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Finally, some good news coming out of the Federal Reserve: the consumer credit burden dropped by a record amount in July, making it the sixth straight month that U.S. consumers have reduced their indebtedness. While that may be a bad sign for businesses—they don&#39;t care whether the money coming through their doors is borrowed or not, as long as they&#39;re getting paid—the trend suggests that the belt-tightening begun at the onset of the recession is continuing. Could it be leading to an overall shift in the average citizen&#39;s relationship with the concept of debt? Quite possibly. One thing&#39;s for certain, though—there&#39;s no need for the lenders to be panicking just yet; at the end of July, total consumer debt still stood at a whopping $2.47 &lt;i&gt;trillion&lt;/i&gt;, of which $905.58 billion was credit card debt. And you thought the interest payments on &lt;i&gt;your&lt;/i&gt; Amex were bad!&lt;p&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;http://content.screencast.com/users/pstott/folders/Jing/media/094fb10c-4cbc-44df-8592-4dd57967b537/2009-09-08_1716.png&quot; width=&quot;140&quot; height=&quot;190&quot; border=&quot;0&quot;&gt;&lt;br&gt;Associated Press/Charles Rex Arbogast&lt;p&gt;&lt;i&gt;&lt;b&gt;--Posted by Phil Stott, Vault Staff Writer&lt;/b&gt;&lt;/i&gt;

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How to Handle Survivors’ Guilt After Layoffs 

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