Is “Good Debt” Really Good? We often hear this advice: never go into debt for things that lose value. Credit cards, appliances, and gadgets usually fall into this category. Over time, people labeled them as bad debt. At the same time, many believe two types of debt are good debt. These include home loans and […]

Are You a Credit Junkie? Millions of Americans rely heavily on credit, including the government itself. A “junkie” is not just someone addicted to drugs. The term also describes anyone who depends too much on something. For many people, that dependency comes from using credit to buy things they cannot afford. Credit feels harmless at […]

You’re Saving Again — That’s a Win Give yourself some credit. Government data shows that many Americans have reduced debt, cut spending and increased savings since the financial crisis. In fact, personal savings have reached the highest level in years. Now comes the next challenge. How do you use those savings wisely? Where Should Your […]