Some might say I “preach” when it comes to our fiscal situation in this country. They’d be right. Fiscal prudence is absent in Washington today; more needs to be said, not less. Bonkers isn’t too strong a word to describe what has become a mess. You don’t run up a $37 trillion debt without decades of bad decisions from both sides of the aisle.

Candidly, Americans aren’t exactly models of financial discipline either. Household debt reached more than $18 trillion by the end of Q2 2025. The average household debt was $105,056 in 2024, a 13% jump since 2020. Average household credit card balances stood at $6,371 in early 2025. And that’s without even touching the depressing state of retirement savings or emergency savings rates. Spoiler: they are less than ideal.

Context established, now bac

See Full Page