How Does Your Debt Compare?

by James & Miel on April 27, 2009 · 0 comments

Hi All,

If you want to kill some time today, consider surfing over to the NY Time’s website. They have a nifty little calculator that lets you compare your debt to a sample of 92 households from 2004.

I plugged in the value of our first mortgage ($285,000) and saw that our mortgage alone means my wife I have more debt than most of the country. Yikes! We better concentrate on living frugally so we can pay it down!

Enjoy! The link is here.

Best,

James

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