Retirees sliding into debt

Retirees sliding into debt

There are 5 comments on the KVUE-TV Austin story from Jan 14, 2007, titled Retirees sliding into debt. In it, KVUE-TV Austin reports that:

Area senior Miss Daisy says she spends $200 more than she brings in each month. "I rely on my credit cards to make ends meet," said the 65-year-old Dallas woman, who asked that her last name not be used.

Join the discussion below, or Read more at KVUE-TV Austin.

Burnett

United States

#1 Jan 15, 2007
Theyre not the only ones.
Chief Diversity Officer

Houston, TX

#2 Jan 15, 2007
Don't worry. Nancy Pelosi will save us.
MJM

Carrollton, TX

#3 Jan 15, 2007
That's why we need to privatize social security.

People need to save, not borrow; especially when they're younger. Cellphones and dvd players are not necessities.

Average number of TV's in a welfare receiving household: 2.8.

It only takes $100 a month from the time you're 20 to retirement age to retire with a 7 figure net worth.
Chief Diversity Officer

Herndon, VA

#4 Jan 16, 2007
I am semi retired and carry a credit card balance of ZERO. I only have one credit card.(I travel a lot and they are a necessity for booking online tix, hotel, car, etc.)

People need to learn to 'pay themselves first' when they receive their paycheck. Revolving credit is financial cancer.
Charity

London, UK

#5 Mar 26, 2014
This is the first time I had ever applied for a loan. I couldn't have asked for anything more from the staff that answered any of my questions to the application process. Once this had all been completed the money was transferred quickly into my account. I will definitely be recommending 911PDAY .COM ( http://goo.gl/44kQUQ ) too my friends and family.

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