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Roughly 62% of American adults live paycheck to paycheck, but it's not only those with lower incomes who struggle financially. Many high-earners are also in a similar situation. The problem is, when.
the past year. over the past year, we have seen credit card rates rising, interest rates rising but inflation has not come down meaningfully. medical costs, retirement? what are people most concerned about? it s a connection. broadly speaking, more specifically, day-to-day expenses seem to be the biggest worry. so, really, my advice here would be start to make a plan. i think that s step one towards starting to feel better about this. because these are persistent worries. a lot of these people are worried every single day. i definitely emphasize with that. maybe get a zero percent balance transfer card. have money automatically transferred into your savings or retirement accounts. i know it s easier said than done, but i do think starting to move in the right direction will help knocking out that debt, building that savings. just chipping away at it day by
some store credit cards have processed had 30% threshold whereas the national average for all cards is more like 20%. it really just calls to mind that it is so important to pay these credit card bills in full if you can. about half of cardholders do. if you have debt, get a 0% balance transfer card. don t worry about rewards for now because you don t want to pay 20% in interest just to get 2% cash back or airline miles. if you have debt, put that interest rate first. yeah, interest rates are probably going to keep rising. so that means that it will cost more money to borrow. be careful everybody about those credit cards. ted, thank you. nice to see you. all right. eli lilly lowering the price of the most commonly used insulin by 70%, this will cap out of pocket for $35 for people with private insurance. insulin is relatively inexpensive to make but the cost has been a problem. the cdc says more than 16% of