<p>The OP is complaining about 90% of the Americans who have debt, any kind of debt, and 90% of the Americans who cannot pay their bills, regardless of why they can’t pay their bills.</p>
<p>
</p>
<p>From his “statistic,” he is assuming that 90% of the people in debt or who can’t pay their bills are people who are overspending. </p>
<p>Tone matters, and the tone in the original post, and even in the thread title, is sneering and self-congratulatory. Self-congratulatory without any real experience in handling adult financial responsibilities, at that.</p>
<p>Sure, some people overspend. Some don’t, and still end up in serious financial straits. Yet, the OP assumes that those who can’t pay their bills or who are in debt (for whatever reason – mortgage, car, education loans) are overspenders.</p>
<p>I’m in debt – I have a mortgage. Thus, according to the OP, I have a 90% chance of being an overspender. Oh, my, the horror, the horror.</p>
<p>The OP should do real research instead of getting his “information” from the Suze Orman show.</p>