<prompt> Human: My kid is a senior and got into it with the teacher who was doing the personal finance section: Apparently, while she appreciated the enthusiasm she didnt appreciate being told: Preface all these with a my father says The only thing worth going into debt for is a house or an education. People who understand compound interest are destined to reap it; people who dont are destined to pay it. Car loans are for fools. This section was an explanation of how they work and why a 6 year loan is not a good option. Credit card are the devils work. Part of the class was on How to manage your credit cards - its OK as long as you can cover the payments. Index fund will always beat the market in the long run.Also this week:Best line was I overheard her apologizing to her friend while borrowing my car to drive her somewhere 97 Civic with 189K It would be hard to overstate my dads tolerance of crappy cars.  <response>: You might have incorrectly formatted line breaks. To create a line break, either put two spaces at the end of the line or put an extra blank line in-between lines. See Reddits page on commenting for more information.I have attempted to automatically reformat your text with fixed line breaks.Your text might contain incorrectly formatted lists. To format a list properly, add a space between the bullet points and list items, and add a blank line before the start of the list.--- My kid is a senior and got into it with the teacher who was doing the personal finance section: Apparently, while she appreciated the enthusiasm she didnt appreciate being told: Preface all these with a my father says The only thing worth going into debt for is a house or an education. People who understand compound interest are destined to reap it; people who dont are destined to pay it. Car loans are for fools. This section was an explanation of how they work and why a 6 year loan is not a good option. Credit card are the devils work. Part of the class was on How to manage your credit cards - its OK as long as you can cover the payments. Index fund will always beat the market in the long run. Also this week: Best line was I overheard her apologizing to her friend while borrowing my car to drive her somewhere 97 Civic with 189K It would be hard to overstate my dads tolerance of crappy cars.---I am a bot. Contact pentium4borg with any feedback. 