For many households, the best return on their money is to pay down credit card debt. Whether carrying balances at 12 percent or 22 percent, credit card debt is typically the costliest debt households have.
When prioritizing your debt repayment, start with the highest-rate card first and focus on paying off the balances in descending order.
Consumers with strong credit profiles can take advantage of low credit card rates as well as zero percent, balance-transfer offers lasting 12 months or more. To shop for lower rate card offers, visit the credit card channel at Bankrate.com. You can also use Bankrate.com's debt pay-down calculator to develop a customized, month-by-month plan for repaying your debt.
Money is the top reason why couples break up. Follow these tips to merge your finances the right way.
The power of financial literacy: Learn how to make the most of your money.
Research shows the way you pay bills can be directly related to your happiness.
Do you have enough in savings to pay for an unexpected emergency?
When bringing pros in for a major home project, never take the highest bid.
Bankrate.com's Greg McBride helps a man and his family get on track to save for his retirement.
Are you reluctant to negotiate a medical bill? Here are some tips to help you slash those costs.
You may be tempted to tap your retirement funds for an emergency, but there are good reasons to avoid it.
What is the biggest fear when it comes to retirement? Jean Chatzky hits Times Square to find out the answer.
Not sure if you should file a claim? Jean Chatzky shares insight to help you decide.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
Get cost-cutting tips for buying, selling and maintaining your wheels. Delivered monthly.
Volkswagen sets up a new consumer information website for diesel owners, while many drivers worry that other automakers also have skirted EPA rules.
... Read more