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Paycheck Struggle and Rising Debt
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101 Simple Ways to Lower Living Expenses
101 Ways to Lower Living Expenses
Black Americans' Success Despite Financi...
Workplace Financial Wellness Empowerment
Overview
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62% of Americans are living paycheck to paycheck, with credit card debt at a record high and holiday spending on the rise. Revolving credit card debt causes financial distress, exacerbated by inflation and rising interest rates.
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How might the increasing credit card debt impact the overall economy?
In what ways could the Federal Reserve's approach to addressing inflation and rising interest rates affect the financial situation of Americans?
What measures can individuals and financial institutions take to address the financial distress caused by revolving credit card debt?
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