National Debt

I’m Miriam Neff and I’m Valerie Neff Hogan with Wise Women Managing Money.

M Our government is setting a bad example on debt.  The average American household carries $137,000 in debt and the median household income was just $59,000.

V The average credit card debt is $5,700 per household.  However, only 38% carry any credit card debt. That means that those who do carry that debt it is a whopping $16,000 per household.  Scripture is clear. Romans 13:8, Let no debt remain outstanding, except the continuing debt of love for one for another, for whoever loves others has fulfilled the law.

M Owe only love.