In the Media


10 Simple and Free Budgeting ToolsIn The Media Link

“The envelope method is a great tool for budgeting because it forces people to take control of their spending with cash in hand,” says Howard Dvorkin, CPA and chairman of Debt.com.

7 Savvy Money Moves To Make When You Get a Raise or BonusIn The Media Link

“You can ask your HR or accounting department to split your paycheck in two,” Dvorkin says. “Most of it can go to your checking account as usual, but you can shunt some of it to a savings account.”

Credit vs. Debit: The Face-OffIn The Media Link

While some debit cards offer cash back—including Discover Cash Back Debit, Neon PointCard and Axos Debit Card—the rewards programs on credit cards tend to be far richer. “And with a credit card, you can pick the type of rewards that you want,” says Howard Dvorkin, chairman of Debt.com—whether cash, travel points or discounts at a favorite retailer.

How to Prepare for Retirement: A 5 Step GuideIn The Media Link

The CPA and chairman of Debt.com, Howard Dvorkin, warned of carrying credit card debt into retirement…

Right now, [credit card] interest rates are hovering around 20%. That means you’re paying a dollar for every five you borrowed.

Buy now, pay later apps can lead to vicious debt cycles — here’s what you need to knowIn The Media Link

“People are buying ‘wants’ not ‘needs,’” Howard Dvorkin, CPA and chairperson of Debt.com, told CNBC.

Credit Utilization: Understand How It Impacts Your Credit ScoreIn The Media Link

“Credit utilization makes up such a significant part of your score because if you’re maxing out credit cards, lenders may assume that you are living beyond your means, ultimately deeming you as a credit risk,” says Howard Dvorkin, a CPA, author, columnist and chairman of personal finance site Debt.com.

5 Things to Do Now to Protect Your Money During High InflationIn The Media Link

Having a budget is always the best way to keep costs under control, and in recent years inflation has caused many Americans to take up the practice. According to a survey by debt.com, 80% budgeted their expenses in 2021, compared with only 68% in 2019.

5 Things to Do Now to Protect Your Money During High InflationIn The Media Link

Having a budget is always the best way to keep costs under control, and in recent years inflation has caused many Americans to take up the practice. According to a survey by debt.com, 80% budgeted their expenses in 2021, compared with only 68% in 2019.

Housing market already shows signs of slowing down, experts sayIn The Media Link

For would-be buyers, it may also turn out to be an opportunity if the market softens. Howard Dvorkin, a CPA and chairman of Florida-based Debt.com, says this is no time for buyers to take on a debt that may prove to be unmanageable.

“If you find yourself saying out loud, ‘I think I can stretch my budget to buy this home,’ don’t do it,” Dvorkin told ConsumerAffairs. “Your budget will be stretched after you buy a home. Don’t forget all the background expenses that go into a just-bought home – from taxes to furnishings, from repairs to maintenance.”

How to Deal With InflationIn The Media Link

“They’ll let you compare costs at different gas stations in your area,” says Howard Dvorkin, a certified public accountant and the chairman of Florida-based Debt.com. “If you have a rewards credit card, you’re racking up points that you can redeem for cash back,” says Dvorkin.