Reason Most Americans are Broke

Holly Johnson is a financial expert and award-winning personal credit writer. The Federal Reserve says the average American family with credit card debt carries more than $15,000 in balances on their cards alone? It is so easy to swipe the card and live in luxury these days. But luxury comes with a price- and that price is a lot more than what they charge you at the store. Holly Johnson shares her article, “The Upside-down Reason Most Americans Are Broke,” and help us realize some of the spending and saving mistakes we could be making.