Financial expert Suze Orman is urging Americans to take control of their credit card debt this year. She offered practical advice in a new blog post that emphasizes compassion over self-criticism.
Americans are carrying $1.28 trillion in total credit card debt, according to Federal Reserve data. With rates remaining elevated despite Federal Reserve cuts, Orman’s guidance comes at a critical time for consumers struggling with high-interest balances.
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Stop the Shame Cycle
Orman’s first piece of advice is simple but powerful: Stop beating yourself up. She acknowledges that many people overspent during the holidays…