Hi hawkersRather than how much debt, it is more their ability to...

Hi hawkers

Rather than how much debt, it is more their ability to pay it off and survive if interest rates went to 10% and one of them lost their job

Have a little chat with your friends and find out if ANY of them have money in the bank

Most people regardless of their income live hand to mouth so regardless of their level of debt they could not survive more than two weeks if they lost their job/s

Just think that if you were up against it, who do you know that you could get a quick loan of, say $25,000 ??

You will be surprised how badly off the majority of people are.