The Mudcat Café TM
Thread #94000   Message #1816607
Posted By: Old Guy
22-Aug-06 - 09:36 PM
Thread Name: BS: Voluntary Simplicity
Subject: RE: BS: Voluntary Simplicity
http://www.youngmoney.com/credit_debt/credit_basics/050205

Forty percent of credit card users in this country pay their balance off every month (referred to in the credit card industry as "deadbeats," which is the world upside down if you think about it for a moment), and the other 60% carry average balances estimated to be between $12,000 and $14,000. Be a "deadbeat" and be proud of it. You won't regret it in the long run.