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The Monterey County Herald has taken a look at the consequences of credit card debt and found, like we have, that surveys clearly show that high credit card balances are a leading cause of divorce. Whether this is because the spouse knows or whether it is done behind the other’s back. The article comments on the nature of the jewelry industry by saying that “The jewelry industry will tell you the rule of thumb is to spend two months’ salary for an engagement ring. That’s fine if you’ve got two months’ salary lying around. If not, common sense tells you that going deep into debt isn’t the way to begin a marriage”. Unfortunately, we are seeing a lack of common sense in a huge percentage of people who happily go into debt, not knowing what they are really getting themselves into. Leave your own comment |
Other World Wide Warnings
Aspartame : Artificial sweetener or poison? Big Brother : Who is really watching us? Big Pharma: Pain, pills and scandals Debt : All about credit, debt, and banking Global Warming : Science or scam? GMO : Genetic Manipulation and engineering Goji Juice : Another Pyramid Scam? ID Theft : A Modern Epidemic Jobs : Where is yours and where is it going? Malpractice : Mistakes or crimes? Mangosteen/Xango : A cure-all scam? Noni Juice : Pyramid scheme, an MLM cure? RFID : Electronically invading your privacy Security : In the digital age Splenda : Sucralose sweetener or poison? Thimerosal : The mercury based preservative |
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