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Break the Shackles

  • American consumers owe over $11 Trillion in consumer debt.

  • Yet, 43% of all American families spend more than they earn each year. Huh?

  • Yeah, overall, consumer debt in America has increased by a whopping 1700% since I was planted on this spinning blue marble in 1971.

  • And get this; only 59% of Americans have more than $500 in an emergency savings account.

  • 76% of American consumers are living paycheck-to-paycheck.

  • 75% of Americans don’t have enough in their account to cover 6 months of expenses.

  • 50% have less than 3 months of expenses in their savings and 27% have no savings at all.

  • And oh, don’t go all high and mighty on me thinking these are just lower middle class and poor people problems.

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