Christmas is just around the corner and everyone is busy bustling and preparing for the season to be jolly. Whereas getting caught up in the frenzy of the holiday season is fun, it’s crucial to look ahead and plan for the New Year. No one wants to ‘wake up’ with a terrible debt hangover after.
Americans carry a lot of debt. In fact, the average household in the country carries a whopping $137,063 in debt. Based on the fact that the median household income is just $59,039, many consumers are probably spending a lot more than they can comfortably afford. I must confess that I’m one of those millions of.