Credit Cards Will Keep You Going Backwards Instead of Forward
- Category: Money
- Published: Tuesday, 15 March 2022 23:40
- Written by Roger Caldwell
By Roger Caldwell
I am not a financial expert, an accountant or a bookkeeper, but most people in America are in debt. Many owe on a home and a number of other bills each month, and this week the focus of the article is credit card debt. Credit cards are a way that America is able to buy items and things that they don't have cash for.
Debt is a reality in 2022, and younger Americans are taught at an early age to charge things when they have no cash. When they are hungry they charge food, when they want some new clothes they charge it. The majority of this stuff, they do not need but they are consumers, and it feels good.
Read more: Credit Cards Will Keep You Going Backwards Instead of Forward