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 Why are we as Americans so far in debt?

7/17/2013

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To become victorious over debt in America, as consumers I think we need to ask ourselves this question and learn our true reasons for being so far in debt. Because of the natural law of cause and effect we need to examine the causes for our personal debt before we can find the cure or financial fix. It is a lack of money (income)? Is it because credit cards and other loans are easy to get? Maybe it is all the tempting ads inviting us to buy things we really don't need (more stuff). What do you think are the real causes (reasons)? 
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    Roger Greenwald is the Member Services Director of the Biweekly Mortgage Association (BWMA) and the Director of the Debt Victory America Division of BWMA.  Home Biz Way is part of Debt Victory America.

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