Part 3/9:
The current economic state sees household savings diminishing, paired with an unprecedented rise in credit card debt, which has reached staggering heights. The housing market poses additional challenges, as it becomes increasingly unaffordable, particularly for individuals who were unable to secure low-interest rates during favorable periods. The job market feels increasingly impersonal, with automated systems dominating hiring processes, leaving many feeling discouraged. Even with unemployment rates reported as low, the hidden reality is that countless individuals have given up seeking work entirely.