If you want information about how much every individual in American ‘owes’ – log on.
One of the additional pieces of data is the state debt clock. Just click on your state and you will learn the current population of the state along with the somewhat harrowing information about the ‘debt per citizen’ – that’s right, how much each resident of the state ‘owes’ in debt.
As an example, at the time of this writing, Colorado had a population of approximately 5,770,672 and a ‘debt per citizen’ of $8,419. But compare that to the debt per citizen data for New York, at over $19,000 (as per the debt clock)
If you want to have some fun, watch the federal debt clock spin to adjust itself…with alarming frequency!
But personal debt is no laughing matter. It can derail the best retirement plans. Log onto my website for articles about debt; how to avoid it; how to manage it and how to reduce it.
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