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The amount of personal debt among U.S. adults has declined by 25% over the past three years. Among those with debt, the average amount excluding mortgage is $22,354, according to Northwestern Mutual's 2022 Planning & Progress Study.
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Alan Goforth
Alan Goforth is a freelance writer in suburban Kansas City. In addition to freelancing for several publications, he has written a dozen books about sports and other topics.
