"Wilbur Hubbard" wrote in
message ...
In the thread, "the average boat owning idiot,"
I proved how stupid I am.

Yulp.



Most of the replies demonstrated how pathetic the average
American is
when it comes to understanding finances. Is it any wonder
the average
credit card debt load, for instance, is close to ten
grand. And, on this
ten grand the typical idiot is paying 23% interest or
more.


I have $135k credit card debt, and I'm paying 0% on it.


Then, when you factor in mortgage debt, automobile debt,
unnecessary toy
(boats, motorcycles, high end electronics, etc. debt into
the equation
you will find the average American household is in debt to
the tune more
than ten years worth of their income.


Boat, motorcycles(5), cars, truck, house, dog...all paid
for.


SBV