I’m listening to a podcast interview where the interviewee keeps claiming that that the average US citizen has $37,000 credit card debt. A quick Google search revealed that it’s actually around $6,000. That’s a big difference. Of cource ‘frictionless’ payments make it easier to get into debt because you’re not physically handing over cash, and they give you your card back after the payment. My personal preference is to save for things I want rather than borrow what I don’t have. That way I don’t need to worry about monthly bills. I was watching the Super/Man documentary yesterday about Christopher Reeves. You don’t know what can happen tomorrow, so it’s good to be prudent.