Prime Rate Credit

April 23, 2006

Every Single One of My Friends Is in Debt

Filed under: Ways to Save, General Rants — CleanedUpCredit @ 1:41 pm

Just a quick aside, another reason I started this weblog, is because I’ve recently been asking my friends how bad of debt they are in, and they unanimously felt they were “in over their heads”, especially if they owned a home and had kids.  With the gas prices currently being outrageous, and interest rates soaring, it’s a wonder that most people can even put food on the table for their kids. 

I read an article today that said that the people hardest hit by the increasing gas prices were the middle to lower paid individuals.  Then, I read another article on how more and more people are resorting to buying motorcycles instead of cars to save on gas, as well as resorting to getting jobs within walking distance or riding their bikes to work.  Just not using gas for one week saves many people upwards of $50 a week!  Think of what the $50 could do!

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