![Page 1: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/1.jpg)
The American
Reality: How
Debt Defines
Your
Generation
![Page 2: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/2.jpg)
of Americans
believe living
debt free is living
the DREAM
63%
![Page 3: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/3.jpg)
but…A majority of Americans
live with some type of debt or
loans
![Page 5: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/5.jpg)
Adults over the age
of 45 are more likely
to pay more than the
minimum monthly
payment on their
credit cards than
those between the
ages of 18 and 44.
![Page 6: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/6.jpg)
In fact, young adults age
18-34 are more likely than
adults 55+ to
than the minimum monthly
payment on their credit
card debt
PAY L E S S
![Page 7: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/7.jpg)
…. and those 18-34 are almost three
times as likely to admit to sometimes
paying their bills late.
![Page 8: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/8.jpg)
Despite these habits, adults 55+ (16%) are more
likely to buy ,
since they have credit cards.
![Page 9: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/9.jpg)
what does each age group consider to be a
FINANCIAL DISASTER?
![Page 10: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/10.jpg)
Foreclosing
on a home?
![Page 11: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/11.jpg)
While more than three quarters of
Americans (76%) believe this
would be a financial
disaster, it’s a more common
concern for those over 55 years old.
![Page 12: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/12.jpg)
How about YOUR health?
![Page 13: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/13.jpg)
of
Americans say
getting into
medical-related
debt would be a
FINANCIAL
NIGHTMARE
A number slightly higher for adults 55 and over
(55%)
![Page 14: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/14.jpg)
Did I remember
to pay that bill?
![Page 15: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/15.jpg)
of Americans consider
having a LATE PAYMENT
on a loan to be a financial
disaster
Although Americans age 45-54 (18%)
are less likely to consider a late payment
on a loan to be disastrous
27%
![Page 16: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/16.jpg)
![Page 17: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/17.jpg)
23% of Americans say not paying off a credit card balance
in full each month would be a
that number with
disaster,increases
age 33% for folks 65 and older
and that
![Page 18: The American Reality: How Debt Defines Your Generation](https://reader036.vdocuments.site/reader036/viewer/2022081404/559b21441a28abdb738b4791/html5/thumbnails/18.jpg)
What’s YOUR
American Dream?
And how will you
manage your
finances to get
there?