizing this young man’s financial future.
