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Household Debt

Household Debt Surpasses $90,000

MoneyTips | Posted 05.23.2016 | Business

A recent study shows that the average U.S. household debt has now passed the $90,000 mark, which includes household that are debt free.

The Balancing Act of Money: When Should You Spend and When Should You Stop Yourself?

Carol Morgan | Posted 12.30.2016 | Women
Carol Morgan

What are your priorities? Mine are different than yours, and yours is different from the next person. And that's how it should be. But I think that being a conscious spender is important. If you part with you money, at least know why you're doing it (and how much you're spending!).

The Economic Weakness Right Under Our Nose

Scott Paul | Posted 12.14.2016 | Business
Scott Paul

More than two million net new jobs have been created this year in America, a not too shabby number. Not a single one of them, though, is in manufacturing. That's terrible news, not only for people who want to work in factories, but for the wider economy.

4 Ways to Prepare for a Spending Diet

GoGirl Finance | Posted 07.13.2016 | Women
GoGirl Finance

Becoming debt free is a journey that may seem difficult at times. But -- with some hard work and diligence -- it is possible to come out on the other side.

Shahien Nasiripour

The Federal Reserve Is Telling Us The Economy Is Pitiful | Shahien Nasiripour | Posted 08.07.2014 | Politics

Fewer than one-third of Americans report being better off financially than they were five years ago, with weak household savings and hefty debt burden...

Consumer Debt Hasn't Jumped This Much Since Before The Recession

Reuters | Posted 04.20.2014 | Business

NEW YORK, Feb 18 (Reuters) - U.S. household debt rose in the latest quarter by the most since before the recession, a sign that Americans may be nea...

Household Debt Is Still Too Damn High

The Huffington Post | Mark Gongloff | Posted 08.15.2013 | Business

A consensus seems to be forming that U.S. consumers have cleaned up their balance sheets enough that they're ready to stuff themselves with debt all o...

Mark Gongloff

Households Piling On Student Loan Debt: Study | Mark Gongloff | Posted 05.14.2013 | Business

Four years after the Great Recession, U.S. households are slowly repairing their balance sheets and shedding their debt -- except when it comes to stu...

Troubling Sign For U.S. Economy

Reuters | Martinne Geller and Lisa Baertlein | Posted 03.12.2013 | Business

(Reuters) - The Dow Jones industrial average is at an all-time high, the jobless rate has fallen to a four-year low and the housing market is seeing a...

This Group Of Americans Is Steering Clear Of Debt

Reuters | Posted 04.24.2013 | Business

By Heather Struck NEW YORK, Feb 21 (Reuters) - The recession had a strong impact on young Americans who saw the credit crisis up close...

Americans' Debt Hits 29 Year Low

Reuters | Posted 02.26.2013 | Business

By Lucia Mutikani WASHINGTON, Dec 27 (Reuters) - A measure of the burden of U.S. household debt tumbled in the third quarter to its lo...

Household Debt Hits New Low

The Huffington Post | Catherine New | Posted 10.15.2012 | Money

American households have gotten their financial footing back when it comes to debt and that could help the economy recover faster, economists say. ...

Household Wealth Takes Massive Hit

Reuters | Posted 11.20.2012 | Money

* Household borrowing rises at fastest clip since 2008 * Increase in household debt first in more than year * Wealth fal...

A Positive Sign For American Households

Posted 11.17.2012 | Politics

One reason for our sluggish recovery from the recession is what Americans are doing with their money: paying off old debt. Total American household de...

Student Debt Crisis Continues To Get Worse

The Huffington Post | Tyler Kingkade | Posted 09.07.2012 | College

Americans are paying off their debts -- except for student loans. The latest report from the New York Federal Reserve, the 2012 Q2 Quarterly Report...

Americans Suffered Staggering Decline In Wealth During Recession

Reuters | Posted 08.11.2012 | Business

(In 3rd paragraph, corrects median net worth to $77,300 in 2010, not $77.3 trillion, and corrects to $126,000 in 2007, not $126 trillion.) ...

Burdened By Debt? Tell Us Your Story

Posted 03.28.2012 | Business

Burdened by debt? You're far from alone. The financial crisis left millions of American families struggling with their own personal debt crises. T...

Households Continue To Dig Out From Recession Losses

Posted 11.28.2011 | Business

WASHINGTON - Consumer debt fell during July through September, pushed down by declines in mortgage balances, the New York Federal Reserve said on Mond...

Fed's Duke: Americans' Caution On Debt, Spending Will Help During Recovery

Posted 12.22.2011 | Business

VIRGINIA BEACH, Virginia (Reuters) - Households' caution about taking on debt and spending will stand them in good stead when the economic recovery be...

Balanced Budget Amendment Follies

Micah Hauptman | Posted 12.12.2011 | Business
Micah Hauptman

Spending and debt remain intrinsic features of a capitalist economy. The key question is, which sector is best positioned to service the debt: families and businesses, or the government?

Americans Remain Risk-Averse Despite Low Interest Rates

The Huffington Post | Alexander Eichler | Posted 10.15.2011 | Business

With unemployment high, markets on a hair trigger and the memory of Washington debt-ceiling gridlock still fresh, many Americans are reluctant to put ...

Yes to Long-Term Growth. No to Short-Term Cuts.

Rep. Hansen Clarke | Posted 10.11.2011 | Politics
Rep. Hansen Clarke

It's time for Congress to stop playing politics and start getting serious about job creation and economic growth.

Congress Is Obsessed With the Wrong Kind of Debt

Rep. Hansen Clarke | Posted 09.27.2011 | Politics
Rep. Hansen Clarke

Congress is now completely focused on reducing debt. This would be a positive development, if not for one detail: it's focused on the wrong kind of debt.

The Re-Inflating Car Bubble

Catherine Lutz | Posted 05.25.2011 | Business
Catherine Lutz

The much-touted improved profitability of many car companies is not based on earnings from manufacturing or selling the vehicles but from charging interest.

The Financial Burden of Being Mobile

Catherine Lutz | Posted 11.17.2011 | Healthy Living
Catherine Lutz

Young or old, profligate or prudent, first-time lessee or seasoned buyer, many Americans have little idea of the true financial cost of car ownership. How can we reduce the cost of being mobile?