Message #51831

[donnap99]

In rare instances (i.e., illness and unable to work) I can see someone going over their head into debt. But in general (I believe) most folks in debt have a money management problem. No one is forcing anyone to take advantage of those offers of credit! Making it tempting, yes, but not forcing.

In the US we need to lower our standard of living to live within no more than 80% of our net means, in order to have a savings, a cash flow in case of emergency, and not rely on credit so much!


DonnaP99