Success
APRIL 8, 2024
It could be down payment money for a home, putting [funds] toward a young child’s education or investing in retirement. The same study from Debt.com found that one in three credit card holders in the U.S. have maxed out their credit cards to cover expenses due to inflation. While the average age in the U.S.
Success
OCTOBER 31, 2022
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.
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Success
JULY 20, 2021
They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. Start a retirement plan. You’re young, and retirement probably feels light-years away.
Success
JULY 19, 2022
A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. If you have a spouse working for a company, you might be able to join their plan.
Success
SEPTEMBER 21, 2021
There is an escape from the Money Panic, and it doesn’t involve selling off retirement investments or increasing your credit card limit. This article originally appeared in the September/October 2021 issue of SUCCESS magazine. Secure a “consulting” gig. You need a consulting gig that will help cover monthly bills.
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