Quote:
Originally Posted by KootenayFlamesFan
I'd like to see some more data concerning this claim. I've seen it before, but not sure if it's because it's self-inflicted.
I have a co-worker that makes enough money where he should live comfortably. But he and his wife spend money like drunken sailors, make terrible decisions buying large items that they shouldn't. Max out their credit cards purchasing things online just because they are on sale and a great deal.
I think a lot of our society spends far beyond their means, hence, they have to live paycheck to paycheck. Not because they can't find jobs or can only find low paying jobs, but rather because they are so horrible managing their money. I'm not going to pin that one on our government.
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I think the number was 47%. I saw it on the internet so it must be true LOL.
I think a lot of people have taken their cue from the Federal Government, as far as spending is concerned.