The United States saw its collective credit card debt soar past $1 trillion in 2024. That's a whopping figure, but here's the twist: Americans are feeling optimistic about paying it down in 2025! 💪
With the median U.S. credit card debt hitting nearly $6,000 per household, it tops the charts globally—more than double that of Japan, which holds second place. But a new survey reveals that reducing personal debt has become a top financial goal for many Americans in the upcoming year.
\"We're rolling up our sleeves and getting ready to tackle this challenge head-on,\" says Sarah Johnson, a 28-year-old entrepreneur from New York. \"2025 is the year we take control of our finances!\" 🌟
The survey highlights a shift in mindset, especially among young professionals and students who are eager to break free from the debt cycle. Whether it's through budgeting apps, side hustles, or savvy investing, they're exploring all avenues to achieve financial freedom.
This wave of financial determination isn't just about numbers—it's about empowerment. As Jake Martinez, a recent college graduate, puts it: \"Paying down debt isn't just paying off bills; it's investing in our future.\" 🚀
So, as 2025 approaches, the energy is palpable. Americans are ready to swipe left on debt and swipe right on prosperity! 💰✨
Reference(s):
cgtn.com
