{"id":7169,"date":"2026-10-17T08:29:20","date_gmt":"2026-10-17T08:29:20","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/10\/17\/debts-growing-shadow-how-borrowing-costs-are-eroding-your-income-gains\/"},"modified":"2026-10-17T08:29:20","modified_gmt":"2026-10-17T08:29:20","slug":"debts-growing-shadow-how-borrowing-costs-are-eroding-your-income-gains","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/10\/17\/debts-growing-shadow-how-borrowing-costs-are-eroding-your-income-gains\/","title":{"rendered":"Debt&#8217;s Growing Shadow: How Borrowing Costs Are Eroding Your Income Gains"},"content":{"rendered":"<p>New research indicates that debt payments are consuming a significant portion of Americans&#8217; income gains, with an estimated 52 cents of every inflation-adjusted dollar earned going towards debt servicing for typical workers. This trend has pushed the share of families spending over 40% of their income on debt to its highest level since 2013, according to Federal Reserve data.<\/p>\n<p>Experts advise understanding borrowing motivations, meticulous budgeting, and diligent price comparison to mitigate the growing burden of debt.<\/p>\n<p><\/p>\n<p style=\"text-align: left;font-style: normal;font-weight: bold\"><a href=\"https:\/\/www.cnbc.com\/2026\/10\/15\/debt-is-eating-up-a-bigger-chunk-of-your-raise-research-shows.html\" target=\"_blank\" rel=\"noopener noreferrer\">READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New research indicates that debt payments are consuming a significant portion of Americans&#8217; income gains, with an estimated 52 cents of every inflation-adjusted dollar earned going towards debt servicing for typical workers. This trend has pushed the share of families spending over 40% of their income on debt to its highest level since 2013, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108419043-17921475361792147533-49034731150-1080pnbcnews.jpg?v=1792147534&w=750&h=422&vtcrop=y","fifu_image_alt":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-7169","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","rifnote_country-usa","rifnote_executive-angela-hanks","rifnote_executive-matt-schulz"],"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108419043-17921475361792147533-49034731150-1080pnbcnews.jpg?v=1792147534&w=750&h=422&vtcrop=y","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/7169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=7169"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/7169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/7170"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=7169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=7169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=7169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}