Credit Card Debt – Why Consumer Debt Is Rising In America

If you really want to enjoy the American dream you have to live debt free

. Stay away from all forms of consumer debt or credit. Live at or slightly below your means. This means you will be living on a cash basis which in turn means that you will be saving a lot of money that can be used to increase your net worth. Just saving and investing the money that you would be paying in credit card interest, late fees and penalties will make you wealthy in less time than you can believe. If you want to rich then do not use any form of consumer debt especially credit cards.

Credit Card Debt Why Consumer Debt Is Rising In America

By: ketty archer

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