Monthly credit card statements are causing consumers ongoing stress and concern. After years of high inflation and rising interest rates, consumers are having trouble keeping up with their credit card ...
Credit cards can be useful tools, but they can also lead to financial ruin. According to the Federal Reserve, the average rate paid on credit card accounts that were assessed interest is 22.83%. At ...
The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the ...
As the Federal Reserve decides its federal funds rate, here’s how it ripples through the economy and influences your finances.
Having $30,000 in your savings is a great emergency fund, but if it’s sitting in a traditional bank account earning nearly 0% interest, you’re missing out on growth.