Americans have racked up nearly $1 trillion in credit card debt, a record amount. High inflation and the end of pandemic stimulus programs have forced many to drain their savings and use credit cards to cover the cost of everyday necessities. Taking on credit card debt can be a very slippery slope. Having even a small amount of debt without the intention or ability to make payments on time can open the floodgates to taking on more. And with the Federal Reserve's campaign to control inflation by raising interest rates, paying off credit card debt is increasingly more expensive. Click the link in bio to learn more about ways to pay off credit card debt, and avoid it in the future.