Money Made EasyMoney Made Easy

"According to the latest Quarterly Report on Household Debt and Credit, total household debt increased by $286 billion (1.9%) to $15.24 trillion in the third quarter of 2021, mortgage balances--the largest component of household debt--rose by $230 billion. Auto loans increased by $28 billion, student loan balances grew by $14 billion, coinciding with the start of an academic year, credit card balances increased in the third quarter by $17 billion, after an increase of the same size in the second quarter, and non-housing balances grew by $61 billion, with gains across all debt types (newyorkfed.org) Baggerly shares how she and her partner paid off more than 100k worth of financial debt, offering a strategy to households who have a very high percentage of debt and need to find a way out of it"--