Tag Archives: quality of life

Live debt-free: How Bad is Household Debt Really?

I mentioned in a previous post that Canadians and Americans spend about $1.64 for every dollar they earn. The biggest expense is housing, followed by student loans, car loans, furniture, vacation, and everything in-between. Here are some interesting contributing factors. According to The Economist’s article of June 2013, ” . . . household debt for […]

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