The Reason Americans Are Almost A Trillion Dollars In Credit Card Debt!

The Reason Americans Are Almost A Trillion Dollars In Credit Card Debt!

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[dlynch]

TFS please keep teaching get out of debt.❤

[Jeff-wmqn]

No it's irresponsible spending that's what led us to this debt

[magician]

If “more debt” = house, and the alternative is paying for a house in cash, then our friends at Ramsey solutions will be waiting a long time to be able to afford a house in Nashville.

[kaceesavage]

What if we were taught to pay off the balance every month?

[ghanna]

No, we teach children consumerism is necessary.

[dylanpires]

We’re people taught this? I wasn’t taught this

[belalberry]

Bad score, no home, no car, there re good debt and bad debt

[lizwilliams]

No it's not. It's consumerism. Buying stuff you don't need to impress people you don't even like.

[nikolaig]

I think the goverement should cap intrest rates. More regulations need to be in place. More protections against banks

[MXRiderFiftyTwo]

The best 1 I've ever heard is...
" That's Good Debt"

[stargazeronesixseven]

We are such Dumb~Dumb to listen blindly to Business People to get ourselves into Financial Debts!

[erins]

Not the reason ! The reason is we have taught our children nothing about delayed gratification! Work hard, save for the things you want. Life isn’t fair some people have nicer things you doesn’t mean you deserve them.

[Mark-qvbn]

We aren't in credit card debt, they are. I'm 10 years debt free.

[chubbyzombie]

I use it for all purchases and then pay it off bi weekly when I get paid. Get cash back and don't pay them a Still waiting for Dave to explain to me how I'm stupid.

[untouchablex]

"Maybe that is a question you should ask Chy-na." DJT

[kate]

Car debt is the biggest disaster! I try to save young people every day. The shiny metal makes people insane!

[jimmymcgill]

Strawman arguments.
Pay it off, there's no problem.

[Enjoylifeweonlygotone]

No it's every year people are more and more irresponsible

[proper.role.model.]

Its called psychological manipulation but Businesses lol.

[iphrainvega]

This is wrong or perhaps he did not explain properly.

Long story short: 770 score, at the moment $0 debt. 🙄