The Childhood Credit-Card Moment That Shaped Jasmine Star's View of Debt
Jasmine recalls watching her parents cut up their credit cards during a debt-free seminar when she was five or six years old. The vivid experience influenced her preference for avoiding consumer debt and paying cash for most purchases.
- Her family experienced genuine financial scarcity.
- She watched her parents physically cut up their credit cards.
- The memory shaped her adult resistance to taking on debt.
- She distinguishes household mortgage debt from most other purchases.
“I couldn't afford things like factually, like when there is no money, there is no money.”
“I have grown up into the person who doesn't take on debt.”