credit

Are You Reducing Your Debt? Two Common Strategies to Pay Off Your Debt
Team SummitBudgeting & Debt, Employee Financial Resource CenterComments are off for this post
If debt is a leading contributor to your overall stress, you are not alone. The national mean for household credit card debt is $16,000. The average total household debt, including mortgages, is $132,500.¹ That volume of debt can be a real burden on your wallet, relationships, and ability to achieve other important goals like saving  Read More →
The Psychology of Debt
Team SummitBudgeting & Debt, Employee Financial Resource CenterComments are off for this post
Using loans or credit to buy things is not a new concept. In the 1800s, some people bought food and other basic supplies from the general store using credit—the storekeeper handwrote the buyer’s name on a list, keeping track of the total owed. When the buyer came back into town the following week, he paid  Read More →

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