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Don't Fall for This Myth About Childfree Finances

The Motley Fool

I've been in this community for long enough to know that childfree finances are as varied as childfree people ourselves. I rebuilt my finances from the ground up over the last few years. Thanks to increasing my income, I was able to pay off debt and build up real savings for the first time in my life.

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This Generation Has the Most Credit Card Debt -- It Might Surprise You

The Motley Fool

Image source: Getty Images Credit card debt can be more expensive than most other types of debt. That's why a credit card balance can be so harmful to your finances. That said, one generation owes more credit card debt than others. It's hard enough to manage debt payments when you're working and earning a paycheck.

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You Won't Believe How Much Credit Card Debt the Average American Has

The Motley Fool

These can add up fast, resulting in costly credit card debt. Unfortunately, credit card debt is a growing problem for many Americans. Let's explore how much credit card debt the average American has and discuss the best strategies to tackle this type of debt. Unsurprisingly, many Americans have debt.

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A Lawyer Shows You How to Negotiate Down Your Debts With Creditors

The Motley Fool

It was a satisfying profession because my clients had gotten in over their heads for one reason or another (lost a job, illness, or something else) and my job was to help them get out of debt and breathe a little easier. Second, you will need a lump sum of money ready to pay off the debts. Most creditors would get nothing in that case.

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The Average American Has This Much Credit Card Debt. How Does Yours Compare?

The Motley Fool

Image source: Getty Images It's a pretty common thing for people to have debt, whether it's loans incurred in the course of getting a degree or a mortgage to finance a house. But there's a big difference between installment loans with a fixed interest rate and monthly payments vs. credit card debt. Now it's easy to see why.

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You Won't Believe How Much Debt the Average American Has

The Motley Fool

Unfortunately, many Americans have significant debt, which continues to grow. It may shock you to know how much debt the average American has. To better understand the problem, let's review some debt stats. I'll share some tips on what you can do to eliminate your debt sooner. Census Bureau. trillion since 2020.

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If I Could Only Make One Move to Improve My Finances in 2025, This Would Be It

The Motley Fool

Image source: Getty Images One of the most common New Year's resolutions people set is to improve their finances. Your credit affects all aspects of your financial life If you're only going to do one thing to improve your finances in 2025, I suggest setting a goal to improve your credit score as much as possible.

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