In the News

By: KIPLINGER ADVISOR COLLECTIVE | Source: Kiplinger

“Many Americans are carrying balances on high-interest credit cards. This harmful money mindset can lead to long-term financial struggles. When individuals consistently carry balances, they accrue high-interest debt, making it harder to achieve financial stability. This not only drains resources but also perpetuates a cycle of dependency on credit, hindering savings and investments for the future.”

By: Donna Fuscaldo | Source: AARP

“Stocking up on non-perishable items like canned goods, dry goods, cleaning supplies, and household staples can save a lot of money. These items typically have a longer shelf life and will last,”

By: Emma Woodward | Source: Bankrate

“If you’re fed up with bank fees, you’ll really hate P2P loans,” “On top of the interest rate you’ll pay, there’s the origination fee, which can be as low as 1 percent but as high as 8 percent. That’s much more than a bank or credit union will charge you for a personal loan.”

By: Adriana Morga | Source: Florida Realtors

“You should talk about money, lifestyle, goals and dreams,” he said. “Because (money) affects your dreams, and if you go into a relationship with debt, your dreams may be altered.”

By: Pete Grieve | Source: Money

“If you’re forced to take a loan out right now, it probably should be a variable, in my opinion,” says Howard Dvorkin, founder of Debt.com.

By: Cassidy Horton and Ashley Barnett | Source: USA Today

“If you have access to a 401(k),” said Howard Dvorkin, chairman at Debt.com, “then that’s easily the most lucrative safe space for your hard-earned cash.”

By: Holly Johnson, Ali Cybulski & Adam McFadden | Source: CNN Underscored

“Start with the check’s issuing bank — the name of the bank printed on the check — if you need to cash a check without a bank account. For example, a check from someone who banks at Chase could be cashed at your local Chase branch, if one is available,” “The account needs to have enough money in the payer’s account to cover it, and the payee will need to show a government-issued ID to cash the check,”

By: Jean Chatzky | Source: SavvyMoney

“Extended warranties are intentionally confusing and limiting,” he explains. “If that washing machine breaks? It might be chalked up to ‘regular wear and tear,’ which is rarely covered.” If extended warranties were such great deals, he reasons, why do salespeople push them so hard? “Obviously, they’re cash cows for everyone but you.”

By: Sam Bourgi | Source: Credit News

You can’t get out of debt if you don’t understand what’s keeping you there,” Debt.com’s chairman Howard Dvorkin told Fox Business.

By: Nicole Spector | Source: Yahoo Finance

“I hate store credit cards the way the Grinch hates children’s gifts,” said Howard Dvorkin, CPA, chairman of Debt.com. “They’re so costly, they should be classified as a weapon of financial destruction.”

By: Adam Shell | Source: AARP

“These cards come with expensive offers in order to get the card into people’s hands, and that’s not by accident,” said Howard Dvorkin, a CPA and chairman of Debt.com. “It’s very enticing when you’re standing at the register and the clerk says, ‘Can I interest you in a credit card you don’t have to make payments on for a year?’ ”

By: Jessica Dickler | Source: CNBC

“there is a tremendous amount of education out there,” said Howard Dvorkin, a certified public accountant and the chairman of Debt.com. “Stay away from TikTok, stay away from Instagram,” he said.