Are Most People Debt-Free When They Retire?

Published by
Due

I believe that it was Josh Billings, the pen name of 19th-century American humorist Henry Wheeler Shaw, who once proclaimed, “ Debt is like any other trap, easy enough to get into, but hard enough to get out of.” Managing debt is a challenge many of us face. ‌According to the Federal Reserve Bank of New York’s quarterly report on household debt and credit, household debt totaled $15.58 trillion in the fourth quarter of 2021, an increase of $340 billion. That brings the total debt balance to $1.02 trillion more than it was at the end of 2020. Still, getting out of debt is no easy task. It requi…

Read More

See also  ‘GOVT SHOULD SET-UP VACCINATION POINTS IN MARKETS, MALLS, WORSHIP CENTRES, ETC’

Leave a Reply