Gen X is going deeper into credit card debt — even as they make more money than ever

Gen Xers are dealing with mounting credit card debt.d3sign/Getty ImagesGen X, the economy's middle child, is contending with rising credit card debt.The Federal Reserve's latest accounting of consumer finances found their balances soared.That comes even as Gen X makes even more money, but sees shrinking net worths.Gen Xers are putting their credit cards to work.The Federal Reserve's latest accounting of consumer finances finds that as of 2025, 45 to 54-year-olds had the largest credit card balan