Retirees sliding into debt
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#1 Jan 15, 2007
Theyre not the only ones.
#2 Jan 15, 2007
Don't worry. Nancy Pelosi will save us.
#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.
#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.
#5 Mar 26, 2014
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