I agree. He's getting beat up in some quarters, but the culture of debt is real.
One factoid I've dropped elsewhere:
"Plenty of people are already borrowing from their 401(k) retirement accounts. The most recent industry surveys show that about 20 to 25 percent of eligible employees have outstanding loans."
I agree. He's getting beat up in some quarters, but the culture of debt is real.
ReplyDeleteOne factoid I've dropped elsewhere:
"Plenty of people are already borrowing from their 401(k) retirement accounts. The most recent industry surveys show that about 20 to 25 percent of eligible employees have outstanding loans."
http://www.nytimes.com/2008/07/05/business/yourmoney/05money.html