May is Mental Health Awareness Month, and we’re marking it with special reports, including how debt can take a serious toll on your mental health, and what you can do to manage both. More Americans ...
To pay off debt, you need to know how much you owe, how much you’re spending and where you can cut costs. The debt avalanche and snowball methods are popular debt repayment strategies. A debt ...
Getting rid of debt is a goal many Americans have. Not only does eliminating debt improve your financial health, but it is also likely to have a positive impact on your mental health. Assessing your ...
If you’re in debt, it can feel like you’re in a hole that’s impossible to climb out of. In 2024, the total consumer debt in the U.S. increased by 2.4% (compared to 2023) to $17.57 trillion. This means ...
MEMPHIS, Tenn. - More than half of credit card holders are carrying revolving debt, according to a new study. The J.D. Power 2025 U.S. Credit Card Satisfaction Study found 56% of cardholders are ...
Debt consolidation is a commonly used strategy for combining and paying off multiple high-interest balances, usually through a balance transfer credit card, line of credit or personal loan. Be Aware: ...
Dave Ramsey has a simple formula for paying off debt, and it will cost you nothing. The hope is that by creating a realistic budget, you can immediately start knocking out your debt. If you can use ...
Many people struggle with debt. And thanks to high interest rates, rising costs of living, and other challenging financial conditions, that debt can be particularly hard to get out of these days.
Juggling multiple debt payments can be overwhelming, especially if you don’t feel like you have an ending in sight. The truth is that your debt isn’t a life sentence, and there are debt relief tools ...
You can build real financial freedom, no matter where you're starting. Most people can relate to the paycheck-to-paycheck life. Every week barely scraping by, hoping that nothing big happens that will ...
For retirees relying on Social Security, any amount of debt can feel like a heavy weight that can't be managed over the long term. These retirement benefits are designed to cover basic living expenses ...