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Paying down debt isn’t easy. In fact, Business Insider reports the average American has $59,580 in debt, which includes mortgages, auto loans, student loans, and credit card debt. And most of us know all too well that paying it off isn’t the easiest task. However, this is where financial educator and Much Founder Carmen Perez comes in. According to her company’s website, she was swimming in a pool of $57,000 in debt, but today she is debt-free. Plus, she accomplished the feat in less than three years. Here are some of her tips.
The country’s largest retailer and largest private employer is taking a stand for education on behalf of its employees. According to CNN, Walmart has announced that it plans to pay for full college tuition and book fees at some schools for its U.S. employees. Thus, making this the boldest effort from the retailer as of late to improve its benefit packages and attract new workers in America’s already tight job market. Starting on Aug. 16, Walmart says it will remove the $1 a day fee for associates, making all educational programs paid for by Walmart, according to its announcement. Meaning, approximately 1.5 million U.S.-based Walmart and Sam’s Club workers will be able to earn a college degree or learn trade skills without the hassle of student debt. “We are creating a path of opportunity for our associates to grow their careers at Walmart, so they can continue to build better lives for themselves and their families,” Lorraine Stomski — senior vice president of learning and...