Monday, May 21, 2007

>>Savings and Debt<<

The article in the New York Times paper about the debt that families such as the Moellering's have reflects the type of situation that many families in America are going through. It is very difficult to save money for many people because there are so many bills that have to be paid and usually people only work to pay out those bills. There are many more things that a person has to take care of and they have many more expenses that also carry on interest rates. The use of the credit card worsens many people's situations because they include interest rates that you have to pay. Reading this article made me realize the amount of time needed to completely balance out living a comfortable life and having to deal with the various bills.

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