The average American has more than $9,000 in credit card debt. While having a credit card isn’t a bad thing, letting credit card debt pile up over time can place an enormous strain on your finances. Take a look at the articles, Q&A’s, blog posts and videos we have linked to this topic for ideas on how to handle credit card debt and your personal finances.
Is Black Friday shopping worth it this year? Your Thanksgiving night might be better spent with loved ones thanks to Cyber Monday, pre-holiday sales and post-holiday extended sales. Between Thanksgiving Day and Cyber Monday, U.S. consumers will spend well over $20 billion, predicted by Adobe Analytics in their holiday sales forecast. That makes up a huge [...]
How can you save money on holiday travel? Strategic planning can spare you from financial stress over the holiday season. A vast number of Americans will travel this upcoming holiday season, if last year’s number of holiday travelers are any indication. In 2017, a record 107 million Americans left their homes to travel over the [...]
Need a credit card fast? If you choose that credit card wisely, it can reduce financial stress caused later by soaring APRs and a multitude of late fees. And remember: While credit cards and credit card debt can be a huge source of financial stress, particularly if you build up a significant balance, they can [...]
Even though you haven’t set the Thanksgiving table, some consumers are already stressing about how much money they’ll spend this holiday season. According to a new survey from Experian, holiday spending is expected to go through the roof – along with consumers’ financial stress levels. The survey found that most stress comes from unexpected expenses consumers [...]
I have counseled numerous families on how to manage their finances, and there’s been a common issue among many: how to best help an adult child with his or her financial issues, from struggling to make mortgage payments to managing overwhelming credit card and student loan debt. Adults face a tough job market today—even with [...]
Today on the Clark Howard Show, Ilyce Glink filled in. She discussed the economy, shopping, and a new scary credit card scam that has made its way to Atlanta. The revised GDP numbers are in and they stink: The economy contracted this summer. The fall quarter's numbers probably won't be any better. New home sales also fell by more than 35 percent 2007 to 2008. It looks like just 400,000 new homes will be sold in 2008 -- by far the worst number since Ilyce began writing about housing 20 years ago. She took a call from Edwin who asked about funding resources for small businesses. You can download the podcast here or at iTunes.com. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog . Sign up for Ilyce's free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. Subscribe to her YouTube channel: www.youtube.com/expertrealestatetips and friend her to be notified about new videos.
If you currently have a credit card with debt and a high interest rate, consider transferring the balance to a lower-interest credit card. Transferring your credit card debt will help you pay off your debt quicker, improve your credit history and increase your credit score. But remember to double-check that your entire balance has been completely cleared after transferring your credit card debt to a new card.
Today on the Clark Howard Show, Ilyce Glink filled in. It was Black Friday (or "bleak Friday," as the Wall Street Journal termed it), and she did her annual Deals of the Day show. She discussed what some people were looking for and put up deals at her blog. She also talked about the three car manufacturers in Detroit and how the president of Ford so far hasn't taken a paycut, despite earning more than $21 million last year. She also talked about consumer spending and how it plunged in October. Check writing scams are on the rise, according to the FBI, and Ilyce ran down how these scams typically work and what to watch out for. She answered calls about bad-apple scooter dealers, credit card interest rates, credit scores, whether it's worth an extra $40,000 to go to a brand-name school over a state school, balance transfers, inheritances, annuities, buying a house with zero down, and whether a credit card purchase would tank a credit score. To find out more, tune into the show. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. Subscribe to her YouTube channel: www.youtube.com/expertrealestatetips and friend her to be notified about new videos.