I was reading an article today about consumer credit card debt and according to the Consumer Federation of America, the average credit card balance per card-holding household is $8,568! Do people really carry this much credit card debt? And obviously, some don't carry any debt, so others would have debt much higher than that. The amount is just astounding to me. We pay our cards off every month. What drives people to run up huge sums of debt at outrages interest rates? Is it as simple as keeping up with the Jones' even though they can't afford to?