Financial Wellness Blogs - Page 1

Debt-free living can feel out of reach, but many people achieve it with the right plan and consistent habits. Becoming debt free isn't about perfection; it's about understanding your finances, making intentional decisions, and sticking with a strategy that works for you. The practical steps below can help you build a lasting debt-free lifestyle and take control of your financial future.

Most people need to borrow money at some point, whether for a car, a home, an emergency, or a major purchase. Yet despite how common borrowing is, many of us never learn how to borrow safely or choose the right type of loan. If your credit score isn’t perfect, borrowing can feel even more confusing. The good news: there are safe, responsible ways to borrow money even with less-than-ideal credit. Here’s how to navigate your options and protect yourself in the process.

Every January, New Year’s Resolutioners flock to gyms across the U.S. to get in shape for the new year. Doesn't it make sense to pay as much attention to your financial fitness as your physical fitness?

Cutting expenses doesn’t always mean making big sacrifices. Often, small adjustments to everyday spending can free up money for savings, debt repayment, or future goals. Many common bills—like groceries, utilities, subscriptions, and phone plans—can be reduced with simple changes. If you’re wondering how to cut expenses without hurting your lifestyle, these practical ideas can help lower your monthly costs.

When you need cash fast, a credit card cash advance can feel like a quick fix. But advances come with higher rates, fees, and interest that starts on day one. If you’re already carrying balances, a cash advance can make it harder to become debt-free. Here’s what to know about cash advances, plus less risky alternatives you can try.

The 2020 global pandemic locked up economies and limited the use of cash. As the circumstances forced more people to use plastic, fraudsters found more opportunities to steal identities and commit credit card fraud.

As summer ends, it’s time for back-to-school shopping. Start by defining a budget, and involve your kids in the budgeting and shopping process.

Regardless of your lifestyle, as you go from childhood to adulthood and then grow older, you encounter several milestones that define your life. You may get married, start a family, buy a home, buy a car, start a business, etc. These major life events have one thing in common: they all cost money.

Credit card fraud is one of the most frequent types of identity theft in the US. Prior to 2020’s unprecedented rise in fraud related to application for government benefits (likely as the result of COVID-19-related fraud), credit card fraud topped the list of identity theft types by a wide margin for multiple years in a row.

Close to half a million people fall victim to credit card fraud in the US every year. Learn what credit card fraud is and how you can guard against it.