The Younger You Are, The More Likely You’re Getting Over Your Head In Debt

The Younger You Are, The More Likely You’re Getting Over Your Head In Debt

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Inflation has taken a bite out of the wallets of everyone in the U.S., with savings rates down and credit card usage up. This is more than an inconvenience. It is the stuff of future catastrophe, given how heavily GDP depends on consumer spending. As of the fourth quarter of 2022, household debt…

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