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GettyThis story is part of a series in support of America Saves Week 2021. Since 2007, this initiative has provided a call to action for U.S. consumers to save intentionally. Todays theme is: Save by Reducing Debt.
Theres no question that 2020 was a difficult year for most. And for those who lost their jobs or saw their wages reduced, it added financial strain to an already challenging time. By the third quarter of 2020, the average American had debt of $5,315 on their credit cards, according to Experian, one of the three major credit reporting bureaus. In addition to credit cards…
Read the full article at: https://www.forbes.com/advisor/credit-cards/steps-to-take-to-save-more-and-reduce-debt/