Gen Z starts 'moneymaxxing' trend as credit card debt climbs

Personal finance expert Rachel Cruze discusses the 'moneymaxxing' trend on TikTok as Americans look to cut costs. Cruze reacts to surging credit card debt and shares key strategies to save money and pay down balances.

Personal finance expert Rachel Cruze analyzes the viral 'moneymaxxing' TikTok trend on 'Fox & Friends' as U.S. credit card debt climbs. Cruze explains how inflation is driving consumers to adopt extreme savings habits to make ends meet. She emphasizes the importance of budgeting, building an emergency fund and cutting back on discretionary spending.