Google searches show me the following about credit card debt in the US and in Canada ...
The average U.S. household with credit card debt has an estimated $6,929 in revolving balances, or balances carried from one month to the next. Up here in Canada it is about $4900 according to another site. You'll get different stats from different search sites of course, nothing is totally reliable for accuracy. Mortgage debt is huge for many people but not included. Not sure about car and truck loans from the bank, that might not be on a credit card. The numbers are questionable I guess but one thing is a fact, there is a lot of personal debt and some will never pay it off and be debt free. Financial institutions don't thrive without handing out loans and charging interest.
The YT crowd here obviously avoids credit card debt ..... unless a lot of people are laying low on replying. I guess a guy could still owe a lot of money and not carry credit card debt right? I wonder how many of us are 100% debt free including cards, loans and mortgages?
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Today's Featured Article - Tuning-Up Your Tractor: Plugs & Compression Testing - by Curtis Von Fange. The engine seems to run rough. In the exhaust you can hear an occasion 'poofing' sound like somethings not firing on all cylinders. Under loaded conditions the tractor seems to lack power and it belches black smoke out of the exhaust. For some reason it just doesn't want to start up without cranking and cranking the starter. All these conditions can be signals that your unit is in need of a tune up. Ok, so what is involved in a tune up? You say, swap plugs and file the points....now tha
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