Ever wondered if your debt is “normal”… or silently destroying your future? 😬
You’re not alone — and the truth might surprise you.
Most people know they have debt.
Very few know how their debt compares to everyone else their age.
So today, let’s break it down using real data, real numbers, and real surprises — across every generation, from Gen Z to the Silent Generation.
And here’s the twist 👀
The generation you think is drowning in debt… isn’t always the one actually leading.
🎓 Student Loan Debt: The Biggest Shock of All
Let’s start with student loans — and no, the answer isn’t what TikTok told you.
Average Student Loan Debt by Generation:
Gen Z: $19,028
Millennials: $33,516
Gen X: $45,963
Boomers: $47,977 😳
Silent Generation: $39,338
Yes — Boomers hold the highest average student loan debt.
That alone breaks the internet narrative. Most people expect Millennials to top this list, but reality says otherwise.
💡 Lesson: Debt doesn’t magically disappear with age — it often follows you longer than expected.
💳 Credit Card Debt: The “Silent Killer”
If there’s one type of debt financial experts hate the most, it’s this one.
Average Credit Card Debt:
Gen Z: $3,744
Millennials: $7,580
Gen X: $10,550 🚨
Boomers: $8,124
Silent Generation: $5,512
🏆 Winner (or loser): Gen X
High interest + revolving balances = wealth killer.
Credit cards aren’t evil — unpaid balances are.
🚗 Car Loans: The Endless Upgrade Trap
Ever paid off a car… then immediately upgraded to a new one?
You’re not alone.
Average Car Loan Debt:
Gen Z: $21,537
Millennials: $25,779
Gen X: $28,388
Boomers: $23,729
Silent Generation: $19,348
Again, Gen X leads.
The cycle is brutal:
Pay → upgrade → repeat → stay broke longer.
🏠 Mortgage Debt: Millennials Take the Hit
This one won’t surprise anyone who’s tried to buy a home recently.
Average Mortgage Balance:
Silent Generation: $175,400
Boomers: $200,588
Gen X: $263,956
Millennials: $305,785 💥
Gen Z: $248,165
🏆 Millennials hold the largest mortgage debt
With sky-high home prices, massive loans aren’t a choice — they’re survival.
📊 Total Debt by Generation (Everything Combined)
This is the big picture — all debt types combined.
Average Total Debt:
Silent Generation: $43,846
Boomers: $56,357
Gen X: $69,950 🥇
Millennials: $62,838
Gen Z: $23,359
💥 Gen X carries the highest total debt overall.
Not Millennials.
Not Gen Z.
Gen X.
📈 Debt Is Rising Fast — Especially for Younger Generations
Debt Increase (Year-Over-Year):
Silent Generation: 1.55%
Boomers: 1.6%
Gen X: 2.45%
Millennials: 4.89%
Gen Z: 7.45% 🚀
This pattern always repeats:
The younger the generation → the faster debt grows.
Why?
Lower income + higher costs + starting life = more borrowing.
So… Where Do You Stand? 🤔
Are you:
Below average?
Right on track?
Or quietly above danger level?
Drop a comment and compare — you might be doing better than you think.
But here’s the real takeaway 👇
Debt awareness is step one.
Building assets is step two.
🔥 From Debt Awareness to Wealth Building (Smart Investors Know This)
While many people are stuck comparing debt numbers, smart investors are quietly putting their money to work — especially through ETFs that grow over time.
If you’re ready to:
Start investing smarter 📈
Diversify beyond savings accounts
Buy ETFs easily with real-time tools
👉 Check out moomoo — a powerful investing platform trusted by global investors.
🚀 Start Investing in ETFs with moomoo
Open your account here 👉 https://j.moomoo.com/0xFRE4
Whether you’re reducing debt or building wealth, time in the market beats timing the market.
💬 Final Question:
Would you rather spend the next 10 years paying interest…
or earning returns?
The choice is yours.
#DebtByAge #PersonalFinance #MoneyTalks #ETFInvesting #WealthBuilding #SmartMoney #FinancialFreedom #Investing101 #moomoo
👉 Share this with someone who thinks “everyone is broke anyway.”
