Debt in America Flat Broke and Borrowing

Uploaded by: MavinOfSavin
Video Description:
The mysterious missing clip from the 20/20 special featuring AmericasCheapestFamily.com. ABC wouldn't post this on their web site, wouldn't write about it, but it's here for the world to see. Contrasts the debt riddled Peterson family with America's Cheapest Family.

Tags for this video: america's best Borrow Cards cheapest Credit Debt family new seller times york

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Ya, Lol. Apparently ... ( 1 year ago by Mechman064)

Ya, Lol. Apparently it's easier to be become debt free than it is to spell it. My bad : )

buying all that ... ( 11 months ago by blackberryjuice1)

buying all that processed food crap, yeah might be a little cheaper with coupons but their doctors bills will catch up with them. Buy organic produce, it may be more expensive in the short term but what is your health worth??? Some things you really shouldn't be cheap with. Support local organic farmers!

spend a little more ... ( 11 months ago by blackberryjuice1)

spend a little more on organic produce and eat a plant-based diet, and you could send those drug bills down to $0/month.

We grow our own ... ( 11 months ago by hisjedi)

We grow our own organic food and buy organic meat. We're healthy.

I started FLAT ... ( 11 months ago by 23JamesDaKing23)

I started FLAT BROKE, now im poppin rubber bands

same as the golden ... ( 11 months ago by tonjg)

same as the golden rule outlined in the video. If you haven't got the money for it, don't buy it. So simple.

i agree...invest in ... ( 11 months ago by adeart72)

i agree...invest in your health more than movies, expensive clothes and appliances...

Good for you! I'm ... ( 10 months ago by moonrice555)

Good for you! I'm not knocking marriage here, but do you realize how many guys out there do the wife and kid thing because society SAYS you are supposed to? What about what YOU want? It's so crazy, we are so obsessed with what others think about us over here, to the point of sacrificing our own happiness.

Yeah, but you know ... ( 10 months ago by moonrice555)

Yeah, but you know I think it's deeper than that. I think that, once we realize that having all that "crap" won't make us happy anyway, then we won't feel the pressure to buy it.

People these days ... ( 10 months ago by moonrice555)

People these days could NOT live through a Depression. We're too addicted to our shiny toys.

We ARE keeping up ... ( 10 months ago by moonrice555)

We ARE keeping up with the Jonses. The Joneses are up to their ass in debt and so are most of us.

the only ones who ... ( 9 months ago by dan020350)

the only ones who will not be broke are the ones in power. the ones who run the gov't will never be broke because they will demand absurd taxes and fines

I follow the same ... ( 9 months ago by eandatoo)

I follow the same philosophy as the "cheap family" - if you don't have the money, you don't need it. No one should be shamed into buying shiny toys just to keep up with the Joneses. People are so conditioned by this culture of gross consumerism. It's making us all fat and soft.

If they can take ... ( 8 months ago by kmcl11)

If they can take care of 5 kids, then a family with 2 kids should have less of a problem, providing they make smart choices for food and clothes. Most women today dont have 5 kids.

it amazes me... if ... ( 8 months ago by cowboycarl04)

it amazes me... if anyone is "saving" money... I would suggest gold, silver, the euro, oil... things that have value... our US dollar has no value to turn in since 1933... it's paper and not a substitute for gold...

We need to realise ... ( 8 months ago by Thunderhouse2)

We need to realise what is truely important. Self-devellopement and happiness.
I pray every day that a big depression takes place and that the people will take back the power from the corporations and political elites that rule our society and enslave us!
Money and accumulation of stuff just to get valued by a society that bases your own value of the things you possess. It's sick!
We need to fight that logic of never ending consumerism by being self-sufficient and independant.

I live in the U.S ... ( 6 months ago by agentmuller80)

I live in the U.S and I can say from watching a lot of these dumb people. They buy candy bars with a credit card. They live on debt and use one credit card to pay another. All the people you see in fancy cars are drowning in debt, with the exception of a few who actually have the means. People in the US are just spoiled and for the most part FAT! I dont fit in in US because I am in shape and pay in cah for my things.

I have 5 children, ... ( 5 months ago by Jibbie49)

I have 5 children, ages 33, 24, 20, 19, and 17. We've been able to have them, because I was always frugal. They will all have a college education, too. The oldest has an MBA and the second one is applying to medical school now after getting a degree in Biomedical Engineering.

WOW, Awesome Video ... ( 4 months ago by markmillionaire)

WOW, Awesome Video
Keep The QUALITY Coming

I don't think ... ( 4 months ago by xgalba00)

I don't think loading fridge with cheap turkies is the best solution. Meat is much more expensive then beans for example. Eating meat every day is not needed.

I think I may be ... ( 3 months ago by modernlifechews)

I think I may be stingier than this family. I think even 20 cents is too much for a pack of Ramen noodles.

me too!i don;t fit ... ( 3 months ago by ilovety65)

me too!i don;t fit here and living in belize was so much better!i go into culture shock every time i enter the us after being in a 3rd world country.we take so much for granted....

their name is not ... ( 1 month ago by fifthavenuegirl)

their name is not really economomedis is it???

best is not eat ... ( 4 days ago by henkway)

best is not eat meat. meat polutes the world
and sell the big fridge, canned food tastes goodalso

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