The High Interest Debt Trap: What It Means for Motorcyclists In the second quarter of 2026, Americans added a staggering $21 billion to their credit card balances, pushing the total to approximately $1. 26 trillion.
This trend has been met with advice from financial guru Dave Ramsey, who advocates for saving a $1,000 emergency fund as a first step in tackling debt. At first glance, this issue may seem unrelated to motorcyclists.
However, the problems plaguing American households are eerily familiar.