Leslie Tayne, a financial attorney, joined Cheddar News with some advice for viewers on managing credit card debt, noting that one of the first steps people can take in protecting their finances is to not open too many credit cards. "If you end up with 10 or 15 different credit cards and the balances go up, any savings that you might have had with the discount to get the card is eliminated if you don't pay it off at the end of the month," she said.

Share:
More In Business
Layoffs are piling up, raising worker anxiety
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
Load More