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MULTITUDES: The unauthorized memoirs of Sam Smith

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May 13, 2026

Household debt

WalletHub - Q1 Results: Total household debt decreased by $339 billion during Q1 2026. That is 351% more than the decrease in Q1 2025.
 
Household Average: The average household owed a total of $155,607 at the end of Q1 2026, which is $14,804 below the all-time high.
 
Total Debt-to-Assets: The ratio between total household debt and assets, at 8.97%, continues to be at a very healthy level.

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