(VIDEO) How Much Debt Do Average People Have?
Ever wondered how much debt people actually have? In this video, I go over the average amount of consumer debt (credit cards, personal loans, and more), car loans, and student loan debt that the average person has in the United States. I also share how much these payments add up to each month for the average person. After committing to getting out of debt, people generally can pay off all of their consumer debt in two years or less. If you're thinking about becoming debt-free and paying off your student loans, car, and beyond this year, you can absolutely do it with discipline, a plan, and committing to changing how you manage your money.
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