Dave Ramsey says the economy may not be the reason younger Americans feel financially squeezed. Instead, he argues that debt is the real problem. Ramsey points to record levels of credit card balances, rising auto loans and the ongoing $1.8 trillion student loan burden. According to him, these payments take a large portion of income before people even start paying everyday expenses. He says banks and car companies have normalized large monthly payments that lock younger generations into years of debt. That can create the feeling the economy is broken. But Ramsey argues the real issue is how much of people’s paychecks already belong to lenders. Until that debt disappears, financial pressure may keep showing up in everyday life. #daveramsey #debt #personalfinance #money #genz