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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Ilaine who wrote (108279)6/12/2001 5:05:51 PM
From: Mark Adams  Read Replies (2) of 436258
 
Some interesting data in the Census- ie 40% of females over 65 live alone...

Number of households data in section 1 Table 60, but it's sketchy. I think I could find a more complete source for number of US households. I wouldn't mind using this data to chart number of people > 30 vs debt- might be some interesting correlations there. Theory being aging households have a greater ability to take on more debt. Still looking at section 14 of the census data. And section 16 looks promising.

In reflecting on the increase of revolving debt as percentage of consumer debt- it is clear that financial institutions are successfully moving people towards higher cost debt, thus increasing their take of the economic pie. Would be interesting to see some specifics of lower rate fixed cost debt being replaced with higher cost revolving debt. Due to the poor level of education on financial matters in school, people don't realize the long term impact of these "transfer payments", IMO.

gregmorriscfp.com

It's going to be awhile before I fully digest what is available at these links (a lifetime? <g>)
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