It's that time of year to start thinking about planning a vacation, but you better think twice before paying for it with your credit card! Leanna Haakons, Founder of Black Hawk Financial, and Author of "Young, Fun and Financially Free" joins Your Cheddar to discuss how credit card debt can impact your life and where to find vacations for a discount.
Haakons explains that credit cards are a great tool to build your credit, collect points, and more...but only if you're paying off the entire balance every month. Once you get stuck with a high balance, interest rates accumulate daily and it's a hard hole to get out of. A great tip from Haakons is to set up a "set it and forget it" account to save up for vacations down the line.
So how can you have fun without breaking the bank? Haakons suggests following local bloggers who track flights and vacation packages out of your local airport. Or, you could download a coupon finder, like Honey, onto your internet browser to automatically search for discounts on any website you browse.
It appears that people are cutting back on tipping with gratuity requests spreading far beyond bars and restaurants.
New data is showing rent prices are on the decline.
If you qualify for the student loan interest deduction, you can deduct up to $2500 a year in interest paid on education debt.
The U.S. labor agency is trying to force Starbucks to reopen 23 stores that it closed allegedly to discourage a nationwide union campaign
A surge in holiday spending could help combat inflation worries.
Peacock shared the trailer for the second season of the celebrity competition show, 'The Traitors.'
Darden, the parent company of chain restaurants like Olive Garden and Ruth's Chris Steakhouse, beat Wall Street estimates in its latest earnings report.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
