Be Well: What to Know About Managing Credit Card Debt
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.
Cetera Holdings CEO Mike Durbin sits down with Cheddar to discuss the important of financial planning, investment strategy and the state of today's market.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.
