In Amy Traub’s essay “What Drives Credit Card Debt”, she discusses the causes of credit card debit and how it affects Americans over the years. Traub writes about how some working class families struggle with their credit card debit, where others have credit cards but absolutely no debt. She also discusses the reasons behind why so many Americans struggle with debt and how it is nearly impossible to overcome. I believe there are three key effects that happen when one is credit card debt. They are conflict in the household, employment, and health insurance. One way I believe that credit debt effects a lot of American families is through house hold disputes about money. My family has the same conversation about money and the debt they are in about once every 2 weeks. It is the same conversation with the same outcome, my family yelling and screaming until they have…show more content… If you have a substantial amount of debt, it is likely having an effect on other areas of your life. In fact, a very high debt level could easily become the dominant factor in your life. That would most certainly have an effect on your ability to do your job. Worry causes stress, and stress can interfere with your ability to do your job. An employer may decide that you are not the right candidate for the job, mostly if there other qualified candidates with less considerably less debt. It’s simply one of those factors that could get in the way of the job search in a tight market. Even without knowing the reasons for your high level of debt, an employer could decide that you have an inability to manage finances. This can be an even bigger problem if you’re applying for a job that will involve budget responsibilities. The employer may decide that you’ll bring the same poor money management skills from your personal life into the job and the budget you will
