Browsing: Debt

A while back, I explained how cash enveloping has helped me tackle my overspending problem. This budgeting method allocates specific amounts of money for variable expenses…

In its annual Financial Priorities poll, CIBC found Canadians continue to see rising costs for household goods and high interest rates as their biggest financial concerns. …

Dear Penny, My 81-year-old mom fell victim to a debt collector for a decades-old debt. They even told her she had to go to court over…

J Studios | Digitalvision | Getty ImagesIn Saïd Sayrafiezadeh’s fictional short story, “Minimum Payment Due,” the main character is trapped in credit card debt and desperate…

A woman shops at a Target store in Chicago on Nov. 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesHeading into the holidays, many Americans were already…

Manonallard | E+ | Getty ImagesMany Americans are capping off the holidays with new debt balances.This season, 36% of American consumers took on holiday debt, according…

Avoid new debt in 2025getty According to latest data from the New York Federal Reserve, total household debt in the United States has reached $17.94 trillion.…

Worried about money during a possible 2024 government shutdown? You’re not alone. Many federal workers could lose pay. Others worry about the economy. This guide can…

U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington, DC, U.S. December 10, 2024. Kevin Lamarque | ReutersThe Biden administration announced…

Dear Penny, I am interested in paying down my credit cards and making just one payment a month. How can I get started? I do not…