We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...
If you’re like many Americans, you have a few bills that you’d like to pay down, but find handling them a challenge. A 2025 Wells Fargo Money Study found that 50% of Americans are uncomfortable with ...
Getting rid of debt is a goal many Americans have. Not only does eliminating debt improve your financial health, but it is also likely to have a positive impact on your mental health. Assessing your ...
Don't let these four mistakes wreck your debt payoff plans in 2026. Learn how to outsmart them and ditch your balance faster.
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5 things you shouldn't do when paying off debt
Paying off debt can feel a lot like a balancing act that you can't quite get right. On one hand, it makes sense to try and chip away at what you owe as quickly as possible. On the other hand, life ...
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Save money or pay off debt first and how to choose
Rising interest rates and stubborn inflation have turned a once-hypothetical money question into a daily dilemma: should you build savings or attack debt first. The right answer can change how quickly ...
Here's a concerning stat: Americans owed $1.18 trillion in credit card debt in the first quarter of 2025, according to Motley Fool Money research. If you're adding to that number, though, fear not -- ...
With household debt on the rise, middle-class Americans are focusing on paying down mortgage, credit card and student loan debt — often at the expense of saving for retirement or creating an emergency ...
Just seven months after graduating from business school, I made the final payment on my $72,000 student loan balance. It wasn’t easy — it took extra hustle, long days and sacrifice — but I wouldn’t ...
Debt repayment apps can reduce stress and help users understand their finances to make better decisions. Most debt payoff apps are free or have a low-cost version. Be sure to select a debt payoff app ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
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