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Debt in America Flat Broke and Borrowing

Robert Kiyosaki Video Page
Robert Kiyosaki Video Page Robert Kiyosaki Video Page
Robert Kiyosaki Video Page

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.

Channel: Howto & Style
Uploaded: November 30, 1999 at 12:00 am
Author: MavinOfSavin

Length: 04:32
Rating: 4.81
Views: 18746


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Video Comments

ilovety65 (November 30, 1999 at 12:00 am)
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....
modernlifechews (November 30, 1999 at 12:00 am)
I think I may be stingier than this family. I think even 20 cents is too much for a pack of Ramen noodles.
xgalba00 (November 30, 1999 at 12:00 am)
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.
markmillionaire (November 30, 1999 at 12:00 am)
WOW, Awesome VideoKeep The QUALITY Coming
Jibbie49 (November 30, 1999 at 12:00 am)
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.
agentmuller80 (November 30, 1999 at 12:00 am)
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.
Thunderhouse2 (November 30, 1999 at 12:00 am)
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.
cowboycarl04 (November 30, 1999 at 12:00 am)
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...
kmcl11 (November 30, 1999 at 12:00 am)
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.
eandatoo (November 30, 1999 at 12:00 am)
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.

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