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Average American family is $9000 in debt.

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Uploaded by on Apr 10, 2006

not because they're buying stuff they need to survive. Because they're buying JUNK, that they can't afford!!!

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  • You called it. Look where we are now.

  • My parents are probably 50-80k in debt.. not because they live beyond their means, but because of 5 generations of farming. My dad finally quit and they're slowly paying it off. Now my cousin is 75k in debt just out of college, with a degree he cant get a job with he's now considering going back to school.

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  • Bob, I can't help but notice that you've aged a bit in five years, Maybe you need a vacation. You know, someplace sunny with pretty girls tending to your every whim. Someplace like a sanitarium!

  • Only $9k in debt? I've got a few dozen people covered! It doesn't take long for the average earner to make $9k. The problem seems to be mostly with the young. Credit was too easy for them, now they're swimming in debt. Sooner or later, when they get older, they'll demand debt relief. But not to worry Bob; you'll have an aneurism before then!

  • my dad is only 1500$ on dept. but still has a mortgage

  • OMG GUYS...AS OF TOMORROW..I WILL BE IN A TOTAL OF $10 IN DEBT. I WILL NOT BE ABLE TO COVER THE LAST 10 DOLLARS OF MY CREDIT CARD BILL.

  • 9000 in debt is excellent if all or part of that includes car loans.

  • more like OVER NINE THOUSAAAAANNNNDDDD!!!!! dollars in debt

  • I have zero debt too, excluding my small mortgage payment , however I am selling my home and with it's equity I am buying a replacement home for 100% cash. At that time I will be living very cheap, I will only need $14K per year to live.

  • Wow, $9000 seems to be a lowball number, but I haven't actually seens the stats. I know alot of people who are 20k + in the hole and they are STILL swiping those credit cards like there's no tomorrow.

  • could you stop fucking screaming?

    thank you

  • Yeah. Gotta have those McMansions, SUVs and Dooney & Bourke handbags. Where I live, they have more than 9K in credit card debt. Some have 90K in consumer credit card debt.

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