13 Nov Credit card debt is a problem for 77% of U.S. workers

Credit card debt is rising while 45% of U.S. workers are already distracted by financial stress at work: Why smart employers are turning to financial coaching to boost profits and impact.     Credit card debt is a problem for 77% of U.S. workers, finds the 2024 Workplace Wellness Survey from Employee Benefit Research Institute and Greenwald Research (press release, report summary). “Credit card debt is cited as the biggest problem, like prior years — with a quarter having at least $10,000 in debt.”Increasingly, workers are using their credit cards to purchase necessities not luxuries. “About eight in 10 workers report keeping discretionary spending to a minimum...