Your debt may seem high, but in reality it's small, compared to the 712 - billion
dollars of credit card debt owed by American consumers ($ 15,355 average credit card debt per household), along with over 1.2 - trillion dollars of student loan debt ($ 47,712 average student loan debt per household), as of 2015.
However, the majority of society has accrued a few thousands of
dollars of credit card debt.
So you racked up thousands of
dollars of credit card debt a few years ago.
It's hard to save for retirement when you have thousands of
dollars of credit card debt.