Group 1 - A Texas man revealed he and his wife are $500,000 in debt, with his wife unaware of the full extent [1] - The couple has a combined income of approximately $250,000 per year, yet they are financially struggling [2] - The debt consists of a $330,000 mortgage, $85,000 in car loans, and around $80,000 in credit card debt, most of which the wife does not know about [3] Group 2 - The main issue identified is the lack of a financial plan and Jim's unilateral handling of finances without his wife's involvement [4] - Financial advice suggests that Jim should involve his wife in financial discussions and planning, treating her as an equal partner [5]

South Korea’s household debt last quarter expanded at the quickest pace since 2021, likely adding to concerns at the Bank of Korea ahead of its policy meeting next week https://t.co/15GQuRyb2h ...

Household Debt Overview - Household debt increased by 1% to $18.4 trillion [1] - Overall delinquency rates remain relatively modest, excluding student loans [2] Delinquency Rates - Auto loan and credit card debt delinquencies remain elevated [1] - Student loan debt that is 30-day delinquent surged to 13%, previously 1% in Q4 during the forbearance period [2] - Credit card agencies are reporting delinquencies around 13%, up from 8% in Q1 [2] - 90-day mortgage delinquencies increased to 1.3%, the highest level since Q4 2016 [3] Potential Economic Weakness - Potential economic weakness is a concern regarding student debt and its knock-on effect on credit card issues and credit reporting [3]

Industry Outlook - Thailand's banks are facing challenges due to weak lending [1] - High household debt, slowing tourism, and sluggish consumer spending are risks [1] - These factors may dampen the outlook for the rest of the year for Thailand's banks [1]

The rise of a property-owning, entrepreneurial middle class in China has transformed its cities this century. But all this has created a new risk: soaring household debt https://t.co/ZILZMOvQjH ...

Household Debt & Financial Strain - US household debt is rising, indicating potential financial strain on individuals [1] - Bloomberg is seeking insights into how individuals are managing living expenses amid rising debt [1]

Are you worried about being able to pay your monthly bills?As US household debt continues to rise, Bloomberg reporters want to hear how you are managing living expenses: https://t.co/f96AIdwo2z https://t.co/aO9VFLHqkW ...

Are you worried about being able to pay your monthly bills?As US household debt continues to rise, Bloomberg reporters want to hear how you are managing living expenses: https://t.co/f96AIdwo2z https://t.co/wVhdpgFEwl ...

Are you worried about being able to pay your monthly bills?As US household debt continues to rise, Bloomberg reporters want to hear how you are managing living expenses: https://t.co/f96AIdwo2z https://t.co/DeFh0RkhuH ...

Thailand’s household debt level fell to the lowest since early 2020 after lenders tightened new loan approvals and government unveiled measures to provide relief to millions of borrowers. https://t.co/bceRWuZ1HY ...