Cigarettes and Credit Card Debt
Thanks to SuperFantastic for this photo.
What do they have in common? Did you ever ask yourself how many times someone had to read the warning label on a pack of cigarettes before they got the message that these things aren’t good for you? Well, here’s a warning label that we see repeated over and over and we just hope that at some point people start paying attention that credit card debt is not good for you. I’m not moralizing here, sometimes it is necessary to use a credit card to purchase something that is needed but the plan needs to be to pay it off as quickly as possible.
MBA (6/5/2007 ) Palaparty, Vijay
Nearly half of Americans, 48 percent, are not comfortable with the amount of household debt they have, according to a national survey commissioned by LendingTree, Charlotte, N.C.
Fifty-four percent of those surveyed in the study, Living with Debt, report not having a financial plan. However, individuals continue to view homeownership as an important part of their overall financial equation.
