Do You Have More Debt Than the Average American?

About this episode:
Do you find yourself playing the comparison game when it comes to your money? Well, in this episode, I'm going to show you a smarter way to measure your financial success that’ll get you on your way to winning with money.

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[OlgaBrynda]

Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly.

[DoubleMaduagwu]

I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

[RodhamHartwin]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Stewart.

[Michelleyoung-dqzc]

Well explained. Thanks for bringing up the video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject…

[tridoc]

Great video, especially when you activated everyone’s Siri😂

[charliecampbell]

I'm debt free and fill my bathtub with marshmallows now. Best sleep I ever got.

[bigcahuna]

I have about $1, 200 in C/C debt (non-interest bearing since I pay the entire balance off each month) and $73K left on my mortgage. That's it.

[debocknolan]

Staying abreast of the latest trends and strategies is crucial for traders to stay ahead and make well-informed decisions. Beginners in trading and investing must recognize that success in these fields demands technical analysis, emotional maturity, and self-discipline. Thanks to Monica Lisa Payne insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!

[TheMattis]

This is a bad link. I have the Every Budget Dollar account already but the link didn’t give me the option to calculate my net worth. Only to do my monthly budget

[OscarSchneegans]

Sell the horse! It doesn't even know your name!

[alexsteven.m]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[mbnesbitt]

Jerome Powell literally said it on 60 minutes (maybe indirectly but anyone watching this gets it). Let's keep that aside. Everyone should have BTC in their portfolio.

[xlerb]

Well I didn't do well at all in that comparison. Zeros across the board for me in the debt categories. But I have to say on the comment of student loan debt delaying activities such as buying a house/car, in my case not going to university and not having modest student debt would have delayed those and other activities way, way, longer :)

[JoeySmith]

I feel so left out. 29 with no credit card debt, no student loan debt, and no car loan. Why can’t I be normal? 😢

[smokenchoken]

*Whispers Loudly* 🎵Debt Free Thanks to Ramsey🎵

[bradmitchell]

It’s wild to see how people can even live like this racking up credit card debt. I’d rather suffer and starve than go into debt!

[nae]

Yes, but getting a degree helps earn 50%-100% compared to those without one.

[gonegolfn]

we are so cooked as a country. No one owns anything and everyone owes on everything.

[scifitathletics]

Does this credit card debt include the balances month to month for those who pay it off every month? If so, that average credit card should be far lower. Or is it only the credit card balances accruing interest?

[LindaCampbell-fn]

Thanks to Wendy Lee Olson, I just hit 400, 000 this month. Thank you for all the knowledge and great experience you have given me over the past few months. I will always follow in your footsteps!