Respond with answer as Home Mortgage: ; Auto Loan: ; and Other Loans: . Then read the article at:
http://jitenderjoshi.blogspot.com/2007/01/does-borrowing-spell-panic-for-you.html
The idea is that this will help get the info from other respondents around the world, and get you to think about a general reference point. We need to teach our next generation not to part of the $9Trillion of total US Public Debt that is out there, with $7.6T in Home Mortgage. On an average 2/3rd of the people owe 2/3rd of their home value in Debt.
Please do not take this question a way to pry into personal info since it is not the intent. Thank you.
2007-01-10
06:35:27
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2 answers
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asked by
KKP_Investor
3
in
Business & Finance
➔ Investing