Ron gets a no-prize with a special 0% financing rate for bringing us the "truth" about credit card debt:

You’ve probably heard that the average American carries more than $9,000 in credit card debt.

It’s a figure frequently cited by politicians, journalists and pundits as a sure sign of (take your pick) moral decline, consumer gullibility and/or impending economic collapse.

Here's the thing: The statistic is wrong.

Wrong in a good way, since (according to the article) the median consumer credit card debt is more like $2,200, where it exists at all.

We've been consumer debt-free ever since we refinanced our house. We had a pretty decent amount of debt before that, especially if you count our car, but it never approached the levels I often hear about on news programs. Looks like we weren't alone.