Tag: Personal debt
As number of billionaires climbs, new calls for wealth taxes emerge
A mobile billboard calling for higher taxes on the ultra-wealthy depicts an image of billionaire businessman Jeff Bezos, near the U.S. Capitol on May [...]
74% of people don’t think they will ever achieve high-net-worth status
cdwheatley | E+ | Getty ImagesPeople have wide-ranging views of what it means to be "high net worth," according to a survey from digital wealth manage [...]
Most medical debt to come off credit reports. What to do if it doesn’t
Maskot | Maskot | Getty ImagesIf you have medical debt weighing down your credit score, it may be wiped off your credit report in a few months.Yet bef [...]
Your 2019 leased car could now be worth $7,200 more than expected
Fg Trade | Istock | Getty ImagesIf your three-year auto lease is coming to an end soon, be aware that your car may be worth far more than you realize. [...]
How couples choose to handle money
DusanManic | iStock | Getty ImagesWhen it comes to handling money, couples have a choice: combine all of their accounts, keep them entirely separate o [...]
More than 80% of consumers are paying above sticker price for new car
When you're purchasing a new car these days, it may feel a lot like you're giving your dealership a fat tip.To that point, 82% are paying above sticke [...]
Ranks of these investors are poised for fast growth in coming decade
Prasit photo | Moment | Getty ImagesThe U.S. wealth management industry is poised to grow by about 5% annually over the next five years, while certain [...]
Some ticket prices are up as much as 100%
Going out is not only less common these days, it's also a lot more expensive.In general, the prices that consumers pay for goods and services recently [...]
Petition for $2,000 stimulus checks reaches 3 million signatures
A worker installs U.S. flags as part of a Covid-19 memorial on the National Mall in Washington, D.C., on Jan.18, 2021.Carlos Barria | ReutersWhen t [...]
Pandemic relief has helped Americans. Yet there are signs of strain
While household debt reached a record $17 trillion in the second quarter of 2021, many American households have felt less financial stress this yea [...]
49% of consumers will shop Small Business Saturday. These tips can help
A sign reading "Shop Local" with closed restaurants and shops on Main Street on April 10, 2020 in Livingston, Montana.William Campbell | Getty Imag [...]
What President Biden and lawmakers can do to fix the student debt crisis
Student debt in the U.S. has ballooned to over $1.7 trillion since Congress first allowed college students to borrow from the government in 1958. T [...]
How to stick to a budget and avoid debt this season
Pedestrians carry Nike shopping bags in San Francisco on Sept. 16, 2021.David Paul Morris | Bloomberg | Getty ImagesNearly 1 in 3 Americans expect [...]
Use extra cash to invest or to pay off debt? Here are some options
eyetoeyePIX | E+ | Getty ImagesA frequent question that I get asked as a financial advisor revolves around paying off debt versus investing when th [...]
Impulse spending is an issue for consumers. How to rein in the habit
miniseries | E+ | Getty ImagesSetting up a household budget and sticking to it can be challenging. Impulse shopping doesn't make it any easier.Abou [...]