See Jane Get Rich

A Personal Finance Blog
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    February 2nd, 2010seejanegetrichCredit, Family, PF Lessons, debt

    September    

    In September, I was talking to Bum about money when Bum just happen to mention Bum has some money on Bum’s credit card that needs to be paid off.

    WaitHold up.  Did you just say credit card debt?  Whaaaaaatttttt?

    I was blown away.  Bum is not someone I would think of when I think of the stereotypical person with credit card debt.  Bum doesn’t go shopping that much.  Bum eats out once in a while.  Bum’s biggest purchase most recently was a new hybrid paid in full through a HELOC.   Bum makes very good money.  But, Bum has two children who was still relying on Bum for help. 

    So, my next question was: What exactly is all this credit card debt from, Bum?

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