How To Break Free from Credit Card Dependence
At the end of 2023, U.S. consumer credit card debt hit over $1 trillion. The average balance per cardholder was about $6,500. While not all credit card use ...
Category: Loan & Credits Card
Assets vs Liabilities: Personal Finance Basics Guide
Understanding the difference between assets and liabilities is key in personal finance. Assets are things of value that can make money or grow in value or puts money ...
The Psychology of Credit Card Debt: How to Break the Cycle Guide
Credit card debt is a big problem today, thanks to easy access to digital transactions and credit. It’s not just about money; it’s also about our thoughts and ...
7 Habits of Highly Effective Credit Card Users
Did you know nearly 40% of credit card users in the U.S. only pay the minimum? This can lead to a lot of interest and debt. It’s key ...
Reading Credit Agreement Fine Print: Review
Did you know credit card agreements can be longer than the U.S. Constitution? It’s easy to miss important details in these long documents. A study by the Consumer ...
Payday Loans Landmines: Avoid Financial Pitfalls
In 2017, Shannon found a place that showed the dark side of payday loans. The Representative APR for these loans can be as high as 1192%. This makes them ...
Credit Cards Nightmare: Avoid Financial Pitfalls
Americans owe a huge $998.4 billion in credit card debt, as the Federal Reserve reports. The COVID-19 pandemic made people realize the danger of credit card debt. In ...
Personal Finance Assets vs Liabilities: Know the Difference
As I sit here, I feel a mix of excitement and worry. I want a secure future but feel lost in personal finance. Assets, liabilities, net worth, and accounting equations confuse me. ...
Advance Personal Finance Budgeting: Smart Money Tips
Nearly half of Americans can’t cover a $400 emergency. This shows how important good budgeting is. Learning to budget well can make a big difference in your financial ...
Raising Money Smart Kids: Financial Wisdom for Parents
As a parent, I believe teaching kids about money is a great gift. My own money experiences were mixed. I learned some valuable lessons but made mistakes too. That’s why ...