Financial News Features

Debt.com polled a thousand Americans, and most participants said that they are now tracking their finances, and their budgeting habit has helped them get out and stay out of debt.

“Sometimes people with poor credit scores don’t get jobs. Because their job is offered on their ability to handle their finances, and a poor credit score shows that they can’t,” Dvorkin said.

"Consumers are going to spend as much as they did last season, but they are limiting the people they're spending on. They only have a certain amount of money, so they have to tighten that list of who they're buying presents for," said Howard Dvorkin, chairman of Debt.com. "Because of the increased pricing, their dollars won't go as far as they did last year."

“The IRS lowers your taxes by raising the standard deduction,” said Howard Dvorkin, CPA and chairman of Debt.com. “Think of it as a chunk of your money the IRS ignores. This year, the IRS will hike the standard deduction by around 7%, depending on your circumstances.”

“CPAs and doctors have one thing in common,” says CPA Howard Dvorkin, chairman of Debt.com. “We see the same symptoms in people. Headaches, ulcers, high blood pressure, chest pain, obesity, anxiety, depression, panic attacks. You name it, I’ve seen it.”

Some of that speculation falls into the eye-opening category.Debt.com Chairman Howard Dvorkin has been tracking BNPL trends since the buy now, pay later revolution broke out. Here's his outlook on what's next with BNPL.