debt

Man shows empty pockets while standing in front of American flag
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Bill Grady
August 23, 2019 - 7:24 am
The Congressional Budget Office this week issued a gloomy report on the nation's finances that should surprise no one who is familiar with deficits and the national debt. The CBO predicts average national deficits of $1.2 trillion every year through 2029, due in large part to recent budget and...
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KMBZ News Staff
August 06, 2019 - 7:17 am
Data show 73 percent of adults who die leave behind at least some outstanding debt, but what happens to those unmet obligations? The average total balance debt at time of death is just shy of $62,000, but financial advisor Bridget Burgess said that number is somewhat misleading. "A big portion of...
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Rebecca Crockett
April 29, 2019 - 8:22 pm
Kansas City, MO - A survey released by Bankrate says nearly half of Americans won't be taking vacation this year , and the reason might surprise you. The majority say they just can't afford it, but 22% are putting those funds toward paying off debt. CPA and Financial Planner, Peter Newman says for...
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Jim Cunningham
November 08, 2018 - 6:49 am
In a country that is drowning in trillions of dollars in consumer debt, more and more people are calling on educators to offer courses in personal finance. Students in Missouri public high schools are required to take a personal finance course. It has been a requirement since 2006. Jim Cunningham...
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Michael Ronnebaum
August 02, 2017 - 6:03 am
Lower-income college graduates continue to struggle under growing mountains of student loan debt. According to figure compiled by Forbes , more than 44,000,000 Americans are working to pay off some kind of student loan, owing more than $1.3 trillion in student loan debt, which is $620 billion more...
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Jim Cunningham
March 27, 2017 - 6:05 am
Spring is a good time to clean house and it can also be a good time to clean up ones credit issues. The average American family carries between $30 thousand and $75 thousand in credit card debt, said Donna Perkins, president of KC Credit Services in North Kansas City. "No consumer should put...
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