Financial experts are seeing a historic increase in debt among Gen Z, according to Money Management International, with a 35 percent spike in younger consumers seeking credit counseling.
Millennials have continued to sustain an average of $40,000 in debt, and they too are looking for help to course correct.
“A few years ago, I ended up with kidney stones and all the bills came due from the hospital, the surgery, the doctor, anesthesiologist, all of that, and didn’t have the FSA money to cover it. So we put it on a lot of credit cards just to be able to get it done,” said Riverton resident Kaleb Knobel.
As we know, getting things done can create a snowball effect. A snowball that turns into an avalanche you can’t control.
“I was…