Tag #Household Debt

Showing 13 to 14 of 14 results

forbes.com
🌐 85% Global Worthiness
News related image

US Household Debt Reaches \$17.94 Trillion: Strategies for Avoiding Further Debt

US household debt has hit \$17.94 trillion, prompting a need for effective debt management strategies including budgeting, emergency funds, and responsible credit card use to improve financial stability.

Progress

24% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
News related image

Canadian Household Interest Payments Decline as Debt-to-Income Ratio Falls

Canadian household interest payments fell 0.6% to $176.9 billion in Q3 2023, the debt-to-income ratio dropped to 1.73, and the savings rate hit a three-year high of 7.1%, suggesting improved financial health despite income inequality and upcoming mortgage resets.

Progress

36% Bias Score

Reduced Inequality

Showing 13 to 14 of 14 results