I was recently interviewed by AP reporter Shaila Dani regarding the new law that goes into effect next February to curb credit card incentives for college students and new rules for the under-21 group and their parents. Continue reading
Clearly, credit card debt is a problem. In the last 12 months, 15 percent of American adults, or nearly 34 million people, have been late making a credit card payment and 8 percent (18 million people) have missed a payment entirely. Continue reading
Cash gets a bad rap from people who think that kids must learn to use plastic to succeed in our economy. The rule in my world is coin before currency before checking before debit before credit. Each must be mastered before moving on to the next level. Continue reading
