The American Reality: How Debt Defines Your Generation презентация

of Americans believe living debt free is living the DREAM 63%

Слайд 1
The American Reality: How Debt Defines Your Generation


Слайд 2of Americans believe living debt free is living the DREAM
63%


Слайд 3but…
A majority of Americans
65%
live with some type of debt or loans



Слайд 4But how they live with and manage debt varies by age

group


Слайд 5Adults over the age of 45 are more likely to pay

more than the minimum monthly payment on their credit cards than those between the ages of 18 and 44.


Слайд 6In fact, young adults age 18-34 are more likely than adults

55+ to

than the minimum monthly payment on their credit card debt

PAY LESS


Слайд 7…. and those 18-34 are almost three times as likely to

admit to sometimes paying their bills late.


Слайд 8
Despite these habits, adults 55+ (16%) are more likely to buy

what they want, when they want, since they have credit cards.


Слайд 9SO…
what does each age group consider to be a FINANCIAL DISASTER?


Слайд 10
Foreclosing on a home?


Слайд 11While more than three quarters of Americans (76%) believe this would

be a financial disaster, it’s a more common concern for those over 55 years old.

Слайд 12How about YOUR health?


Слайд 13 of Americans say getting into

medical-related debt would be a FINANCIAL NIGHTMARE

A number slightly higher for adults 55 and over (55%)

47

%


Слайд 14Did I remember to pay that bill?


Слайд 15of Americans consider having a LATE PAYMENT on a loan to

be a financial disaster

Although Americans age 45-54 (18%) are less likely to consider a late payment on a loan to be disastrous

27%


Слайд 16
BALANCE DUE $0.00


Слайд 1723% of Americans say not paying off a credit card balance

in full each month would be a that number with

disaster,

increases

age 33% for folks 65 and older

and that


Слайд 18What’s YOUR American Dream? And how will you manage your finances

to get there?

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