Dvorkin on Debt

Research from The Federal Reserve suggests it can determine your income and wealth by age. Its report found a correlation between the economic climate of the decade you were born, and the wealth you have accrued to date.

If they're not careful, what millennials don't know about money might also kill them. They underestimate the need for health insurance, keeping housing costs down, and financial planning for the loss of their parents.

Where will credit cards be in 5-10 years? Probably nowhere good. Credit cards have become so important to our daily lives that we might as well consider them like a cell phone. Can you imagine living without either? Yet both are more confusing than they need to be.

You can save a lot of money online shopping on Amazon Prime Day. However, Amazon makes it a little tricky. The date isn't the same every year and the deals change rapidly. Be careful and only buy what you need.

The Federal Reserve rate hike sounds intimidating and confusing, but here is the bottom line: If you don't pay off your credit cards every month, you'll probably pay more.

A new study says the lower your socioeconomic status, the greater the changes in your brain. It's yet more evidence of a link between debt and mental health.