With U.S. consumer debt hitting a record $18.8 trillion, it’s time to see how your balances measure up. In this episode, Laura breaks down average debt by age group and type—from Gen Z’s $35k average to Gen X’s $158k peak—to help you determine if your debt is "healthy" or a hurdle to retirement. Key Takeaways: The Big 4: Current averages for mortgages, auto loans, student loans, and credit cards. Debt Rules of Thumb: Learn the 30/30/3 rule for housing and the 20/4/10 rule for car buying. Know Your Ratios: How to calculate your Debt-to-Income (DTI) ratio like a lender. Payoff Strategies: Why high-interest debt is "bad" and how to use consolidation or balance transfers to escape it. Whether you're looking to buy a home or just sleep better at night, learn how to stop being "average" and start building wealth. Find a transcript on your podcast player. Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at (302) 364-0308. Money Girl is a part of Quick and Dirty Tips.