Consumer debt in America has skyrocketed. According to the U.S. Treasury, consumer debt has jumped from $355 billion in 1980 to a staggering $2.4 trillion in 2010. With credit cards as one of the biggest culprits of America’s spending spree, it’s easy to see how we’ve fostered a society that thinks it’s OK to spend [...]
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The shock of that January credit card statement motivated you to start your 2010 Christmas Club account and avoid Christmas debt this year. Good for you. So far you haven’t charged a single penny. Great! Just one small problem: your gift list is longer than your budget. Take a deep breath. You are going to [...]
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