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.
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Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
Taylor Swift grossed nearly $2 billion this year, according to Billboard.
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Viveca Chow, NYC lifestyle expert, spoke with Cheddar News to provide tips on how to have some festive fun in the city on a budget.
