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Back-to-School Shopping 2021: Clothes Are Hot, Tech Is Not
August 23, 2021
A new Debt.com survey shows the hottest buys will be fashionable
Read MoreDebt.com poll: We’ll Spend More Preparing for Natural Disasters Because of COVID-19
July 16, 2021
The pandemic convinced Americans to take their safety seriously – and not just from health scares.
Read MoreNearly 1 in 3 Americans Struggle to Fill Out FAFSA, Debt.com Survey Finds
June 22, 2021
People’s biggest challenge filling it out is they don’t know all the financial information they’re asked for.
Read MoreIn the Media
Top money lessons novice investors wish they had learned soonerMedia Link
In an April survey of more than 1,000 Americans by financial adviser website Debt.com, 80 per cent said they have a budget. The survey found that 88 per cent of respondents who budget managed to stay out of debt. Users are not budgeting for minor expenses such as coffee shop runs, but are instead doing so for holidays and special events before time.
Can You Pay Your Rent with a Credit Card or Venmo?Media Link
Howard Dvorkin, CPA, the chairman of Debt.com, says, “Paying rent with a credit card can either be profitable or dangerous, depending on your [level of financial] discipline. If you always pay your bills on time, then using a rewards card can rack up thousands of extra points per year. But if you carry a balance and sometimes forget to make timely payments, then you’ll end up paying steep interest on top of your steep rent.”
How To Repair A Dangerous Credit Score RatingMedia Link
Make certain to stick to AnnualCreditReport.com, cautions Howard Dvorkin, Chairman at Debt.com. “Don’t Google it and click the first few links. You’ll be taken to websites that try to sell you financial services. The only place to get free credit reports is AnnualCreditReport.com,” he says. “Everywhere else is trying to mine your data or sell you something.”
