Consumers are using credit cards like never before, with credit card balances currently at an all-time high. The average credit card balance in the United States is a whopping $6,501 per cardholder.
Along with this, the stock market has exhibited far more volatility in 2025 than we’ve seen in the past couple of years. Both the S&P 500 and the NASDAQ have touched correction-level territory. Despite renewed surges to get the market back in party mode, investors are becoming increasingly less willing to risk their nest eggs.
