While Goldman Sacs hands out millions in bonuses...many are struggling to heat their homes....
From the article...
For perhaps as many as 27 million American adults, keeping warm this winter will mean borrowing money and 20 million will use credit cards to be able to afford their heating bills, according to a CreditCards.com poll.
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.
According to the Energy Information Administration (EIA), the federal agency that collects and distributes data on energy use and expenditures, heating costs between October 2007 and March 2008 are expected to spike by nearly 10 percent for the average U.S. household.
Folks 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-budgeting/article/104038/One-in-Five-Expect-to-Borrow-to-Heat-Homes-This-Winter