Logo
    Search

    AMERICAN HOUSEHOLD DEBT IS OUT OF CONTROL, SIT DOWN AND MAKE SOME DECISIONS

    enApril 18, 2023

    About this Episode

    BUY ME A COFFEE!  If you like my podcasts and blogs, support me by going to:  http://www.buymeacoffee.com/michaellodge

    PODCAST CONTENT LINKS:

    American household debt hit a record $16.9 trillion at the end of 2022, per the Federal Reserve data.  An daily it continues to grow.

    $11.92 trillion - morgage debt

    $1.55 trillion - car loan debt

    $1.60 trillion - student loan debt

    $989 billion - credit card debt

    Personal financial debt is out of control and each of you that have debt - sit down and plan it out on how you will get rid of that debt.  You have some choices and decisions to make.

    If you need help, contact my office by sending me an email at thebusinessadvisor@zmail.com or by going to my web site and schedule and appointment on line:  http://www.lodge-co.com 

    What in the world?  Husband and wife with $1,000,000 in debt:  https://www.boredpanda.com/couple-million-dollars-debt-financial-advice-dave-ramsey-show/?utm_source=flipboard&utm_medium=referral&utm_campaign=organic

    If your inome is $100,000 a year, this it what it gets you in America:  https://www.cbsnews.com/news/100000-purchasing-power-smart-asset-us-cities/

    Other business content - The Business Advisor Magazine:  https://flipboard.com/@lodgeco/michael-lodge-the-business-advisor-vt0agg1bz

    Recent Episodes from The Business Advisor

    Lunches are too expensive and we are still buying medical gloves from china

    We Have Become Slobs and Unproductive

    New Speaker Of The House, New Demanding Responsibility To Reduce Spending and Debt

    Money, Personal Finance, Government Debt and War

    Tell Me About Houston Texas

    Tell Me About Houston Texas

    I just got back from Houston Texas where I spent three days driving around the city, trying to get to know it.  I am at the cross roads of making a business decision on moving out of Greenville, SC to a busier community.  I love living in South Carolina but trying to start a new business in a small community is not easy, unless you are part of the good old boy network.  My clients are all over the United States, but zero in South Carolina because of restrictions in what I do.  I want to get back to that one on one meetings with clients.  That stimulates me more by working with clients face to face.  Zoom is great for business, but that one on one experience is so important in dealing with clients.  So I am at the decission process of making a move.  If you live in Houston, let me know how you like it and your business experience there.

    Send me an email to:  thebusinessadvisor@zmail.com

    If you would like to have a confidential business advisory / coaching / mediation session, you can schedule online at:  http://www.lodge-co.com

     

    Inflation Continues, Economy Responds to Israel / Hamas War