What statement can be true regarding the "normal" American family?

The "normal" American family is often depicted as being in debt due to various factors, including high costs of living, student loans, credit card debt, and mortgages. Many families tend to rely on credit to manage their expenses, leading to a cycle of borrowing that can be challenging to break. This situation reflects the broader financial landscape in which a significant percentage of Americans carry some form of debt, indicating that debt is a common experience in contemporary family finances.

The other statements, while they may apply to some families, do not capture the typical financial reality faced by many. For instance, the notion of being financially stable or living within their means can often be out of reach for families struggling with debt. Additionally, while seeking financial advice is beneficial and necessary for some, it is not universally practiced among families dealing with financial issues. Thus, the emphasis on "often in debt" aligns closely with the financial struggles that characterize many households today.