Everything I Wish My Dad Had Taught Me About Debt
This is the second post in the Quicken Blog mini-series Everything I wish My Dad Had Taught Me About Money. Have Americans finally learned our lesson when it comes to debt? We’re carrying less today than we were last year at this time. The Federal Reserve says that U.S. households carried $945.9 billion in revolving debt in March, down from $957.3 billion in last year’s first quarter. Hear a few tips on what you can teach your kids or yourself about debt management.
Read more >Tags: father's day, get out of debt | Categories: Debt, Personal Finance |
Your Creditor Can't Be Trusted: And That's Nothing New
The ugly truth about credit cards is that creditors can raise your rates or impose fees with little to no warning. In fact, they often do. Researcher TowerGroup says that consumers paid $14.6 billion in late fees and penalties during 2008.
Read more >Tags: credit card, get out of debt | Categories: Credit, Debt |
Move Beyond Minimum Payments in Tight Times
If debt piling up and you find it difficult to make more than the minimum payment each month, it’s time to start finding other sources of money to help speed up your debt repayment. Paying just the minimum may keep you from racking up late fees, but it will often take decades and thousands of dollars in interest before the debt is paid off. Even an extra 20 bucks on each payment can go a long way in getting you out of debt sooner and save a lot of money in finance charges.
Read more >Tags: get out of debt, stimulus package | Categories: Debt, Saving |
Podcast: How to Manage Debt
A new Quicken podcast is available. In this podcast, we discuss how to manage and pay off your debt.
Read more >Tags: get out of debt, money management | Categories: Debt, Podcasts |
