Rising consumer debt in the U.S. prompts personal finance expert to share debt-free tips.

From Yahoo Finance: 2025-07-03 13:01:00

Consumer debt in the U.S. rose to $17.57 trillion in 2024, up 2.4% from the previous year, indicating a worsening debt problem. Dasha Kennedy, The Broke Black Girl, shared tips on becoming debt-free without relying on motivation. Regularly monitoring finances, setting up weekly check-ins, and using payoff methods are crucial steps to tackle debt effectively. Late payments can incur fees, so it’s important to automate payments and set spending boundaries to avoid impulse buying and stay on track towards financial freedom.



Read more at Yahoo Finance: The ‘Hot Take’ on How To Actually Get Out of Debt, According to a Personal Finance Expert