The new year may bring higher interest rates that could increase credit card debt for many Americans. “If the Fed is going to raise rates another 100 basis points, one full percentage point, your credit card rate is going to go up one full percentage point,” Bankrate.com Chief Financial Analyst…

When inflation is raging and the scent of a recession is in the air, what is the American household to do? First, remember that if a recession does occur, it won’t signal the end of the world. …

For three years, Americans have been juggling a variety of anxiety-producing uncertainties. After emerging from lockdown cocoons, people thought things would return to normal. They discovered nothing was expected. You are not alone if you are puzzled about why and how this happened. …

Your credit card’s minimum payment is the smallest amount you can pay without being considered late-paying. When your income is a little too short for all your bills on occasion, having this minimum to fall back on can seem like a lifesaver. …

Americans are struggling to stay afloat as inflation-generated waves widen the gap between their take-home pay and the costs of goods. Many argue that these aren’t regular waves, as they bear an eerie resemblance to tsunamis. Inflation hit a 40-year high in June 2022, injecting anxiety into the lives of…

Whether you’re 25 or 55, at the start of your career or toward the end, it’s never too early or too late to start planning for your retirement. Financial security in retirement isn’t a given, yet fewer than half of Americans have calculated how much they will need for their…

As you may well know, carrying a balance on your credit cards from month to month is a huge no-no. Yet, despite this knowledge, you may live with outstanding obligations across one or several accounts. If this is the case, you are not alone. Americans are in debt. According to…