Credit & Debt

Credit can be an effective financial management tool, however absent prudence it can lead to economic bondage, both on an individual level and as a nation. Within a matter of decades America has moved from being World Creditor to World Debtor. Living beyond our means, be it on a personal level or as a nation, should be cause for serious concern. Because when expenses exceed income, it is only a matter of time before overhead leads to downfall.

                                             Roger L. Caron