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Set down the Starbucks.
Forgo the avocado toast.
The stereotypes feel reductive and according to experts, they actually are.
Thats right, Gen X should be known for more than its innovations in grunge music.
Its also the generation that carries the most debt.
Baby Boomers and Millennials are in the middle of the road with $18,779 and $30,558, respectively.
They have the highest median credit card, auto loan, and student loan balances.
So, how does one avoid getting crushed under the weight of all that debt in the first place?
Keeping track of your expenses is a good starting point for anyone dealing with debt.
Its never too late to educate yourself about managing money and connect with experts whose advice resonates with you.
And while youre at it, a side hustle never hurts, either.
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