This month’s report delves into an analysis of our debt to income ratio and what needs to happen for our economy to improve.
The problem with the increase in debt for most consumers is that our disposable income has not risen at the same rate. So basically, consumers were / are incurring more debt than they are able to repay.
It’s a vicious circle but one that will stop when consumers start making better money decisions. What kind of business decisions are YOU making lately? Now is the time to access how much debt you have in your business and how to reverse this trend.