Showing posts with label consumer debt. Show all posts
Showing posts with label consumer debt. Show all posts

Tuesday, June 7, 2011

How Much Debt is Too Much?

Most of us carry around debt and it's part of how the American economy functions. Credit is leveraged so that we can buy a home, a car and all of the big ticket items we've become accustomed to. At some point though, the cost of carrying around all that debt, especially high interest credit card debt, can become too much to handle.

So it begs the question. How Much is Too Much?