And here I thought Americans were financially broke, out of work, destitute, struggling.
Not according to this info graphic from Fast Company.
According to figures from the U.S. Department of Commerce, in January of 2010, we spent $12 billion more than what we earned in December. Obviously, all the warnings about credit card usage and concerns about debt fell on deaf ears. Or, maybe we just assume that the government will continue to just print more money for us.
If you wish to find true financial freedom and success, you must determine to not spend more than you make. Tough to do, but critical if you hope to find long-term release from the stress of money crisis.
At least Fast Company puts a positive spin on it.