McKinsey's ConsumerWise team breaks out the state of US consumer spending in 2024. Read the annual report for the latest data, trends, and insights.
(f) a banking system that does not have a credit culture or expertise because its traditional function had been merely to act as a cash manager/fiscal agent for government policy, rather than market based lenders; (g) ineffective means of enforcing debt collection; (h) no clear laws on ...
I’m going to make my money work for me. I don’t want it to just go toward a full payment right away. If I have the option, I’m going to use buy now, pay later. That’s why I use credit cards. I don’t plan to have debt, and I make sure there’s zer...