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mheisig · 12-12-2007, 11:16 AM

It's no real surprise that 1 in 20 people carry $2,000+ in credit card debt and the average savings rate is somewhere below zero. Way too many people living well beyond their means.

I started making pretty good money recently (after I quit the police department) and I'd love to get myself a nice big plasma screen, but I just can't afford it. Rather than racking up $2500 in credit card debt and hoping I can pay it off, I'll just wait. I guess I don't see why that's so hard for some people to understand.

I worked with a guy about five years ago who had $21,000 in credit card debt and he was only 20 years old. His monthly minimum payment was something like $1,200. And he'd still go out and buy video games and computer hardware - just blew me away.

12-12-2007, 11:16 AM	#16
mheisig The Starter Join Date: Aug 2004 Location: The Southeast Age: 41 Posts: 2,119	Re: F.... Keeping up with the Jones's It's no real surprise that 1 in 20 people carry $2,000+ in credit card debt and the average savings rate is somewhere below zero. Way too many people living well beyond their means. I started making pretty good money recently (after I quit the police department) and I'd love to get myself a nice big plasma screen, but I just can't afford it. Rather than racking up $2500 in credit card debt and hoping I can pay it off, I'll just wait. I guess I don't see why that's so hard for some people to understand. I worked with a guy about five years ago who had $21,000 in credit card debt and he was only 20 years old. His monthly minimum payment was something like $1,200. And he'd still go out and buy video games and computer hardware - just blew me away. __________________ Your post count, reputation score, popularity ranking, VIP tag or funny signature has no bearing on how I value you as an individual.