As the U.S. economy sees increased inflation and interest rates, many young adults are finding themselves sinking deeper into debt. Catey Hill, managing editor for MarketWatch Picks, joined CBS News to discuss how accumulating debt could have a long-term effect on Gen-Z Americans.

#genz #news #debt

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Credit cards can be a useful financial tool, but if you start taking on credit card debt, it can take control of your life. Learn why your relationship with credit cards is unhealthy and how you can use credit counseling to take a break from credit so you can find your financial independence and break your bad credit habits. Once you’ve found your power, then you can decide if you want to let credit back into your life.
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