Are you thinking about kicking your debt to the curb, but aren’t sure where to start?
While spending less than you make really is a simple concept, most people aren’t doing it. Even before the pandemic intensified financial struggles for many, 59% of Americans said they were living paycheck to paycheck.
Americans between the ages of 25 and 56 have an average non-mortgage debt total of $30,065, while the average mortgage debt for homeowners of the same age is $238,750.
So take some comfort in knowing that if you have debt you are not alone, but also know that it is possible to pay it off!