1 Jan 2025 7:11 pm
A lot of people did.murdock » 01 Jan 2025, 7:30 pm » wrote: ↑ Funny I never noticed that and we are far from rich. We never had to.
Americans continue to rack up credit card debt, hitting a record $1.14 trillion - CBS News
The high tally comes amid concerns of an economic downturn triggered by modestly rising unemployment, and as soaring costs in food, housing and auto rates continue to drain household budgets. Americans have increasingly been relying on credit cards to make ends meet, with 6 in 10 adults, or 60%, using credit cards to buy groceries in 2023, according to a May report by the Urban Institute.