Are you being bamboozled by big banking?

According to Nerdwallet.com the average American consumer accrues $1,000 over the course of a decade and right now I know some of you are shaking your heads while others of you are nodding understandably . I’ll explain to you why there’s such a riff in between those who tend have overdrawn and transaction fees and those who don’t. The reason is because according to Nerdwallet only a whopping 18% of us are racking up this staggering debt. Out of shear curiosity I decided to run the numbers(u.s. census bureau) there are approximately 332,915,073 people living in North America 18% of that is 59924713 If we times that by 100 because when know that’s approximately how much the average person pays per year that leave us with a grand total of five billion nine hundred seventy-four million eighty-seven thousand four hundred ten dollars per year. Now there is something to be said for not hiding your money under your mattress but I think that $100 might have a better life in the S&P 500. Make what choices suit your life the best but as for me I like my dollars to make sense.

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