Credit cards are convenient and popular—76% of Americans have at least one—but have you ever stopped to consider how much your credit cards really cost? Your credit cards might be a more expensive way to borrow money than you realize, putting you on a path toward overwhelming debt and a declining credit score. The answer to how much credit cards truly cost depends on two main costs: fees and interest.
10 Habits of Debt-Free People You Can Start Now
What would it be like to live debt-free? Can you imagine the positive feelings of freedom and financial well-being? Unfortunately, only 25% of Americans are living in this reality right now. If you want to start down the path toward a debt-free life, try borrowing a page from people who have already found success. Check out these 10 habits of debt-free people that you can adopt.
A Simple Debt Consolidation Guide
Many Americans struggle with debt—from credit cards to student loans, medical bills and more. In fact, Bankrate recently found that 21% of Americans owe more on their credit cards than they have set aside for an emergency. If you’re struggling to get on top of your finances and are looking for a way to simplify your payments, debt consolidation might be a good solution.
Hot Personal Finance Tips to Get You Through the Summer
The dog days of summer are just around the corner. It can be easy to lose sight of your finances as you’re making plans to grill and relax on the beach, but sunshine is not an excuse for you neglecting to improve your overall financial health. So, to help you stay on top of your finances this summer, we’re sharing the hottest tips for financial health.
Do Millennials Have the Best Personal Finance Habits?
There is a popular stereotype that millennials are too busy drinking expensive lattes and eating organic avocado toast to make progress toward financial goals. However, actual spending data shows that spending habits of millennials do not really differ much between the generations from other generations.
