Financialhealth
In a world that constantly bombards people with images of wealth and success, it’s no wonder to feel the pressure of presenting a facade of wealth. Many people believe that the appearance of success will lead to real success, or they might be afraid of being judged or left behind if they don’t appear to be on the same financial level as their peers. However, pretending to be rich can have serious financial consequences that can devastate those who fall into this trap. This post explores the dangers of pretending to be rich, how irrational spending leads to financial crises, and the importance ...
ValueWalk
*DC’ers repay 95% of earnings on personal debt – the highest in the country\. The ten American states with the highest household debt per capita revelead\.*Q3 2020 hedge fund letters, conferences and moreA financial information service has revealed the states with the highest amount of household debt and the states with the high debt-to-income ratio – an indication of financial health used widely for lenders. The most student loans were found in Washington DC, with the state borrowing the most money for automobiles being Texas. The research conducted also reveals attitudes towards debt as well...
ValueWalk
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