The nation has crippling credit card debt to the tune of almost $800 billion. This is obviously not a minor problem, but a financial epidemic. Americans are paying so much in fees and penalties each year that we may never dig ourselves out.
What is cheating? In my over 40 years of practicing family law, I have seen just about every reason under the sun for a divorce.
When the Love Boat morphs into the Titanic and you are flailing in the icy waters of the North Atlantic, the banks are not rescuers, they're sharks..
Some myths persist even when people ought to know they aren't true. These falsehoods can be fun, unless they are about money -- in which case they can do a great deal of harm. Here are four financial "facts" you should always take with a grain of salt.
Consumers face a "catch-22" situation when it comes to loans. On the one hand, it's important to shop around to get the lowest interest rate you can. On the other hand, there's the perception out there that shopping around for loans too much will hurt your credit.
A recent publication out from the Federal Reserve appears to indicate consumers have learned to cut back on debt, at least for now. The reduction mig...
Poker players frequently give off signals that tip off the kind of cards they have. It is the same thing in these conferences. I would actually pay the attorneys and clients to bring me to meditations as I can spot problems and make corrections before they get money in their hands.
I opened my credit card bill today. Yikes! It's almost $10,000. I'm stunned. How did I let it get so out of hand? I should know better. I'm in the ban...
Is addiction too strong a word for America's dependence on debt? Given that addiction means needing something so powerfully that it overwhelms rational thought, the description fits American habits only too well. Here are five signs you might be addicted to debt.
Despite our best intentions, we occasionally forget to pay a bill or let cash rewards expire -- even the savviest consumers mess up once in a while. But little money mistakes can have a big impact on finances. Don't let your cash go to waste.
You may know about the miles or points you get on each credit-card purchase. Many cards, however, provide other travel benefits that you might not even know you have.
If you are a regular reader of my blog, you'll know that one of the steps I recommend to rebuilding credit is to use credit cards. It's a smart, easy way to wisely develop good credit history -- but emphasis is on "wisely."
Now is the perfect time for graduating students to think about getting their finances in order for summer and beyond. Regardless of their financial situation, each college graduate needs to utilize the same basic tools to set themselves up for long-term financial success.
In my experience, there are some financial practices that reasonable people agree are just plain wrong.
Responsible credit card use is a recipe for saving money, considering the lucrative rewards, 0 percent rates, and fraud protections that are available. The thing is, of all the words in that sentence, "responsible" is both the most important and the most likely to be ignored.
April is Financial Literacy Month! What steps will you take to get financially fit?