article thumbnail

Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

Success

The survey, released in October 2021, reported that the COVID-19 pandemic continues to impede decision-making ability, which includes financial decisions. Bureau of Labor Statistics reports that roughly two-thirds of our economy is fueled by consumer spending, much of it in the form of credit card debt. You deserve it!

Stress 263
article thumbnail

What Is a Credit Freeze, and Should I Do It?

Success

It can be especially valuable to freeze your child’s credit to prevent problems in the future. What is a credit freeze? In 2021 the Federal Trade Commission received 1.4 One in five people lost money due to imposter scams in 2021, with a median loss of $1,000. In 2021, victims of fraud reported losing more than $5.8

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Avoid Using “Buy Now, Pay Later” By Planning Ahead

Success

But while it can be a convenient way to make purchases and get the things you need without using a credit card, it can also become a financial headache if you aren’t careful. Falling behind on payments can mean late fees and possibly even a dip in your credit score if the problem isn’t fixed quickly. Plan ahead.

article thumbnail

2023 Financial Forecast: How to Prepare for the Year Ahead

Success

Americans increasingly pulled out their credit cards to pay for a whole slew of more-expensive goods and services, which resulted in the biggest surge in credit card debt in more than 20 years. As you think about your personal finances heading into 2023, credit card debt should be top of mind.

2023 303
article thumbnail

7 Ways to Save Money on Groceries without Clipping Coupons

Success

This is on top of an 11% rise in retail food prices from 2021 to 2022, according to the Government Accountability Office (GAO), the most significant increase in 40 years. That’s 200% higher than prices in 2021. Many stores offer loyalty cards or points you can redeem on future orders or at the gas pump.

Staples 244
article thumbnail

3 Ways to Avoid Overspending During the Holidays

Success

Every January, we would find ourselves with a large credit card balance and would have to adjust our goals to make up for it. A joy scale is a personal rating system that encourages you to track how much joy came from an item or experience you purchased. Create a Joy Scale. It’s completely subjective.

Holidays 263
article thumbnail

2 Important Rules for Attracting Wealthy Clients

Success

He wants to meet somewhere next week to discuss a new watch purchase. So do you immediately go and max out your credit card on a new Armani suit? Don’t go into credit card debt trying to impress a guy who can’t be impressed. This article originally appeared in the July/August 2021 issue of SUCCESS magazine.

Clothes 290