mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
It has been a long time (20+years) since I have lived in the northern climes of this country so I have gotten out of touch as to how much it costs to keep the family warm during the winter in these cold areas. I live in south Texas and have no idea what my cost is for winter heating bills, but I do know that it is a whole lot less than my summer A/C bill.
I am amazed that anyone, much less over 10%, of my fellow countrymen are going into debt just to stay warm in the winter. An extra $2k/year would not blow my retirement budget, but it would surely be felt.
Are any of you folks feeling this pinch like the article suggests? Or, is this article overdoing it?
http://finance.yahoo.com/banking-bu...ve-Expect-to-Borrow-to-Heat-Homes-This-Winter
I am amazed that anyone, much less over 10%, of my fellow countrymen are going into debt just to stay warm in the winter. An extra $2k/year would not blow my retirement budget, but it would surely be felt.
Are any of you folks feeling this pinch like the article suggests? Or, is this article overdoing it?
Nearly 12 percent of Americans say they will need to borrow money to pay winter heating bills; 9 percent will need to use credit cards to be able to afford their heating bills.
Residents of those areas could pay a total of $2,012 over the six winter months -- or an average of $353 a month -- to heat their homes through March 2008. That's a 34 percent increase over the previous winter's bills.
http://finance.yahoo.com/banking-bu...ve-Expect-to-Borrow-to-Heat-Homes-This-Winter