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The Impact of Rising Costs of Essential Items on Americans' Financial Well-being /
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2024-05-19 09:58:59

The Impact of Rising Costs of Essential Items on Americans' Financial Well-being on Nostr: Approximately One in Seven Gen Z Credit Card Borrowers Maxed Out, Contributing to ...

Approximately One in Seven Gen Z Credit Card Borrowers Maxed Out, Contributing to Rising Delinquencies
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#ef600a7c ver:0.43

Rising costs of education, housing, and everyday expenses are burdening Gen Z with debt and financial challenges. One in seven Gen Z credit card borrowers have maxed out their cards, contributing to rising delinquencies. Sticky inflation and low incomes are driving up debt levels. Gen Z must establish healthy financial habits to achieve stability. Policymakers and businesses need to address these issues and provide support. #GenZ #Debt #FinancialChallenges #Inflation #CreditCards...

#newstr #GenZ #CreditCards #CreditCardDebt #Delinquencies #FederalReserveBankOfNewYork

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