Wednesday, May 9, 2007
Most Americans simply don't. Your average, everyday red, white and blue American citizen has over $9,000.00 of ongoing credit card debt.
We've probably all heard about the idea of a "cashless society". No need for bills. Charge it to a card. Swipe it or just wave it in front of a contactless smart card reader. Ease. Convenience. Speed.
But is the United States of America - the absolute worst moneysavers on the face of the planet -ready and willing to reverse the tables and move to a "cash only" way of life?
Some have already made this personal choice, because they took inventory of their financial situation and recognized an interesting weakness: a lack of self-control.
Posted by Markus Arelius at 5/09/2007 05:15:00 PM