Comments on: A Lifetime of Debt: The Average American’s Financial Journey

By: Eilene Rulli

Eilene Rulli — Mon, 11 Jan 2010 02:07:18 +0000

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By: A Lifetime of Debt « Road to the Real World

A Lifetime of Debt « Road to the Real World — Tue, 05 Jan 2010 14:43:41 +0000

[...] can find a full-size version of this graphic here. Share and [...]

By: Kevin

Kevin — Sat, 28 Nov 2009 12:35:49 +0000

We do not need to borrow to live.

Borrowing keeps the

money controllers rich.

A bad credit rating can be good.

Do not borrow. Save and then buy.

Including your first home.

Build your home yourself. I did.

Look what debt as done to our

country.

By: hero

hero — Wed, 11 Nov 2009 01:17:38 +0000

It is perfectly true. Most Americans have the habit of spending more and earning less. No economy can sustain such lavish life styles. This is one big reason of rich becoming richer and poor becoming poorer. The credit cards are pretty much like casinos, who bet on the maximum debt on an individual.

By: Ricardo Karkamus

Ricardo Karkamus — Sat, 18 Jul 2009 17:09:44 +0000

As somebody who in the past worked in accounting and finance, your graphics really help regular people understand basic concepts in economics and personal finance, thank you.
Very cool graphs, keep them coming.

By: Angela Meadows

Angela Meadows — Wed, 15 Jul 2009 03:32:27 +0000

Thank you for this representation. It is so sad and so true. Got any answers? God says usury is sinful. We all seem to get caught in the trap.

By: Sovereignty of the Individual » Visual Economics

Sovereignty of the Individual » Visual Economics — Sat, 11 Jul 2009 08:57:33 +0000

[...] A Lifetime of Debt: The A… [...]

By: mALIKbhye

mALIKbhye — Fri, 10 Jul 2009 07:57:51 +0000

I wish i’d seen or knew about this info 4 yrs ago ;(. that’s when i start using my C-cards & got my Student loans like it was free, money. Now i;m stuck with 16-33% interest rate…well thanks anyway;)

By: Not Me

Not Me — Sun, 05 Jul 2009 23:00:50 +0000

Credit is not your friend. Don’t be a moron.

credit/interest = the opposite of saving.

If you want less tomorrow, use credit today.