There’s a lot of advice floating around out there about how to manage your credit cards and other debts to maximize your credit score. The trouble is, not all this wisdom is created equal, and some tips intended to help your credit can actually have the opposite effect. Here are seven supposedly “smart” tips we’ve heard bandied about
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We may be asking too much of schoolteachers when imparting good money habits to kids boils down to four simple rules you can practice at home.
In a mere two years, the proportion of teenagers who expect to be financially dependent on their parents until their mid-20s has doubled. That gives us all another reason to feel sympathy for parents who have teenagers right now.
Parents and kids can’t seem to agree on whether they are even discussing personal finance, a new survey shows. That’s OK. Actions are what matter.
Virtual family banking site FamZoo has introduced a prepaid card that actually makes sense–for kids and parents.
Dozens of countries, including the U.S., are searching for ways to raise the financial I.Q. of their citizens. But only a handful have taken the bold step of making personal finance a high school requirement. Here’s why the U.S. needs to move faster.
In travel, cheap doesn’t have to mean bad. No matter where you’re going, there are plenty of simple ways to cut expenses and still enjoy the quality vacation you desire.
Adults past age 30 generally feel their parents nailed it when it comes to money matters, a new survey shows. Are these people doomed to repeat their parents mistakes?
Starting on Sunday, Jan. 27, retailers will be allowed to tack a surcharge of up to 4% onto your tab if you want to pay with a credit card. If that sounds like a lot, you’re right. Happily, though, it’s unlikely to happen very often.
Teen sensation Justin Bieber’s prepaid debit card goes live in coming days. He can only hope he gets a better response than the Kardashians, who had to withdraw their predatory card from the market and wound up in court.
When we talk about Americans barely into adulthood who are saddled with debilitating levels of debt, the conversation is almost always about student loan debt. But there’s a growing body of evidence suggesting that today’s young adults are also drowning in credit-card debt — and that many of them will take this debt to their graves.
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.
