20/20 - Digging Out of Debt
Did anyone catch last night’s edition of 20/20? The topic was Digging Out of Debt and they interviewed the Petersons, who were living off of their credit cards. They had $60,000 of credit card debt and that’s how they were surviving. They had two houses, time-shares, two cars, etc, but I believe in the end their net worth was ~ $8,000. Anyways, check out the 20/20 interview by clicking here. It's an eye opener.