Thursday, January 12, 2012

Shocking Number About Debt

I just read a survey, and felt like I had to share this.  The average consumer owes $15k on auto loans, $173k on a mortgage, $26k for student loans, $48k in home equity loans, and $6k on credit cards.  This is a total of almost $270k!  The survey did not account for any savings that people might have on average, but this number is very high!  I understand we all have different circumstances, but I am here to tell you that if you put your mind to it, you CAN and WILL eliminate your debt!  You just have to want to do it, day after day! 

To my fellow readers, I encourage you to pass along this website to any one you think might enjoy reading about finance.  I am hoping to reach more people out there, in hopes that something they read might in fact help them change their financial future as well.  Thank you everyone for your continued support!

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