Household debt is up in 2022, increasing 6.2% from a year ago. According to NerdWallet’s 2021 HouseholdCredit Card Debt Study, American households with debt owe $159,989 on average. This includes credit cards, mortgages, auto payments, student loans, and other household obligations.
- Let Bodnar Financial help you answer questions like these:
- Am I paying off my debt in the most efficient way possible?
- Should I be saving more money, or paying off my debts first?
- How long will it take me to pay off my debt?