Category:
Personal Finance

Should You Be Investing While You Are In Debt?

By Joey Johnston | April 28, 2021

The stock market is setting records every week, which creates a real temptation for people in debt. Every time you turn on the TV there are ads for everything from…

19 Side Jobs to Make More Money

By Tom Jackson | March 29, 2021

Money is tight – we get it. But thanks to the internet and technology, it’s easier than ever to make a few extra bucks from the comfort of your own…

How to Get Out Of Credit Card Debt

By Pat McManamon | September 16, 2020

Using a credit card is sort of like going down one of those tall slides. It’s fun. But then at the end the ride ends and the climb back up…

What to Do If You Are Sued by a Credit Card Company

By Bents Dulcio | July 23, 2020

Debt has consequences, some of which will surprise the average American. No, we’re not talking jail time. Debtor’s prisons were abolished nearly two hundred years ago, but untamed debt can…

Unemployment and Credit Card Debt

By Joey Johnston | July 10, 2020

Choose Your Debt Amount Consolidate Debt in Minutes Handling Credit Card Debt While Unemployed A strange thing happened when the COVID-19 economic shutdown hit the United States — millions of…

Beware of Forbearance and Deferred Payments

By Tom Jackson | July 2, 2020

If there’s an upside to the economic trauma brought about by the coronavirus pandemic — stipulated: we’re straining  for a silver lining here — it’s the number and variety of…

8 Ways to Manage and Pay Off Credit Card Debt

By Tom Jackson | June 22, 2020

America is finding it harder than ever to pay off credit card debt. Total credit card debt is $1.115 trillion in 2024, according to the Federal Reserve. That’s up $129 billion in…

How to Manage Debt While on Furlough

By Tom Jackson | May 7, 2020

Remember the good old days? Just a few long months ago, the economy was roaring and nobody outside Wuhan had ever heard about coronavirus. Now millions of Americans are in…

What to Do When You Get Laid Off

By Tom Jackson | March 17, 2020

Job layoffs are an all-too common experience of American work life. Some 20.2 million people looked for work after being laid off in 2024, according to the U.S. Bureau of…

Dormant Bank Account Rules & Escheated Funds

By Tom Jackson | January 2, 2020

There’s an estimated $58 billion in unclaimed money out there waiting to find a home and it’s probably worth the time and aggravation to see if any of it belongs…

Sources:

  1. Butler, D. (2020, May 5) Historical S&P 500 Returns. Retrieved from https://www.thestreet.com/investing/annual-sp-500-returns-in-history
  2. Dilworth, K. (2021, April 14) Average Credit Card Interest Rates: Week of April 14, 2021. Retrieved from https://www.creditcards.com/credit-card-news/rate-report/
  3. Gravier, E. (2021, March 10) Here’s the Average Interest Rate on Private and Federal Student Loans – Plust What to Look Out For. Retrieved from https://www.cnbc.com/select/average-interest-rate-on-private-and-federal-student-loans/
  4. Gravier, E. (2021, Jan 22) President Biden’s executive order extends federal student loan payment freeze for 8 months—what experts say borrowers should do. Retrieved from https://www.cnbc.com/select/biden-extending-federal-student-loans-freeze.
  5. N.A. (ND) 30-Year Fixed Mortgages Since 1971. Retrieved from http://www.freddiemac.com/pmms/pmms30.html.