Millions of Americans are feeling the financial sting as credit card debt reaches record highs.
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Original source (ABC/Youtube)
Bidenomics
If you cant pay your credit cards off each month do not use them !
I’m here to help… if you’re open minded. I’ve never bought a car off the lot or got myself into monthly debt like credit cards or school loans. Ofcourse I have car insurance, rent, phone bill, cable/internet bill, utilities, things that we all pay for. At first I didn’t have much more than 200 to save each check but I SAVED IT. Stayed in a house that was NOT WHERE I WANTED TO BE for 4-5 years because it was cheaper than other places which allowed me to save. Each year your income goes up so you are able to save more and more each year especially if you apply to higher paying jobs once you get more experience. You have to live below your means for a while though and save your money. Before you know it you will be able to save 400 each paycheck or almost $1000 per month which pretty much allows you to buy anything you want whenever because next month you will still be saving $1000 again so it’s not that big of a deal.
I burned myself with CC debt when I was young. Now I refuse to use a credit card unless I can pay it off immediately and I only use to earn airline points.
Oh wow the "experts" are trying to figure it out. So clueless and out of touch with the average American. Or do they think that we are stupid? Probably both.
prices across the board on everything is over inflated. Gas, food, rents, basic items…. i have stopped buying many things because of the inflated price. 😢
And they keep saying raising children isn't expensive…lol
Bidenomics…. Mexico… Egypt… to hike it’s all the same…
With credit card spending in 13yrs, I have never paid any interest fee. Just Pay Your All Balance, No Minimum Pay.
It also helps you to build up your credit score to 800+
adult children! lol. if ur supporting your adult children then u failed as a parent!! very sad
Aquaphor costs over 18.00
"Unemployment is low.." Yeah but people are working MULTIPLE JOBS and still not meeting basic needs. That is a big problem. I don't see that as a "healthy economy".
When everything goes up about 20% but your wages stay the same it is not a mystery why people are struggling.
Decades of Reaganomics has decimated the middle class and put the tax burden on the productive workers income instead of wealth hoarding future oligarchs.
The lack of financial education is the problem.
Just like the media useless vague information.
Price's are outrageous at supermarket's.
i don't blame people for stealing food.
christian america is a political sacriligious theocracy
sacriigious becas the stakes are set so high by the church they are impossible to reach
its not at all realistic
its superficial
now the govt is addicted to crime
to turning americans into criminals
high prices create theft by those with out and those with in as well
corporate thieves
americans might not look at credit card debt as thievery
how ever unpaid debt is stealing
its a crime
its the amwrican way
imagine if your enraged debt collectors appeared out of no where at your door step demanding full payment
demanding what is theirs
it would be hell on earth of course
americans are shielded from this awful dynamic by carefully crafted laws
the banks survive this huge loss becas the rules are so skewed in theie favor so they can recoup the loss
this is where we are a high stake lenders scheme of madness
americans did not create this scheme its thrust upon them
no escaping from borrowing money
most would rather pay as they go and keep the tallly sheet in a continual state of balance
how ever the wealthy have an unbelievable addiction to creating crime its really insane
who can understand their madness
according to them americans are born sinners that is criminals
and you better believe that's how they are going to keep it
it really baffles the human mind to bother to parse out their incentives for their addiction
what greek roman or ancient philosopher reflected into this and tasked themselves to pass on an account for us to mull over
in an explicit way
none none not one
this is where we are
a nation of criminals born sinners
not good
The elites just can't understand why people are pissed housing doubled in 2 years.
I never owned a credit card and Im 35, No debt of any kind either or loans of any kind.
Why are these people giggling so much about this situation?? This is all very grim. People are struggling.