This is good to know and makes me feel a little brighter, but I learned one fact that I found disagreeable. According to the Department of Commerce 0.6 percent of an American's income is disposable. This compares to 10 percent in 1980. The average Joe makes approximately $500 per week, if paid hourly (also according to my almanac). This means Joe can spend $3.00 on himself each week, $12 per month.
People why so many people have credit card debt.
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