Archive for July 2022

Rising inflation has led to a significant change in the way Americans are saving money, according to a recent Nerdwallet survey, as 7 in 10 consumers said they’re switching up their penny-pinching habits. The Bureau of Labor Statistics reported in June that inflation rose 8.6% over the last year. The survey also found consumers are keeping more money…

Really know your budget: Making the most of each dollar coming in and going out will help you stay focused as you pay off your debt. Lower your bills: By cutting what you’re paying toward bills every month, you’ll have more cash to put toward your debt payoff. Make more money: Pick up a side…

How the Federal Reserve’s rate hike impacts student loan borrowers The Federal Reserve’s interest rate hike on Wednesday and its plan to lift the rate several more times in 2022 will make borrowing more expensive for certain consumers. Some people who currently hold student loans and others planning to soon borrow for their education will…