Posts Tagged ‘consumer debt’


Consumer Debt is a Slaver with a Pretty Face

Are you a voluntary slave to the monthly payment? Most Americans are to some extent. Take a moment to calculate exactly how much of your money is tied up paying interest to institutions that loaned you money for another new car, a bigger house, a kickin’ stereo, or a tropical vacation. The problem with this […]

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The 10 Most Fiscally Irresponsible States

<img class="alignleft size-full wp-image-792" title="2345895971_e8cd13e980_m" src="https://americanmonetaryassociation.org/wp-content/uploads/2011/07/2345895971_e8cd13e980_m.jpg" alt="" width="240" height="160" />Sometimes the best way to get someone to change a bad habit is by exposing them publicly. Well, when it comes to fiscal irresponsibility, the federal government wins, hands down. No single state in the union can hold a candle to Uncle Sam's raging, decades-long <a href="http://www.brillig.com/debt_clock/" target="_blank">spendathon</a>. But there are ten states that have distinguished themselves from the pack via the means of their citizens racking up a tremendous amount of debt. The following list comes to us courtesy of <a href="http://moneywatch.bnet.com/saving-money/blog/devil-details/debt-in-america-most-least-indebted-states/4899/" target="_blank">Moneywatch</a>.

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