Personal Finance Stats | Emergency Savings, Credit Card Debt, Financial Literacy

Sources:

Follow me on TikTok: @debtoverit

💰 Venmo: @DebtOverIt

________________________________________________________________________

*ACCOUNT BONUSES*

Earn .25% cash bonus over 3 months

Open an account, set up and receive direct deposit and earn $50

75,000 bonus miles after spending $4,000 in first 3 months
Unlimited 2X miles

Earn $100 after making a purchase in your first 3 months

💳 Upgrade Card
Earn $200 after spending $500 and making 3 on-time payments

💳 Chase Freedom Flex:
Earn $200 after spending $500 in first 3 months
5% cash back on gas and groceries for 1 year
No annual fee

60,000 bonus points after spending $4K in first 3 months

20,000 miles after spending $500 in first 3 months
1.25 miles per $1 spent
No annual fee

*SAVE MONEY*

*MAKE MONEY*

🌟Fetch app: Use my code EJH9Y for 2,000 points
🌟Upside (gas): LEILA95286

*SIDE HUSTLE RESOURCES*

Get 3 months free + 75% off your first year

____________________________________________________________________

CHECK OUT MY BLOG:

*The links above may be affiliate links. This just means that if you make a purchase through one of the links, I make a small commission at no extra cost to you. I appreciate the support!

DISCLAIMER: I am not an expert or a financial advisor. I simply love talking about finances and want to share my journey to financial freedom and help others along the way!

[ventureswithvee]

These stats really how important financial literacy is. Thanks for sharing!

[ronettemalone]

Mississippi also has the highest percent of homeowners that are mortgage free. Interesting.

[xoxoalexisrenee]

omg thank you for sharing about the Sequin debit card!

[whothou]

Well all major banks except Capital one!

(For some reason it just seems to be them that are offering a competitive APY out of other big brick and mortar banks).

Then again Capital One seems to be pretty aggressive with gaining market share.

- High APY
- Venture X
- New Cafes and Lounge openings
- Buying up Discover

[singleparentfire]

I live in New York City and I wasn’t shock to see that we had one of the highest credit card debt. NYC is hella expensive and therefore people live above their means through credit card debt.

Also I agree with you on the importance of women learning about finances. I CRINGE every time I hear a female say “my husband/boyfriend handles all the finances” 🙄

[lindadorman]

I am forever grateful to my parents who taught me to focus on my own goals and performance above all else. I'm 63yo and remember a time when women could not get a mortgage or credit card in their own name, and could not get a job, open a bank account, buy a car or rent an apartment without the written permission of their husband or father. I also remember when loan interest rates were 14% and higher. People don't realize how good they have it now.

[robertmorris]

This is a very interesting video, Leila.

[MsAlexisMac]

Re women saving - I think another point is it’s just more expensive to be a woman. In addition to things that have the “pink tax” - all of the categories that you spoke of with the card are more expensive - men just don’t do their nails, have facials etc.

[justicewilson]

6:38 the context behind women in the past not being able to have credit unless they had a male cosigner was because a man was legally obligated to pay the debt of his wife. So if a woman racks up 100k in debt, her husband was responsible for it. So a man would have a vested interest in his wife's personal finances, knowing that it would be up to him to bail her out.

[NoParking]

Think of credit card debt as a percentage of income. The top 5 states with highest credit card debt are affluent while the lowest 5 are not. For affluent folks, a few thousand on the credit card doesn't have much impact. It may even be revolving debt thats paid off in whole every month.

[belengauto]

Women stress more about money because in my experience mothers prioritize more the family or kids expenses. They rarely spend money on themselves, moms spend more money on their children than men do. My experience.

[chrisholmes]

So you make a video about how bad credit card debt is right now but then promote more credit card spending…. Cool.

[catinhat]

The economy is terrible. Thanks for sharing this important info