Money troubles are surprisingly common among Americans – more than half of Americans regret not saving more money for later in life and of those, most regret underfunding their retirement accounts, emergency funds, and the money toward the education of their children. As of 2020, American total household debt reached a new high as Americans across the country now owe a total of over $14 trillion. $1.64 trillion dollars of that amount owed is student loans – an average of nearly $30,000 per graduate. Another $1 trillion of this debt is from credit card debt – the pandemic isn’t helping
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