Tag Archives: Consumer Debt


Surplus, Interest, Debt: Personal Finance in a Nutshell

Author: Michael McNiven, Ph.D., Post Date: October 26, 2017
Cumberland Advisors Market Commentary by Michael McNiven Ph.D.

What follows here is a basic guide for individuals regarding their personal approach to debt management and wealth creation. U.S. household consumer debt has reached an all-time high above $14 trillion as of the time of this writing, July 2019 (U.S. consumer debt hit $14 trillion in 2019). This includes student loans, auto loans, credit […]