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The Ugly Truth About Credit Cards

December 16th, 2009 Michelle Woodard No comments

LIE: It’s my fault I’m in so much credit card debt.

TRUTH: The truth is, the system is designed to put us in debt. The system relies on us being in debt. Who remembers the stimulus plan? Does anyone also remember the point of the stimulus plan? I can tell you right off the top of my head, the point was NOT to get you to put that money into a savings account for the future. I can tell you right off the top of my head that the point was to get you to spend that money on TVs and cars and clothes and other junks you don’t really need.

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