Credit Card Debt

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Financial Literacy Awareness Needed by Employees

Financial literacy awareness, if done right, can help change the wealth trajectory of America’s workers and set them on a course for a comfortable retirement. Whether it is inside or outside of the 401k financial literacy awareness programs help employees’ comprehension of basic financial concepts, so they can manage their money better. It appears debt

4 Stats That Reveal How Badly America Is Failing At Financial Literacy

Do you work hard every single day but still don’t feel like your finances reflect your grind? You’re not alone. Most of us invest a significant amount of time, money and effort on getting a job but we pay very little attention to managing the money we make once we have that job. And having

How Helping Your Employees Improve Their Credit Helps Your Bottom Line

Employees around the world dread the arrival of Monday every once in a while, and some are notorious for being the last in their chairs when work starts. While these traits aren't ideal, one person's tendency to run a few minutes late likely won't drag an entire team down. What can, however, is an employee

Financial New Year’s resolutions that will pay off

It’s time for New Year’s resolutions, and what better one could Americans choose than to become financially literate in the coming year. Ever thought about Buffert.se - finance portal in Sweden? You probably should have by this point. Want to get out of that credit card debt you rang up over the holidays? How about

Here’s how long it will take Americans to pay off their Christmas debt

In the days after Christmas, Americans can be found taking down the tree, cleaning up wrapping paper, and perhaps surveying the financial wreckage of another holiday season. Shoppers in the U.S. racked up an average of $1,054 of debt this Christmas season — an increase of 5% over last year, according to a survey from MagnifyMoney,

Lin-Manuel Miranda didn’t have a credit card until he was 28

What Alexander Hamilton taught the creator of ‘Hamilton’ about money. Lin-Manuel Miranda, creator of “Hamilton,” sees a direct connection between his finances and healing the political divisions in America. The 37-year-old Pulitzer Prize-winning author and actor said one of the greatest lessons he learned about money came from writing about one of the founding fathers

Credit card debt is growing too quickly again

In quarter two of 2016, U.S. consumers accumulated $34.4 billion of debt on credit cards. Compare that with the second quarter of 2007 (six months before the start of the Great Recession) when $31.9 billion was reached. Cumulatively, Americans have effectively borrowed a total of $912 billion of credit card debt as of the end