So, you know, it's another reason why, you know, we talk about the interest rates on credit cards right now, but that's another one. You know, we know that Americans are putting their groceries on their credit card because they just simply don't have enough after they pay for housing that's eating up close to 50% of their budget. in far too many homes and, you know, their monthly paycheck, rather. And then utilities are through the roof right now. And then healthcare, it's like you have to buy food. (39:43–40:01)
CLAIM
Asserts that housing costs are consuming close to 50% of Americans' budgets, leading them to use credit cards for groceries.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
