Financial strain is becoming more and more common for retirees. These are just a few of the ways you can lessen your financial worries without having to get a big raise or take on a new side hustle to up your income.
Approximately two-thirds of U.S. households experience an unexpected event that negatively impacts their financial wellbeing, according to Pew research. So it’s no wonder the most common cause of money stress is the feeling that you’re just one financial shock away from disaster.
Debit cards are not as well protected as credit cards. And since your debit card is linked to your bank account, anyone with your debit card information can have access to all your funds. So where should you absolutely AVOID using a debit card?
I agree that having a budget is an important first step to gaining ground in your personal finances. But having a budget alone won’t fix the underlying problems that most Americans have when it comes to money.