India, Aug. 16 -- Americans are hearing that the economy is doing well and that the stock market is hitting record highs. But many young Americans still feel they are struggling with money. The strong economy does not always feel strong in their daily lives. Many young people are worried about their bank accounts, bills and debt.

Personal finance expert Dave Ramsey says debt is one major reason why younger Americans may not feel the benefits of a strong stock market. He made the comments in a recent interview with Fox News while discussing why many Americans remain worried about their finances even as stocks continue to reach record highs.

"The problem is feelings aren't facts," Ramsey said during the Fox News interview. He argued that ...