The concept of credit can be complicated. People sometimes confuse the words debt and credit because they both have to do with borrowing money.
A simplified way to tell them apart is to think of credit as the ability to borrow money and repay it later, while debt is the money you already owe or have to repay.
Scammers take advantage of people during times of fear and uncertainty — and the COVID-19 pandemic is no different. While federal rental assistance is being rolled out to communities across the country, scammers are actively using this opportunity to prey on consumers in need, by pretending to be someone they’re not...more...
Have you ever said to yourself, “Where did all my money go?” Most people underestimate their spending by about twenty percent. The average millennial spends about $3,500 a year on coffee. That is more than they are putting into their retirement plans! Setting financial goals and having a household budget are core life skills.