Your credit-card debt may partially be in your genes

Fri Nov 13, 2009, 7:27 am | Leave Comment



A new study has shed some light on the credit-card debt that many folks might carry in their jeans. Oops! I mean genes. The news relates that it’s a groundbreaking finding: that whether you carry a specific gene variant that can predict your “appetite” to rack up credit-card debt. [Some folks do have appetite for credit-card debt.] Gene variant is essentially the same as another, but has mutational differences. These words are from the study. I looked for the meaning and that’s the best I could find.

It seems that it’s a research the likes of which had never been done before. What exactly does it mean? Does it mean that we carry a “debt gene”? And if you were to carry such a gene, does that mean you are stuck with it for the rest of your life? Some say the genes are in your butt. Does that mean the debt is in my butt? Ain’t it enough my forefathers were monkeys? Now genes in my butt? What the heck?

What the heck, again – one more time? I have been writing about credit and debt for some time now, preaching to the effect that folks have to change their mindset to start saving and eventually get rid of debt. Does my mindset follow my genes? Does my genes follow my mindset? Does that mean my mindset follow my butt? Hey man! I got stuck. I got stuck in the swamp of mindset, genes, butt and debt.

In a Nutshell
My friend from the 60s went to the doctor’s the other day.
Doctor: “When did you get these symptoms?”
My 60s friend: “Since I can remember.”
Doctor: “How about your parents? You think they have it too?”
My 60s friend: “No, they don’t.”
Doctor: “How about your grandparents? Did they have it?”
My 60s friend: “Yah! I asked my father and he said his father had it.”
Doctor: “That’s what I thought. You know what?”
My 60s friend: “What? Give it to me straight, doc.”
Doctor: “I tell you a secret. It skips one generation.”

My friend from the 60s said to me: “When these people don’t know nothing about nothing, they blame it on genes. I am not ridiculing anybody, but man that’s what it is. It don’t mean nothing. When you got it, you got it and I have got it. I mean the butt, not the debt.”

What do you think?



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