Debt free millennials

A new study from has found that 63% of Millennials in the U.S. – those between the ages of 18 and 29 – don’t have a single credit card.


I’ll admit: I was initially surprised by this new data. At first blush, I wouldn’t have guessed that young adults would be opting out of credit cards in such high numbers.


But upon deeper inspection, there are a number of things that explain what’s going on, as I explained during a recent appearance on this topic on CNBC.

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A reader on wants to know what to do about debt she can no longer afford to pay due to the loss of the family’s primary breadwinner. [continue reading…]

How to Keep Hackers From Ruining Your Financial Life


Hackers have victimized tens of millions of Americans lately by stealing personal information ranging from credit card accounts to Social Security numbers.


With such information, a hacker or identity thief can open new loans or accounts in your name, file a fraudulent tax return, or even empty your bank accounts of cash.


Unfortunately, there have been numerous high-profile data breaches at a wide range of well-known corporations and organizations, including Home Depot, Target, Best Buy, J.P. Morgan Chase, and even Goodwill, the non-profit that accepts donations and sells second-hand clothing through its stores.


While consumers don’t have much say-so over how well companies and organizations store personal data, you do have plenty of control over how well you protect your own mobile devices and data stored on the cloud. [continue reading…]

College Grad

The first year of college is an exciting time for most students, but the lifestyle change can cause some anxiety and stress.

Living away from home also means college freshmen need to manage their own budgets and make smart money decisions.

Studies show that one of the reasons many students drop out of college is because they run out of money or find themselves too deep in debt too soon.

Here are five budgeting essentials college freshmen need to know. [continue reading…]