CONSUMER DEBT: THE CHALLENGES AND CONSEQUENCES
Channel: Ese's Essay
Date: 19/04/2024

Exploring the issues of consumer debt. Discussing factors contributing to high levels of debt, the impact on individuals' financial well-being, and strategies for debt management.

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-------------------------TIMESTAMPS-------------------------
00:00 - Intro
00:32 - What is Consumer Debt?
00:56 - What is the Issue?
03:09 - USA Average Debt
04:40 - Individual's Mandatory Expenses
05:11 - Level 1
05:47 - Level 2
07:20 - Level 3
08:29 - Field Statistics
08:46 - Dentist
09:28 - Pharmacist
10:04 - Physical Therapist
10:44 - Mechanical Engineer
11:23 - Mechanical Engineer [Net Income Calculation]
12:17 - Way to Manage Debt
14:26 - Conclusion
14:58 - Outro
15:19 - Reference

-------------------------REFERENCES-------------------------
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