Debt and generational money cycles: How this debt relief group suggests getting your coins together – Reckon

Whether tucking cash under the mattress or hiding bills under mountains of more bills, each seen and unseen financial decision has the power to create generational money cycles.

Generational money cycles impact everything from debt to mental health which is why groups like National Debt Relief, an accredited consolidation debt company, work to help people get out from under the burden of debt.

A 2023 Bad Money Habits survey by the National Debt Relief found that respondents parents inspire 48 percent of their money habits. These money habits have the ability to spill into a cycle of financial decisions impacting the lives of…

Read the full article at: https://www.reckon.news/justice/2024/05/debt-and-generational-money-cycles-how-this-debt-relief-group-suggests-getting-your-coins-together.html