What do you spend your money on? “The best credit cards to consider before retirement depend on your plans and goals,” said Melanie Musson, insurance and finance expert at Clearsurance.com. “If you ...
An estimated 46% of U.S. households have credit card debt, according to the 2022 Survey of Consumer Finances. The average household owes $7,226 in credit card debt and pays an average of $181 a month ...
Credit card debt is the most common type of debt carried by older adults. High-interest debt means spending more of your budget on servicing the debt than building your future. Significant credit card ...
Nearly 93% of retirement-age Americans carry credit card debt. Tapping into your retirement account is likely to compound your problems. Tackling credit card debt may begin with speaking to your ...
Overwhelmed by out-of-pocket medical costs, Valerie Towe and her husband, Paul, saw their debt load begin to swell last year. Facing a steady stream of bills for 77-year-old Paul’s chronic obstructive ...