About 63 percent of those under 30 years of age don’t have a credit card. That’s compared with just 35 percent of those over 30 who’ve chosen to opt out of the credit game. Those who do have credit cards run into trouble paying their bills. Many millennials are cutting up their credit cards, and … Continued
My friend had a stable job making $85,000 a year with moderate debt that included a mixture of credit cards and student loans. He lived a comfortable lifestyle often eating at fine restaurants and traveling. He shared with me that has all changed. My friend who was never late on bill payments was now facing some … Continued
Last week, the Federal Reserve raised its key interest rate to a range of 0.25% to 0.5%. This move didn’t come as a big surprise, though it is a good sign of economic recovery; essentially, experts believe the U.S. economy has healed enough since the 2008 Great Recession to warrant an increase, the first in nearly … Continued