The Bad News: The Average U.S. Household is Now Bankrupt (Really) As I write this, our federal debt – the sum of many years of annual budget deficits – stands at $16.1 trillion, or about $135,000 per household*. (No, that is not a typo.) As noted in our e-booklet, Wealth is Good, Cash Flow is Better, […]
Posts Tagged ‘interest’
The Impact of our Federal Debt on Your Household’s Net Worth and Cash Flow
November 20th, 2012 
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Posted in Assets, Cash Flow, Debt, Debt Reduction, Liabilities, Net Worth, Retirement, Wealth, Wealth Accumulation 
Tags: bankrupt, cash flow, cash flow navigator, cashflownavigator, credit card, debt, deficit, financial independence, financial life cycle, interest, Keith Whelan, monthly payments, net worth, payment, principal, wealth 
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