STAFFORD, Texas, April 30, 2026 (GLOBE NEWSWIRE) — New data from nonprofit Money Management International (MMI) shows that the financial strain on American households is intensifying across nearly every age group, as rising living costs and growing debt push more consumers to seek professional guidance.
Average unsecured debt among clients seeking financial counseling from MMI climbed to over $32,000 in Q1 2026, a 10% increase from Q1 2025, while average monthly living expenses rose 7% to $4,655 during the same period.
The data paints a picture of a broad-based affordability crisis in which the middle-aged are stretched thinnest, older Americans are accumulating debt faster than ever, and younger adults are arriving at…