Stretching Your Dollar: Pros and Cons of Not Having Credit Cards
Credit cards can offer many great benefits and perks but they can also be a burden for many borrowers. Scott Ferguson, certified financial planner, joined 'Stretching Your Dollar' to talk about the pros and cons of deactivating credit cards and managing debt.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
