The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/i-dont-think-there-is-any-one-reason-why-people-10199877.aspx

Subject:  Re: CC Debt = Annual Gross Income? Date:  6/8/1998  10:32 AM
Author:  PSUEngineerFool Number:  2147 of 308428

I don't think there is any one reason why people get into CC debt. I do agree with Pwyles that different personalities in regards to spending and saving for married couples lead to problems. But sometimes couples that are average to good savers get in trouble. This is where communication comes in. If there is a lack of communication between the couple, they may not realize that CC debt is building. Money is one of the hardest things to discussion in alot of marriages.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us