Now my concern is "How we put up the shovel?" Have we truly learned to control our spending habits? Have we trained ourselves to spend less than we make? I would dare to answer no. Dealing with teen age students on a daily basis, I know that the greatest learning takes place when the kids apply the lesson I have taught them. I am learning my lesson about spending less than I make, give me an opportunity to apply it.
Friday, October 31, 2008
In a recent article on CNNMoney.com
In a recent article on CNNMoney.com, banks are beginning to discuss the idea of a credit card bailout. The article mention a bailout that would forgive up to 60% of the debt that consumers have racked up on plastic. My immediate reaction is yes- get me out of the hole I dug myself. Surely others would say the same thing.