Younger generations are widely thought to be averse to credit, but according to recent data from Experian, the tides might be changing.
1. Millennials (ages 23 – 38) carry an average credit card debt of $4,712, a 7% increase in the past year.
2. Generation Z (ages 18 – 22) carry an average credit card debt of $2,057, an 11% in the past year.
Both are still lower than the national average of $5,474, but quickly making up the deficit – increasing debt faster than other age groups.
More information and analysis coming soon at MikeaboutMoney.com
I know many of you have been trying to boost your product sales and I’m constantly on the lookout for ways that can help all of us make significant improvements in traffic and sales performance.
So, I wanted to give you a major head’s up.
Russell Brunson, CEO and Founder of Clickfunnels just launched his new book called: “DotComSecrets: The Underground Playbook For Growing Your Company Online…” He is giving away FREE copies (you just have to cover shipping).
This training was super helpful for me, so I wanted to pass it along to you..