Summary
The number of adults who said their finances were worse compared to a year earlier was 35%. The median rate of interest across all credit cards in the Investopedia database for June 2024 was 24.62%. The number of people who said they couldn't afford to buy a new car was 24%.
When it comes to buying a home, bigger is not necessarily better. Consider the carrying and operating costs of a home before you buy. If you're buying more than you need, you might be burning through money that could have been used to pay off debt.
If you are going to pay off debt with savings, you have to live like you still have a debt to pay. Relying on credit cards can worsen financial difficulties. Overspending on a home can strain monthly budgets due to higher taxes, maintenance costs, repairs and maintenance.
Keep trying. Have an attitude of growth. Keep trying. Don't give up. Have the attitude of growing. Don’t give up on your dreams. Keep going. Have a great day. Keep up the good work. Keep smiling. Keep moving.
