"Former Texas Party Animal Slashes Work Hours to Tackle $9,000 Monthly Debt"

1 min read
Source: Yahoo Finance
"Former Texas Party Animal Slashes Work Hours to Tackle $9,000 Monthly Debt"
Photo: Yahoo Finance
TL;DR Summary

A 23-year-old man from Texas, who used to spend $9,000 a month on partying, is now struggling with debt and refuses to work more than 15 hours a week to pay it off. His financial decisions, including overspending and lack of financial planning, have put him in a precarious situation. This reflects a larger issue of financial illiteracy among young Americans, with Gen Z seeing a surge in credit card balances. However, there is hope as some are taking financial literacy courses and using social media to adopt better financial habits.

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