Personal debt

Student debt in the U.S. has ballooned to over $1.7 trillion since Congress first allowed college students to borrow from the government in 1958. This debt has varying effects on students, workers and the larger economy."We see the student…

Shoppers fill a Target Store on a Black Friday in Chicago.John Gress | Corbis Historical | Getty Images"Buy now, pay later" has become a popular payment tool among young consumers, replacing standard bank credit cards. And this year, the…

Pedestrians carry Nike shopping bags in San Francisco on Sept. 16, 2021.David Paul Morris | Bloomberg | Getty ImagesNearly 1 in 3 Americans expect to take on debt this holiday shopping season, a survey from Credit Karma found.The Covid-19…

eyetoeyePIX | E+ | Getty ImagesA frequent question that I get asked as a financial advisor revolves around paying off debt versus investing when the opportunity arises.Typically, someone has some extra money as the result of a bonus, tax…

California Gov. Gavin Newsom drew 10 winners in Universal City, California, on June 15, 2021, as part of the final cash prize drawing in California's $116.5 million Vax for the Win vaccine incentive program.Jay L. Clendenin | Los Angeles…

kate_sept2004 | E+ | Getty ImagesThe recovery from the Covid-19 pandemic has been slower than a lot of people expected.For many Americans, that means their incomes are not yet back on track or may have suffered again during the onset of the…

miniseries | E+ | Getty ImagesSetting up a household budget and sticking to it can be challenging. Impulse shopping doesn't make it any easier.About 42% of consumers say they are worsening their financial situation by doing things like…

Pedestrians sit in the outdoor dining section of a restaurant in the SoHo neighborhood of New York, U.S., on Wednesday, May 19, 2021. Photographer: Nina Westervelt/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesAs the economy…