You have a little bit of margin in your budget…GREAT! So what do you do now? Should you pay off debt or save? Keep reading to ...

Even in a favorable economy, owing $30,000 in debt can feel overwhelming. But it's even harder in a challenging economy with elevated interest costs. That's especially the case now, with average ...

According to an Experian consumer debt study, the average debt of Americans in 2024, including mortgages, credit cards, and auto, personal and student loans was $105,056. Tackling thousands of dollars ...

Many people try debt pay-off methods that don’t work effectively. Rachel Cruze, a Ramsey Solutions personality and financial expert, said some debt pay-off methods are better than others. She recently ...

Olivia is 24 and settled into a good first job. She wants to be wise with her money. However, she also has $85,000 in student loan debt. She explains, “I’ve heard it’s best to pay off debts before you ...

Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

The “snowball method” is going viral on TikTok, with its creator claiming it’s the fastest way to pay down debt. Dave Ramsey, the famed finance expert who is the brains behind the budgeting hack, ...

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Olivia Peluso is an experienced journalist with over 1,500 published stories across personal finance, economics, and public policy. Pekic / Getty Images Tax refunds aren't free money. They're ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Americans owe more than ever before. In the first quarter ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...