The importance of good credit in our society is unquestionable — as is the destructive power of its ugly cousin, bad credit. Yet, millions of consumers succumb to materialistic temptations or fall into the many traps laid forth by credit-card companies (ever tried making only the minimum payments on a large credit card balance?). And while wise credit management isn’t an easy skill to learn and maintain, battling your “bad credit demons” is even more difficult. To illustrate the importance of staying out of debt while building and maintaining a good credit history, we give you Mint.com‘s short epic, The Quest for Credit. The presentation may be humorous, but don’t get us wrong: bad credit is no laughing matter. If you need help with battling your debt demons, check out the budgeting tools at Mint.com.
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11 Comments so far
leave a commentTotally awesome.
That was great!!! The “iPear” really made us laugh =D
So, when he buys a house, he gets the girl? What kind of message is that?
Women are materialistic gold diggers. Beware.
Buying a house is usually the BIGGEST financial debt of all. Many people drown financially in order to pay for a house. Most of this animation was pretty good however the ending I thought was terrible. A house will deplete a good portion of your money (will also usually take 20+ years to pay off) and a woman will also deplete whatever is left
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The presentation is awesome!!
Regarding the points about the house and girl at the end, I do commend the inclination that one should get involved with these ONLY after learning to BUDGET.
Yea, a house is the biggest debt, but also perhaps the most secure asset. Once one is able to properly budget, and understand financial prudence, a mortgage can be paid off quicker, wealth easier to accumulate and prosperity is at arms reach. That is financial education I would like the whole world to know
lol =))
Know your money. Live your life.
+1
Mortgage debt will be a far bigger risk & burden than xbox & iPad credit card debt.
And marriage is also a big financial risk, especially if you’re marrying a materialistic woman who likes you because you can buy an expensive house. Plus 50% divorce rate, which can lead to divorce court a$$ raping, and 18 years of crippling child support & alimony payments. All of which often leads to prison (deadbeat dads).
This is a great bit of humour, put a smile on my face today!
Interesting way to frame life–as a quest for consumption and the material trappings of bourgeois “respectability.”
Welcome to consumerist slavery, kids–be it ever so “responsible.” Now available with pie charts!
[You may now return to your regularly-scheduled white-collar slavery.]