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The end of a calendar year is always a smart time to reconsider your financial health. Unfortunately, for many Americans, the last few years have been a time of economic burden. And the numbers support this reality: Credit card debt hit a cumulative record of $1.17 trillion in the third quarter of 2024. The average American is currently saddled with around $8,000 in credit card debt alone, not accounting for other types like mortgages, student loans and auto loans. Considering that the average credit card…
