How Distressed Is Your City or State?
Scott Carson
Investor, Entrepreneur, Marketer and Podcast Host. I have a passion for helping people to grow their investments and influence.
Everywhere that you get your news from is talking about how Americans are struggling to get buy and that things are costing more. More and more people have more month left at the end of their paychecks than before which leads to distressed accounts, lower credit scores, and people facing the difficult issues of filing bankruptcy or facing foreclosure when they can't pay their bills.
Where does your city or state rank as far as the most distressed? What are the Top 10 States and Top 25 Cities facing the most amount of financial distress? Scott Carson discusses a recent WalletHub article that he shared previously on the podcast to discuss the states and larger metroplexes where people are struggling to get by with less. Scott shares what you might do if you find yourself struggling or if you are investing in these distressed states and why it makes sense to have some empathy if you are dealing with borrowers or homeowners who are down on their luck.