Tips to Avoid Falling into Debt

Tips to Avoid Falling into Debt Avoiding debt is a key to longterm financial stability. However, data from the Federal Reserve Bank of New York indicates households throughout the United States began 2024 with a record high of $17.3 trillion of debt. Debt also is a problem in Canada, where a recent survey from NerdWallet found that 55 percent of Canadians had credit card debt, which marked a