"It is a place many Americans find themselves today. The average - TopicsExpress

"It is a place many Americans find themselves today. The average American family carries about $16,000 in credit card debt — a number that’s still on the rise. “It doesn’t seem like we learned very much in the credit crunch,” said personal finance expert John Ulzheimer. Ulzheimer said it is not extravagance that is getting people in financial trouble today. For many, it is just trying to stay afloat. “They’re buying diapers. They’re buying groceries. They’re buying things they need to survive,” Ulzheimer said."

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