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Americans increasingly pulled out their creditcards to pay for a whole slew of more-expensive goods and services, which resulted in the biggest surge in creditcard debt in more than 20 years. As you think about your personal finances heading into 2023, creditcard debt should be top of mind.
The same study from Debt.com found that one in three creditcard holders in the U.S. have maxed out their creditcards to cover expenses due to inflation. In 2023, the average age to buy a home leapt to 36—the oldest age on record and three years older than in 2021. While the average age in the U.S.
started making clever money literacy videos during COVID-19’s delta wave in 2021. These offhanded comments led Spangler to the realization that “nobody really knows about money,” so she decided to share bits of financial literacy, such as how to negotiate a hospital bill and set up your 401(k) at work. Jessica Spangler , Pharm.
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