{"id":1153,"date":"2025-06-24T16:08:24","date_gmt":"2025-06-24T16:08:24","guid":{"rendered":"https:\/\/thepumumedia.com\/blogs\/?p=1153"},"modified":"2025-06-23T12:37:52","modified_gmt":"2025-06-23T12:37:52","slug":"save-yourself-from-the-credit-card-debt-spiral","status":"publish","type":"post","link":"https:\/\/thepumumedia.com\/blogs\/save-yourself-from-the-credit-card-debt-spiral\/","title":{"rendered":"Save Yourself from the Credit Card Debt Spiral"},"content":{"rendered":"\n<p>Credit cards promise convenience, rewards, and the freedom to buy now and pay later. But if you\u2019re not careful, that convenience can turn into a debt spiral\u2014where balances keep growing, interest piles up, and minimum payments barely make a dent. In India, credit card spending reached \u20b91.67\u202flakh\u202fcrore in February\u202f2025, and although growth has slowed, many cardholders still struggle under the weight of high-interest balances.<\/p>\n\n\n\n<p>This blog digs deep into the <strong>credit card debt spiral<\/strong>: what it is, why it happens, and\u2014most importantly\u2014how you can <strong>save yourself<\/strong> from falling into it.&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. What Is the Credit Card Debt Spiral?<\/strong><\/h2>\n\n\n\n<p>A debt spiral begins when you carry a revolving balance on your card beyond the due date. Here\u2019s how it typically unfolds:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Purchase Made:<\/strong> You use your card for essentials or treats.<br><\/li>\n\n\n\n<li><strong>Bill Arrives:<\/strong> Instead of paying in full, you pay only the minimum (often 5\u201310% of the balance).<br><\/li>\n\n\n\n<li><strong>Interest Accrues:<\/strong> The unpaid balance attracts interest\u2014up to 40\u201350%\u202fp.a. in India (3.4\u20134.2%\u202fmonthly).<br><\/li>\n\n\n\n<li><strong>New Purchases:<\/strong> You keep using the card, adding new charges on top of existing debt.<br><\/li>\n\n\n\n<li><strong>Minimum Payments Rise:<\/strong> As the balance grows, the minimum payment increases, absorbing more of your budget\u2014and leaving less to pay down principal.<br><\/li>\n\n\n\n<li><strong>Cycle Repeats:<\/strong> Interest keeps compounding, and without a plan, balances balloon out of control.<br><\/li>\n<\/ol>\n\n\n\n<p>Over time, you end up paying hundreds\u2014or even thousands\u2014of rupees in interest each month, with little progress toward reducing your principal. That\u2019s the classic <strong>debt spiral<\/strong>, and if you\u2019re in it, you need a rescue plan.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Why Credit Card Debt Spirals Are So Common<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2.1 Sky\u2011High Interest Rates<\/strong><\/h3>\n\n\n\n<p>Indian credit card interest rates typically range from <strong>35% to 50%\u202fp.a<\/strong>. That means carrying \u20b950,000 for one month at 3.5% monthly interest costs you \u20b91,750 in interest alone. If you only pay the minimum, most of your payment goes toward interest, not the principal.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2.2 Easy Access and Multiple Cards<\/strong><\/h3>\n\n\n\n<p>As of October\u202f2024, India\u2019s credit card base surged from 29\u202fmillion to 62\u202fmillion users, driven by digital banking and payment apps. With multiple cards in your wallet, it\u2019s tempting to juggle minimum payments across them\u2014an approach that can quickly become unmanageable.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2.3 Minimum Payment Trap<\/strong><\/h3>\n\n\n\n<p>Minimum payments are designed to keep you in debt. They appear low\u2014often just 5\u20137% of your statement balance\u2014so you feel you\u2019re meeting your obligation. But because interest compounds daily (around 0.1% per day), making only minimum payments can mean decades to clear a modest balance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2.4 Lack of Budgeting and Oversight<\/strong><\/h3>\n\n\n\n<p>Without a clear budget or spending plan, it\u2019s easy to lose track of monthly charges\u2014EMIs, subscriptions, online shopping, fuel, groceries, dining out. Before you know it, your \u201crevolving balance\u201d ballooned, and the next thing you need is a plan to get out.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. The Current Landscape in India<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Credit Growth Slowing:<\/strong> RBI data shows credit card loan growth slowed to <strong>13%<\/strong> year\u2011on\u2011year in February\u202f2025, down from <strong>31.3%<\/strong> a year earlier\u2014proof that tighter norms are affecting new debt issuance.<br><\/li>\n\n\n\n<li><strong>Household Debt Rising:<\/strong> Unsecured household debt climbed from 35% of GDP in 2020 to <strong>43%<\/strong> by early\u202f2025, largely driven by credit cards and personal loans\u2014raising worries about delinquencies.<br><\/li>\n\n\n\n<li><strong>Card Spending Trends:<\/strong> Total credit card spending dipped from \u20b91.84\u202flakh\u202fcrore in January to \u20b91.67\u202flakh\u202fcrore in February\u202f2025, suggesting consumers are more cautious\u2014yet balances remain high.<br><\/li>\n<\/ul>\n\n\n\n<p>These statistics show we\u2019re at a crossroads: tighter lending norms are slowing new debt, but existing balances still burden many. If you carry debt, now is the time to act.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. Signs You\u2019re in a Debt Spiral<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>You Pay Only the Minimum:<\/strong> Month after month, you cover just the minimum due.<br><\/li>\n\n\n\n<li><strong>Rising Outstanding Balance:<\/strong> Your statement balance is higher than the previous month despite payments.<br><\/li>\n\n\n\n<li><strong>Multiple Minimums:<\/strong> You have several cards, and struggle to pay even the combined minimums.<br><\/li>\n\n\n\n<li><strong>Stress and Worry:<\/strong> You dread your statement or calls from your bank.<br><\/li>\n\n\n\n<li><strong>Reduced Savings:<\/strong> You have little to no emergency fund.<br><\/li>\n<\/ul>\n\n\n\n<p>If any of these describe you, it\u2019s urgent to break the cycle.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. Step\u2011By\u2011Step Rescue Plan<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.1 Face the Numbers<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>List All Balances:<\/strong> Note each card\u2019s balance, interest rate, and minimum payment.<br><\/li>\n\n\n\n<li><strong>Calculate Total Monthly Minimum:<\/strong> Sum up all minimum dues\u2014you need to know the full picture.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.2 Stop Adding to the Balance<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Switch to Cash\/Debit:<\/strong> Use only debit cards or cash until your debt is under control.<br><\/li>\n\n\n\n<li><strong>Freeze Cards:<\/strong> Temporarily block cards you won\u2019t use.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.3 Choose a Repayment Method<\/strong><\/h3>\n\n\n\n<p>Two popular strategies can help you systematically reduce debt:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Debt Avalanche:<\/strong> Pay extra on the highest-rate card first while making minimums on others. This minimizes total interest.<br><\/li>\n\n\n\n<li><strong>Debt Snowball:<\/strong> Pay extra on the smallest balance first to build momentum and confidence, then move to the next balance.<br><\/li>\n<\/ul>\n\n\n\n<p>Both work\u2014pick the one that keeps you motivated.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.4 Negotiate with Your Card Issuer<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ask for Lower Rates:<\/strong> Call customer service and request a rate reduction. Banks sometimes grant one\u2011time offers to retain customers.<br><\/li>\n\n\n\n<li><strong>Work\u2011Out Plans:<\/strong> If you\u2019re in genuine hardship, banks may offer a structured repayment plan or waive late fees.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.5 Consider Balance Transfer Offers<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>0% Intro APR:<\/strong> Some banks or fintech platforms offer zero\u2011interest balance transfers for 3\u20136 months. Transfer your high\u2011rate balance, then pay it off within the promotional period.<br><\/li>\n\n\n\n<li><strong>Transfer Fees:<\/strong> Typically 2\u20133% of the transferred amount\u2014usually worth it if you clear the debt quickly.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.6 Consolidate with a Personal Loan<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Lower Interest Option:<\/strong> If you qualify for a personal loan at 12\u201315%\u202fp.a., you can use it to pay off 36\u201348% APR credit card debt.<br><\/li>\n\n\n\n<li><strong>One EMI, One Date:<\/strong> Simplifies payments and may save significant interest. Compare processing fees and tenure before deciding.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.7 Tighten Your Budget<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Track Every Rupee:<\/strong> Use an app or simple spreadsheet to record income and expenses.<br><\/li>\n\n\n\n<li><strong>Identify Cuts:<\/strong> Cancel unused subscriptions, dine out less, and seek lower\u2011cost alternatives.<br><\/li>\n\n\n\n<li><strong>Redirect Savings:<\/strong> Every rupee trimmed feeds your debt adrenaline fund.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.8 Boost Your Income<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Side Gigs:<\/strong> Tutoring, freelancing, rideshare driving\u2014find flex work that fits your schedule.<br><\/li>\n\n\n\n<li><strong>Sell Unused Items:<\/strong> Unclutter your home and raise instant cash via online marketplaces.<br><\/li>\n\n\n\n<li><strong>Skill Monetization:<\/strong> Turn your hobby into a small business\u2014crafts, photography, writing.<br><\/li>\n<\/ul>\n\n\n\n<p>Additional income accelerates debt repayment and keeps you on track.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.9 Automate and Celebrate Milestones<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Automate Payments:<\/strong> Schedule auto\u2011debits for EMIs and extra payments to avoid forgetfulness.<br><\/li>\n\n\n\n<li><strong>Goal Tracking:<\/strong> Celebrate small wins\u2014every paid\u2011off card is a victory.<br><\/li>\n<\/ul>\n\n\n\n<p>Positive reinforcement keeps you motivated for the long haul.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>6. Building a Future\u2014Avoiding the Next Spiral<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.1 Emergency Fund First<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Buffer of 3\u20136 Months:<\/strong> Keep a cash cushion to handle surprises\u2014car repairs, medical bills\u2014without resorting to cards.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.2 Use Credit Wisely<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pay in Full Each Month:<\/strong> Aim to clear your statement balance to avoid interest.<br><\/li>\n\n\n\n<li><strong>Choose One Card:<\/strong> Focus on a single rewards card you use for essentials, then pay it off monthly.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.3 Leverage Rewards, Not Debt<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Cashback\/Cash\u2011Back Apps:<\/strong> Earn back a small percentage on compras, but only if paid off promptly.<br><\/li>\n\n\n\n<li><strong>Reward Caps:<\/strong> Avoid cards with high annual fees unless you use the perks extensively.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.4 Regular Financial Check\u2011Ins<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Monthly Review:<\/strong> Spend 15 minutes each month reviewing your spending, debt balances, and savings.<br><\/li>\n\n\n\n<li><strong>Annual Deep Dive:<\/strong> Meet with a financial advisor or self\u2011audit your goals, investments, and insurance.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.5 Build Strong Money Habits<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Separate Needs vs. Wants:<\/strong> Before every purchase, ask: \u201cDo I need this now?\u201d<br><\/li>\n\n\n\n<li><strong>Automate Savings:<\/strong> Pay yourself first by transferring a portion of your salary to savings or investments.<br><\/li>\n\n\n\n<li><strong>Continuous Learning:<\/strong> Read personal finance blogs, watch webinars, or join local workshops.<br><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>7. Real\u2011Life Success Stories<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Anjali\u2019s Turnaround:<\/strong> Anjali carried \u20b975,000 across three cards. By using a debt avalanche and a 0% balance transfer for six months, she cleared her highest\u2011interest card (48%\u202fAPR) in four months. Today, she uses one card, pays in full monthly, and has a \u20b950,000 emergency fund.<br><\/li>\n\n\n\n<li><strong>Rahul\u2019s Hustle:<\/strong> With \u20b91,20,000 debt, Rahul started tutoring twice a week. Extra \u20b910,000\/month went straight to EMI on his highest\u2011rate card. Within a year, he had no credit card debt and began investing in a small mutual fund SIP.<br><\/li>\n<\/ul>\n\n\n\n<p>Their stories show that small, consistent steps\u2014plus a structured plan\u2014break any spiral.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>The <strong>credit card debt spiral<\/strong> may look daunting, but with the right mindset and a clear action plan, you can <strong>save yourself<\/strong> and regain financial control. Start by listing your debts, stopping new charges, and choosing a repayment method\u2014avalanche or snowball. Negotiate rates, use balance transfers or consolidation loans, and tighten your budget. Automate payments and celebrate every milestone.<\/p>\n\n\n\n<p>Once you\u2019re free of revolving debt, build an emergency fund, use credit cards responsibly, and establish healthy money habits to prevent future spirals. Remember, the key is <strong>consistent action<\/strong>\u2014even small extra payments make a huge difference when high interest looms. Follow these steps, stay disciplined, and watch your debt shrink while your savings grow.<br><\/p>\n\n\n\n<p>Source : <a href=\"http:\/\/thepumumedia.com\">thepumumedia.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit cards promise convenience, rewards, and the freedom to buy now and pay later. But if you\u2019re not careful, that convenience can turn into a debt spiral\u2014where balances keep growing, interest piles up, and minimum payments barely make a dent. In India, credit card spending reached \u20b91.67\u202flakh\u202fcrore in February\u202f2025, and although growth has slowed, many cardholders still struggle under the weight of high-interest balances. This blog digs deep into the credit card debt spiral: what it is, why it happens, and\u2014most importantly\u2014how you can save yourself from falling into it.&nbsp; 1. What Is the Credit Card Debt Spiral? A debt spiral begins when you carry a revolving balance on your card beyond the due date. Here\u2019s how it typically unfolds: Over time, you end up paying hundreds\u2014or even thousands\u2014of rupees in interest each month, with little progress toward reducing your principal. That\u2019s the classic debt spiral, and if you\u2019re in it, you need a rescue plan. 2. Why Credit Card Debt Spirals Are So Common 2.1 Sky\u2011High Interest Rates Indian credit card interest rates typically range from 35% to 50%\u202fp.a. That means carrying \u20b950,000 for one month at 3.5% monthly interest costs you \u20b91,750 in interest alone. If you only pay the minimum, most of your payment goes toward interest, not the principal. 2.2 Easy Access and Multiple Cards As of October\u202f2024, India\u2019s credit card base surged from 29\u202fmillion to 62\u202fmillion users, driven by digital banking and payment apps. With multiple cards in your wallet, it\u2019s tempting to juggle minimum payments across them\u2014an approach that can quickly become unmanageable. 2.3 Minimum Payment Trap Minimum payments are designed to keep you in debt. They appear low\u2014often just 5\u20137% of your statement balance\u2014so you feel you\u2019re meeting your obligation. But because interest compounds daily (around 0.1% per day), making only minimum payments can mean decades to clear a modest balance. 2.4 Lack of Budgeting and Oversight Without a clear budget or spending plan, it\u2019s easy to lose track of monthly charges\u2014EMIs, subscriptions, online shopping, fuel, groceries, dining out. Before you know it, your \u201crevolving balance\u201d ballooned, and the next thing you need is a plan to get out. 3. The Current Landscape in India These statistics show we\u2019re at a crossroads: tighter lending norms are slowing new debt, but existing balances still burden many. If you carry debt, now is the time to act. 4. Signs You\u2019re in a Debt Spiral If any of these describe you, it\u2019s urgent to break the cycle. 5. Step\u2011By\u2011Step Rescue Plan 5.1 Face the Numbers 5.2 Stop Adding to the Balance 5.3 Choose a Repayment Method Two popular strategies can help you systematically reduce debt: Both work\u2014pick the one that keeps you motivated. 5.4 Negotiate with Your Card Issuer 5.5 Consider Balance Transfer Offers 5.6 Consolidate with a Personal Loan 5.7 Tighten Your Budget 5.8 Boost Your Income Additional income accelerates debt repayment and keeps you on track. 5.9 Automate and Celebrate Milestones Positive reinforcement keeps you motivated for the long haul. 6. Building a Future\u2014Avoiding the Next Spiral 6.1 Emergency Fund First 6.2 Use Credit Wisely 6.3 Leverage Rewards, Not Debt 6.4 Regular Financial Check\u2011Ins 6.5 Build Strong Money Habits 7. Real\u2011Life Success Stories Their stories show that small, consistent steps\u2014plus a structured plan\u2014break any spiral. Conclusion The credit card debt spiral may look daunting, but with the right mindset and a clear action plan, you can save yourself and regain financial control. Start by listing your debts, stopping new charges, and choosing a repayment method\u2014avalanche or snowball. Negotiate rates, use balance transfers or consolidation loans, and tighten your budget. Automate payments and celebrate every milestone. Once you\u2019re free of revolving debt, build an emergency fund, use credit cards responsibly, and establish healthy money habits to prevent future spirals. Remember, the key is consistent action\u2014even small extra payments make a huge difference when high interest looms. Follow these steps, stay disciplined, and watch your debt shrink while your savings grow. Source : thepumumedia.com<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[15],"tags":[],"class_list":["post-1153","post","type-post","status-publish","format-standard","hentry","category-finance","entry"],"_links":{"self":[{"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/posts\/1153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/comments?post=1153"}],"version-history":[{"count":1,"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/posts\/1153\/revisions"}],"predecessor-version":[{"id":1168,"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/posts\/1153\/revisions\/1168"}],"wp:attachment":[{"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/media?parent=1153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/categories?post=1153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepumumedia.com\/blogs\/wp-json\/wp\/v2\/tags?post=1153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}