We’re drowning in credit card debt
Today, Explained
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The Debt Dilemma: Understanding Credit Card Challenges
This chapter examines the troubling rise in credit card debt, marked by soaring interest rates and misconceptions around payment practices. It shares personal stories, particularly focusing on the struggles of younger generations like Gen Z, as they navigate financial instability and the pressures of credit dependence. The discussion highlights the need for financial literacy and the societal impacts of managing credit in today's economy.
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