Broadcast Retirement Network’s Jeffrey Snyder discusses the financial emergency of one in three Americans maxing out credit cards for survival with Debt.com’s Howard Dvorkin, CPA. U.S. credit card debt reached a record high of $1.13 trillion, highlighting the impact of inflation and stagnant wages on consumers’ finances. Dvorkin emphasizes the importance of managing debt and the various strategies individuals can employ to pay it off effectively. The discussion underscores the critical role of financial literacy in navigating debt and achieving financial freedom.

Read more at Yahoo Finance: One in Three Americans Max Out Credit Cards for Survival