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3 Hidden Dangers of Credit Cards

Building your credit is important but using a credit card can almost be compared to playing with fire. Sure, fire can come in handy, but burn too much and that bonfire can get out of control. Did you know that the average US household credit card debt is at $15,863 (counting only the households that have credit card debt)? If …

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Financial Literacy Month Statistics: How Are We Really Doing?

In the wake of the start of financial literacy month, I found the following information to be quite intriguing. How would you rate your saving habits? Bankrate.com recently did a survey of 1,000 U.S. adults which studied how much they were saving. Those who earned between $50,000 and $75,000 saved the biggest share of their incomes. Around a fourth of …