The average American is now spending more than $1,400 a year on credit cards, mortgages and other consumer debt, according to a new report.
That’s a record.
In a country that was once the envy of the world, we’re spending way more on debt than our fellow citizens.
But we can fix this problem, with a few simple steps.
The American Dream is about the ability to take care of yourself, says Robert Kagan, a senior fellow at the Brookings Institution.
That means being able to pay for your own health care, your own education, your family’s medical expenses and your own retirement.
It’s not a question of being able or willing to pay, Kagan says.
It’s a question about being able and willing to live on your own terms, to pay your bills, pay your mortgage, pay for utilities, pay taxes, pay the bills.
We have to start thinking about the cost of these things, rather than the price tag.
Kagan points out that when you have a mortgage or credit card bill, you’re paying for that service with the money you saved or borrowed from friends and family.
The idea that we can afford to pay those bills is just not true.
When we have a bill or a debt, it’s not the money we’re paying, but the debt itself, says Mark Suster, a managing director at Suster Investments.
The cost of the bills or the debt is what matters, not the price.
Suster points out how we have to think about the value of debt when we have mortgages, credit cards and other forms of debt.
The value of a debt is a number that the borrower puts on a credit card or a mortgage.
It could be a couple hundred dollars or a few hundred thousand dollars.
It has to be a significant amount of money that will allow you to pay down your debt, says Suster.
For example, you might be paying $1 million a year in interest on a $1.9 million mortgage, he says.
You might be in debt to your grandparents, who live far away, and you’d have to pay a significant portion of that interest to pay them.
But in general, the value isn’t a large part of what you pay for a loan.
So if you’re buying a house or a car, the cost is much smaller.
You’re not paying a large amount of interest to make the purchase.
When you’re in debt, you can’t always get out, Kahan says.
For most people, debt makes it harder to pay bills, even though the costs of borrowing and paying interest have dropped significantly over the past 20 years.
So when you’re dealing with credit cards or credit cards that you don’t really have to worry about paying off, you have to get rid of debt and replace it with other types of debt, Kogan says.
The easiest way to get out of debt is to stop paying bills and refinance them, Kyan says.
That would allow you, say, to refinance a $600,000 credit card to $500,000.
It would give you a $250,000 loan to repay.
That’s the easiest way, Kgan says, to get back on track.
But that won’t happen overnight.
If you have credit cards to repay, you may have to wait until the interest rate on your credit card is lower.
But it would be a good idea to start out with a lower interest rate and pay off your debt gradually, Kaku says.
You can also use a credit-card refinancing plan that allows you to use up the balance on your account.
That way, if interest rates start to climb, you’ll be able to refloat your credit cards at a lower rate, Kadan says.
In a way, refinancing allows you more flexibility, Kwan says.
The more you refinance your credit, the more you can afford.
If interest rates continue to climb and you need more money to pay off the debt, refinanced debt can be a way to make up the difference.
“If you’re going to have a large, long-term debt load, you should be doing refinancing to make sure you don