‘Survival Debt’ Is on the Rise: 3 Smart Ways To Stay Afloat

Let’s face it — life can throw some serious curveballs, and sometimes keeping your head above water financially feels like a full-time job. Rising prices are pushing Americans into what Zety calls “survival debt.” According to its Survival Debt Report, nearly half of workers (48%) have borrowed money in the last year to cover groceries or utilities, while 71% carry credit card balances and 21% can make only minimum payments. Plus, 22% have delayed saving for retirement in order to stay financially afloat. ...