Tag Archives: credit card debt

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[Study] Americans Saving More, but Lack Financial Knowledge

Financial Literacy Month survey finds risks to long-term financial security

“Although slightly more than half of all Americans feel financially literate, there remains a significant…

By Stacey Tisdale

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Free Help for Managing Your Debt

Study shows debt counseling pays off

Be wary of offers for debt counseling for a fee, and consider starting your debt…

By Stacey Tisdale

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[Financial Literacy Month] Which State’s Residents Have Most Money Smarts?

New study measures financial literacy and behavior of state and D.C. residents

“The best way to improve financial literacy is to include personal finance in the curriculum…

By Stacey Tisdale

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Average U.S. Household Owes Nearly $8,000 in Credit Card Debt

New survey shows debt levels highest since Great Recession

“We are now perilously close to a tipping point at which balances become unsustainable and…

By Stacey Tisdale

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Oh Yes They Did! Millions Committing ‘Financial Infidelity’

New survey finds many hiding money moves from significant others

Every relationship has different boundaries and expectations and the only way to find them is…

By Stacey Tisdale

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3 Easy Moves That Will Boost Your Credit Score

Money Coach Lynnette Khalfani-Cox Shares Tips

For better or worse, your credit score is one of the most important numbers in…

By Stacey Tisdale

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Changing the Habits That Got You Into Debt

3 tips that will help you make better choices

Still, our financial circumstances have as much to do with what we believe about ourselves,…

By Stacey Tisdale

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How to Avoid Holiday Season Credit Card Rip-Offs

Separate the good values from the ripoffs

‘Buy now, pay later’ is the mantra that drives much of American holiday spending. Credit…

By Denise Campbell Laidler

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What Rate Hike Means for Mortgages, Credit Card Debt, and Stocks

Fed raises interest rates for first time since 2006

“The cumulative effect of a series of interest rate hikes over the next couple of…

By Stacey Tisdale

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3 Questions to Keep Your Emotions and Spending in Check this Holiday Season

Taking an honest look at why you feel pressured to spend

There’s more to holiday overspending than just dollars and cents. This story looks at some…

By Stacey Tisdale

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For many Americans, a big part of the holidays involve giving presents to others. But it’s perfectly fine and feasible to not give gifts to family and friends and still enjoy the holiday season.
	
In fact, if the tough economy or a job layoff has taken a toll on your household budget, this could be the year to not spend any money at all on gifts. Even if you do have money in a bank account to spend, it’s important to realize that there are plenty of other ways to celebrate the season without making all the festivities centered on gift-giving.

	Still, the average American is expected to spend $704 on holiday gifts in 2011, according to the National Retail Federation. Should you opt out of this year’s holiday shopping frenzy like the folks who’ve joined Buy Nothing Day? Perhaps. Here are five reasons why it might be wise not to spend any money at all on gifts on Black Friday and this entire holiday season. —Lynnette Khalfani-Cox

Ho Ho No! Parents Tapping Retirement to Buy Holiday Presents

Survey finds parents sacrificing short and long-term financial security

“Our long-term goals, such as retirement savings and having an emergency fund, should always take…

By Stacey Tisdale

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Trick or Treat: The Scariest Credit Cards on the Market

Find out which card issuers are being naughty and which are being nice

When you consider that the average American household that carries debt struggles with credit card…

By Stacey Tisdale

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Part 2: Star Jones Reveals the Financial Mistake That Was Her Greatest Teacher

She learned her lesson early and was able to reverse bad habits

“I had to get real with the fact that I am my own back-up plan,”…

By Stacey Tisdale

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Getting Out of Credit Card Debt Once and For All

Creating a debt payment plan you can stick to

As a part of the overall spending plan, credit card debt payments should not…

By Stacey Tisdale

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What Hurricane Katrina Can Teach Us About Insurance and Credit Card Debt

How bad credit leads to higher insurance premiums

In addition, the Consumer Federation of America finds that just 57% of people surveyed were…

By Stacey Tisdale

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AAF Preview: Black Enterprise and Prudential Want You to Get Out of Debt

AAF panel set to help Blacks find their financial footing

Prudential and Black Enterprise are joining forces to bring attendees at this year’s African American…

By Stacey Tisdale

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Consumer Tip: Know the Pitfalls of Debt Settlement

Your daily money bite

If you’re overwhelmed by debt and you’re thinking of settling, you might want to think…

By Sheiresa Ngo

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Results of Card Hub 2014 Credit Card Debt Study

Credit information site Card Hub recently released its 2014 credit card debt study.  The study…

By Sheiresa Ngo

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Study: Consumers Saddled by Credit Card Debt and Overdraft Fees

Consumers face trouble due to lack of financial knowledge

A recent survey by MagnifyMoney shows that 35% of Americans overdraft and 42.4% are saddled…

By Sheiresa Ngo

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Tips on How to Negotiate Your Credit Card Debt

Advice on how to successfully negotiate credit card debt.

If you’re struggling to pay down credit card debt, you can negotiate more favorable terms.…

By Sheiresa Ngo

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