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The Worst Personal Finance Article Ever

You're A "Person Of Extremes" If You Think Financial Accountability Is Still A Virtue

By Alec Nevalainen
June 5, 2008

The headline below reads as if your loan obligations are a party. Evading personal responsibility is now encouraged by personal finance websites. Just super.

And remember to teach your children it's a moral issue only if you have a choice. Never pay for your mistakes, blame everyone else. It's ok to walk away. Quit trying.

Yet again, halfway through the article, this comfortable conclusion is reached after explaining the nuances of walking away, "... and that's not necessarily immoral. It may just be realistic."

This is where we're at, a financial columnist advising on the flexibility (or encouraged absence) of morality. What interesting absurd times we live in.

Full article here.

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