Reasons
People tend to be cautious about the number of credit cards they open. More than half (51%) of Americans have either zero or one credit card, according to a credit card study by The Motley Fool Ascent. Keeping your credit cards to a minimum number is understandable, considering how expensive credit card debt can be. […]
It’s important to have savings for a variety of purposes, like emergencies and retirement. But data from the U.S. Bureau of Economic Analysis reveals that consumer savings rates are below their historical average. In February, the average personal savings rate was 4.6%. That’s well below the average yearly rate of more than 8%, according to […]
Insurance has been one of the most important necessities of our lives since time immemorial. In the modern day and age, having insurance has become more important than it was ever before. When you have a life insurance plan or any kind of insurance for that matter, you and your family can protect yourselves from […]
Saving money for retirement has long been a challenge for many families. Having enough for retirement isn’t always easy, and these days even those who have done well are having difficulty finding ways to boost their bank account. A recent survey conducted by Bankrate found that it’s even harder now than it was a few […]
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