Another group that finds it hard to keep their financial challenges secret comprises the growing number of adult children who are being forced to live with their parents. Investopedia says that there's even an acronym for people in this position: KIPPERS, or Kids in Parents' Pockets Eroding Retirement Savings. Reuters recently quoted Census Bureau data that suggest that, between 2007 and 2010, 1.2 million extra KIPPERS moved back into their parents' homes, bringing their number to 15.8 million. Again, KIPPERS frequently find it hard to keep their situation to themselves.In many circumstances, keeping your debt secret serves only to put off the evil hour, and simply makes the final denouement even more embarrassing.
Why Are You Keeping Your Debt A Secret?
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