Today, Explained

Make credit cards work for you

February 22, 2026·30 min·4-min readsolofinance
Podzilla Summary (4 min)
TLDR
Americans collectively owe $1.3 trillion in credit card debt, with individual balances averaging $6,500, and many young adults are thrust into this system without financial literacy, leading to long-term consequences. The episode explores how credit cards became a cornerstone of consumer

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Guest

S

Sean Venata

solo on Today, Explained

Mentions

Books, people, and resources mentioned in this episode.

People

Angel SevillaSean VenataSarah Rathner

Books

Plastic Capitalismby Sean Venata

Companies

NerdWallet

Topics

BankingDebtEconomicsPersonal Finance

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