Statement balance vs. current balance: What’s the difference?
Your statement balance reflects how much is due at the end of a billing cycle, while your current balance is how much you owe at any given time.
4 min read
Jun 24, 2022
EXPERTISE
- Personal finance
- Credit cards
- Insurance
EDUCATION
- Bachelor’s degree in Journalism, The University of Kansas
- Master’s degree in Communication, Southern New Hampshire University
“Just like millions of Americans, I have experienced ups and downs with my personal finances. When I share knowledge and expertise about spending and saving money, it makes me feel good about helping someone who’s in the same situation that I’ve been in. Most of us don’t learn about personal finance in school – we often learn about it through trial and error. It’s my hope that somebody can figure out how to better handle their money after reading my work.”
— John Egan
Highlights
- Austin, Texas- based freelance writer and content marketing strategist
- Quoted in the Wall Street Journal, Today.com, ABC News, NPR, MarketWatch and the Chicago Tribune
- Featured in CreditCards.com, Forbes Advisor, Experian and U.S. News & World Report
Experience
John Egan is a freelance writer and content marketing strategist in Austin, Texas. He specializes in content focusing on personal finance, real estate and health and wellness. Among the outlets where John’s work has appeared are CreditCards.com, Bankrate, Forbes Advisor, Experian and U.S. News & World Report. He is the former editor-in-chief of the Austin Business Journal.
John has won awards from several organizations, including the Society for Advancing Business Editing and Writing (SABEW) and the National Association of Real Estate Editors.
“Just like millions of Americans, I have experienced ups and downs with my personal finances. When I share knowledge and expertise about spending and saving money, it makes me feel good about helping someone who’s in the same situation that I’ve been in. Most of us don’t learn about personal finance in school – we often learn about it through trial and error. It’s my hope that somebody can figure out how to better handle their money after reading my work.”
— John Egan
John's Latest Articles
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Veterans and debt
After leaving active duty, many members of the U.S. military confront debt from loans, medical expenses and credit cards.
4 min read Jun 15, 2022 -
How a new credit card can fight against inflation
Prices are rising. A rewards credit card, timed right and used strategically, can help you fight inflation.
3 min read Jun 08, 2022 -
LGBTQ+ guide to personal finance 2022
Lesbian, gay, bisexual and transgender Americans have made extraordinary strides toward equality in recent years, yet obstacles remain – including disparities in personal finance.
7 min read Jun 07, 2022 -
Credit card interest rate forecast for 2022: Slow climb continues
See Bankrate’s predictions for where credit card rates will head this year.
3 min read Jan 03, 2022 -
How returning to the office can impact your finances
As workers return to offices, many are giving a second look at workplace-related personal expenses.
7 min read Sep 20, 2021 -
Biden taps former student loan watchdog to lead CFPB
Rohit Chopra, a member of the Federal Trade Commission, once served as the federal government’s student loan watchdog. Now, he’s preparing to take on a bigger role—the federal government’s watchdog [...]
2 min read Jan 19, 2021 -
Despite COVID, credit card debt sinks to lowest level since 2017
During the pandemic-created recession, when millions of Americans are strapped for cash, you’d think that more of us would turn to credit cards to help tide us over. It appears that just the opposite [...]
2 min read Dec 01, 2020