Archive for November 13, 2014
Unfortunately, debt is something we all have in one way, shape, or form. Whether it’s credit card debt, medical bills, or infamous student loan debt, American consumers owe a staggering $111.13 trillion in debt with numbers continuing to rise at alarming rate; $75 million per hour according to recent CBS news reports.
Undoubtedly, the Great Recession of the mid-2000′s hit American consumers hard. Thousands of people lost their career, homes, and savings. Though the economy has since shown strong signs of improvement and growth, six years later, many Americans are still coping with post-recession challenges. However, similar to Pandora’s box, some good did come out of the recession. Americans are truly resili