One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, on the other hand, come with a fixed interest rate, a fixed monthly payment ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Everyone has an opinion about paying off debt, and likely ...

Dave Ramsey explains why paying off debt first is key to building wealth — even if you're young and eager to invest.

In recent years, many Americans have found the dream of homeownership challenging. For Gen Z Americans (born between 1997 and 2012), the road to achieving this dream has been paved with several ...

Being saddled with debt can be stressful, especially if you’re balancing that struggle with saving for long-term goals like growing your family or retirement. But if you do have debt, you’re certainly ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. d3sign / Getty Images Suppose you’ve just come into an extra $5,000 ...

Learn how to stay motivated, save money, and reach debt-free goals faster by keeping in mind these mistakes to avoid when ...

Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Consumer debt is reaching new heights — it increased by 18.3 billion dollars in the second quarter of 2025 — and even though the Federal Reserve just lowered interest rates slightly, it’s become more ...