March 1, 2022

Pause the plastic

Most Americans possess and increasingly rely on credit cards to pay for items on-demand. They are simple, easy, and quick to use, as evidenced by the fact that the average American household owes $6,270 in credit card debt nowadays, per Federal Reserve research. But without the right discipline, that debt can become problematic.

The experts recommend keeping debt within acceptable limits and exploring ways to manage and pay down your debt so that the financial burden does not become overwhelming. But that begs the question: How much credit card debt is too much? Learn the answer by reading my newest article for, available here.