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.
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Solutions to 9 Puzzling Financial Frustrations
Why (Bill) Size Really Does Matter
In some Big Apple circles there’s a concept referred to as “The New York City Street Tax.” This isn’t anything official. Rather, the idea is that the simple act of walking through the city—walking through any bustling city, …
Impatient? Then Your Credit Probably Stinks
Were you sitting and drumming your fingers while waiting for this page to load? Do you think instant coffee takes too long? If you’re impatient, more than just your blood pressure will suffer: You’re also liable to have poor …
Plastic or Plastic? Canada is Saying Goodbye to Paper Money
Our neighbor to the north is switching to plastic. No, not credit and debit cards. Plastic cash.
Higher Prices: The Odd Reward for Being a Loyal Customer
New customers are routinely wooed with special discounts for services like pay TV and newspaper subscriptions. Existing customers, on the other hand, can expect regularly escalating bills unless they put up a fight or beg for a …
How to Save $500 Worth of Energy This Summer
Every year, the U.S. Bureau of Labor Statistics looks at data from millions of households to create a profile of the average U.S. consumer. The annual Consumer Expenditure Survey contains lots of fun facts. For instance, in 2009 …
Nobody Cares More About Your Money Than You Do
There were times when I wouldn't check receipts or drive back to a store if I was given the wrong change. Not anymore.
Do You Spend Less than $2,000 Annually on Internet, TV, Cell Phone Service, and Video Games?
If so, you’re in the minority. All of these expenses traditionally fall into the entertainment category, as “discretionary” spending. But more and more, they’re viewed as indispensable, right up there with electricity, water, and food.
