Consider this your wake-up call. This episode of Your Money Call with DK Hall digs into new data from the New York Federal Reserve which shows that Americans are trillions of dollars in debt. And delinquency rates are rising. Total consumer debt rose to $17.5 trillion dollars in 2023. Credit card delinquency rates shot up 50% last year, signaling increased financial duress.
Personal finance coach Diane King Hall reviews the data and gives you a prescription for how to dig out, including sites for remote work and side hustle gigs. She also answers a listener question so stick around for the ending!
*This podcast is for educational and information purposes only. The content is not intended to be a substitute for financial or legal advice from your own financial advisor, accountant or attorney.
