About this episode
Support the show:https://www.paypal.me/Truelifepodcast?locale.x=en_USOne on One Video Call W/George https://tidycal.com/georgepmonty/60-minute-meetingAverage American Debt and Lifetime Interest Payments• Experian: Average American Debt by Age in 2025 – Reports average consumer debt at $104,755 in June 2025, closely matching the transcript’s $104,215 figure. • CNBC: How Much Americans Owe at Every Age – Breaks down average debt by generation, noting $104,755 in 2025. • Realtor.com: Americans Face an Average of $1.8 Million in Lifetime Debt – Estimates lifetime debt payments at $1,786,810, with breakdowns including interest; useful for comparing to the transcript’s $279,000 lifetime payment example. • JG Wentworth: Life of Debt – Details average lifetime debt at $1,786,810, including interest extraction over time. • Self: Life of Interest – What Americans Pay in Interest Over a Lifetime – Calculates average lifetime interest at $649,067, providing context for interest-based “extraction.” Student Loan Debt Statistics• Education Data Initiative: Student Loan Debt Statistics 2025 – Covers delinquency rates and total debt trends in 2025. • BestColleges: Average U.S. Student Loan Debt 2025 Statistics – Notes millions owing over $100,000, with total debt context. • WINSSolutions: U.S. Student Loan Statistics in 2025 – Projects total U.S. student debt nearing $1.79 trillion by end of 2025, close to the transcript’s $1.7 trillion. • Congress.gov: A Snapshot of Federal Student Loan Debt – States nearly 43 million borrowers with over $1.6 trillion in debt (early 2025 data). Credit Card Debt and APR• Ramp: 2025 Average Credit Card Debt Statistics – Confirms average APR at 24.37% as of January 2025, matchi
