Economy

What to do if your credit card debts increase this year

Credit card debt will likely increase by about $60 billion during 2021, even after a $56.5 billion first-quarter reduction in 2021. People trying to get rid of credit card debt should consider spending and repayment. A budget that cuts out luxuries and maximizes monthly debt payments will help.

Today is Equal Pay Day

Equal Pay Day is on March 24 this year, a date that marks how far into the year women need to work to earn the same as men did in the previous year. It was originated by the National Committee on Pay Equity in 1996 as a public awareness event to illustrate the gap between men’s and women’s wages.

Watch out for scams related to your next stimulus payment

It’s started already. The scammers are changing their pitches to include stimulus payments. The call yesterday said, due to the soon to be sent stimulus payments, credit card companies were lowering their interest rate. I could press No. 1 to get more information. What? As usual, I hung up quickly.

Facts and figures for Valentine’s Day 2021

Just over half of U.S. adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 billion. Nearly three-quarters of consumers celebrating Valentine’s Day say the pandemic will directly impact their plans for the holiday.

Happy New Year

Like most people, I’m glad 2020 is gone. However, I know that we’re going to have a lot more of the challenging stuff that happened in 2020 continuing into 2021.

Survey on Halloween spending and financial fears for 2020

About 22 million more people are having nightmares about money problems this year than last year, and about 13 million more people are scared about their kids’ financial future. A survey also found that 39 percent of people aren’t celebrating Halloween this year due to covid-19 and 85 percent plan to spend less this year than last year.

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