Megan got a full ride to law school with a 3.9 GPA but racked up $10,000 in credit card debt anyway. Ramit Sethi talks to her about why smart people still make bad money moves.
You know? You went to law school.
Did you do that on your own?
Yeah, and I got a full ride.
How'd you do that? That's awesome.
I had good grades. I work hard.
How good?
What's your GPA? Undergrad.
I had, like, a 3.9.
Isn't it fascinating that someone can be so successful in certain areas of life, so driven, so confident, but they can totally shrink in other parts? Megan was.
An undergrad. Taken out loans, ran up $10,000 or so of credit card debt. Couldn't pay it off. It started growing.
I do it, you do it. Megan's doing it right now. In fact, I think we all do. I want to point this out because it's so, so easy for you listening to this or watching this on YouTube to scream @ Megan, how could you do that? Well, it's actually pretty easy to charge up tens of thousands of dollars on credit cards. Nobody stops you. In fact, they encourage you.