10 Steps to Get Out of Debt

10 Steps to Get Out of Debt

Debt has become a normal part of the modern society. According to a report by Pew Charitable Trust, 8 out of 10 Americans carry debt of some type with mortgages being the most common.

What’s more alarming is that it isn’t just the younger generations who have debt. Many people are carrying their debt into their retirement without a plan to get out of debt in mind.

The Cost of Debt

According to the data from the US Federal Reserve and Census Bureau, along with the findings from NerdWallets’ survey, the average debt in American households is $130,992 which can be further broken […] Read more