article thumbnail

The ABC’s of Debt Reduction

Prairie Eco-Thrifter

It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. Fortunately, there is no one size fits all plan to debt reduction.

Debt 157
article thumbnail

4 Financial Lessons Your Parents Forgot to Teach You

Saving Cents With Sense

With PNC reporting that the average 20-something faces $45,000 in debt, and Generation Opportunity finding a 15.9 percent unemployment rate among 18-29 year olds , being financially savvy is a skill that gets you much farther than those humanity electives you took in college. Tackle Student Loans.