Credit card crisis during the pandemic

Credit card crisis during the pandemic

It is slowing down but still far from over.WalletHub statistics show that in the first quarter of 2021, Americans paid off a whopping $56.5 billion in credit card debt.   Personal finance website found that the U.S. credit card debt delinquency rate was 1.22%, and...

Money Wellness

Money Wellness

Financial wellbeing is achieved when people are in control of their money and their livesRetail therapy can send dopamine to your brain, making you feel like all your problems have melted away. But at the end of the day, your dopamine high will be cut short by the...

Emergency fund in times of needs

Emergency fund in times of needs

It's never too late to start an emergency fundIf there’s anything the past year has taught us, it’s that life can be quite unpredictable. With many people losing their jobs, experiencing rising costs of living and high medical bills, having an emergency fund can help...

Emergency fund in times of needs

Saving money during COVID-19 pandemic

A cushion of savings will come in handy during Covid-19 pandemic. According to Living Facts, as of January 2021, 31% of Americans stated that they or someone they live with has taken a pay cut due to the economic effects of COVID-19. This means that it’s getting...

Holiday Gifting During COVID-19

Holiday Gifting During COVID-19

The holiday season is not only a season of gifting but also the season of stressful spending. It can be stressful to plan the holiday season, especially during a pandemic. Create and stick to a holiday budget to avoid shopping mistakes. Planning a holiday spending...