Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...

Financial therapists recommend small steps at your own pace, including engaging in comforting routines, finding a support buddy and celebrating progress with treats. Many or all of the products on ...

When it comes to getting debt-free, the right strategy can make all the difference. There are a lot of potential tools and resources that could help you take control of your finances and find debt ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debt can be a significant source of stress. For example, ...

Start by paying off your smallest debt first while maintaining minimum payments on others. As each debt is paid off, roll the amount you were paying into the next smallest debt. This method builds ...

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

Paying off debt requires commitment and patience. You'll need to carefully review your current debts, spending and budget and understand the available options you have at your disposal. With this ...

MEMPHIS, Tenn. - Americans owe more than one trillion dollars of credit card debt. Memphis is home to the highest rate of severe credit card delinquency among young adults, according to Federal ...

Retirement can be a time to pursue hobbies, spend more time with the people you love, and travel whenever the mood strikes. Carrying debt into retirement may not be ideal, especially if it prevents ...

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...

Depending on what type of debt and how much of it you have, debt can hamper you financially in retirement, eroding your fixed income. A recent study from Vanguard found that, of all the generations, ...