Tag Archives | overspending
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Don’t Let Hefty Credit Card Bills Be All That’s Left When The Holidays Are Over

Enjoy the holidays, but don’t get carried away with holiday shopping. It’s easy to overspend, and 48 million Americans are still paying off credit card debt from last holiday season, says NerdWallet. 55% of credit card users carry a balance on their cards, paying interest rates of 16.86% on average, says website CreditDonkey. The average individual credit card […]

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Ex-NBA Star: What I Learned From Financial Mistakes

Ex-NBA star Antoine Walker learned the hard way when his lavish spending ended up with him in bankruptcy. Now he teaches rising young athletes about financial literacy so they don’t make the same mistakes he did. Looking back, the former player for the Miami Heat and Boston Celtics said during an interview with ThinkAdvisor magazine […]

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Are Good Times Going To Your Head (And Wallet?)

Economists say some people may be letting good times in the stock market go to their head, and their wallet. U.S. savings rates have recently dropped to a 12-year low, as Americans make record withdrawals from their investment and 401(k) accounts. Where is the money going? It’s being used to pay for everything from kitchen […]

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Credit Cards: Better Leave Home Without Them

It’s not just your imagination.  You really do spend more when you say “charge it!” The proliferation of non-cash forms of payment like credit and debit cards, Pay Pal, gift cards, phone apps, and online bank payments  is making it easier for people to spend too much money.  The temptation to overspend is especially acute for […]

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