Chase has teamed up with The Players Tribune and Business Insider to present Letter to My Younger Self, a series where athletes reflect on their biggest lessons learned from finance to relationships to careers. Readers will also discover how to apply specific financial learnings to their own lives.
By Mai Nguyen
Millions of Americans are struggling with debt. Its a scary metaphor, but not an unfair one: According to the latest statistics from the Federal Reserve, the average credit card balance among indebted households is $16,140, while the average student loan debt is $31,946. And this holiday season, shoppers will spend an average $805.65 on gifts and other seasonal items, according to the National Retail Fe…
Read the full article at: http://www.businessinsider.com.au/schow-to-manage-debt-2016-9