That means that the largest single group of consumers, Baby Boomers, is headed for retirement in a buy-now, pay later environment. But we all charge. That's just the American way. We still have credit card debt. It requires them to take command of their spending habits.
Motivation is crucial.
We are talking about zero debt. Never have it. Turn your ship around. Seemingly benign shopping patterns can be driven by insidious factors such as impulse buying, the need for immediate gratification, the tendency to buy to ease unhappiness or the failure to pay attention to personal finances. The personal finance sections at local bookstores are packed with guides on how to become debt-free.