The Motley Fool

FEBRUARY 15, 2024

This is especially true for tackling one of the most common challenges we face: managing our debts. Let's face it, debt can sometimes feel like a never-ending spiral, but it doesn't have to be that way. With a little bit of strategy and a lot of determination, reducing debt is not just a dream -- it's a goal we can achieve.

Debt 245

Debt Financing Finance Financial Services 245

The Motley Fool

FEBRUARY 20, 2024

Indeed, Carnival (NYSE: CCL) had to take on massive debt to stay in business, as its debt ballooned from just over $12 billion in fiscal 2019 to nearly $36 billion by the end of fiscal 2022. But what about the debt? Admittedly, the debt was the primary reason I was previously bearish on Carnival.

Debt 246

Debt Returns Investors Capital 246

The Motley Fool

APRIL 21, 2024

Bank of America 's (NYSE: BAC) metrics can provide investors with some valuable insights about consumer spending and the overall strength of consumers based on their ability to repay their debts. Bank of America Chief Executive Officer Brian Moynihan has been vocal about the strength of consumer spending last year.

Banks 246

Banks Debt Assets Returns 246

The Motley Fool

MAY 24, 2024

If you're part of that 73%, and if the cause of your stress is debt, don't despair. Debt is a temporary situation. After all, you have better things to do than worry about debt. Avalanche method The debt avalanche focuses on paying off debts with the highest interest rates first. Pay bills as usual.

Debt 130

Debt Financing Finance Banks 130

The Motley Fool

FEBRUARY 8, 2024

Many have difficulty saving enough to cover their basic living costs, and some are struggling under the weight of mortgages, credit card debt, medical bills, and more. Even a small amount of debt can be stressful for those who weren't able to save much throughout their careers. And I'll be honest: There's not always an easy fix.

Debt 246

Debt Collateral Financing Finance 246

The Motley Fool

MAY 9, 2024

Image source: Getty Images For many moms, juggling child-rearing, work, and household management is tough enough without the added burden of debt. Yet debt is a reality for many. In fact, in 2023, the typical American held $21,800 in personal debt, not including mortgage loans. This is known as the debt snowball method.

Debt 130

Debt Financing Finance Banks 130

The Motley Fool

MARCH 16, 2024

Image source: Getty Images At the start of 2023, many people were worried about an economic recession. But now that we're further along into 2024, some may be worried about the potential for a downturn to occur this year. Next, try to eliminate as much high-cost debt as possible. Thankfully, that didn't come to pass.

Debt 246

Debt Financing Finance Accounting 246

The Motley Fool

MAY 5, 2024

Image source: Getty Images Let's face it, managing debt is no picnic for anyone. Interestingly, while men hold about 2% more credit card debt than women, women find themselves carrying almost two-thirds of the country's staggering $1.54 trillion educational debt. But there's a silver lining here.

Debt 130

Debt Education Leveraging Assets 130

Private Equity Insights

APRIL 12, 2024

Ares Management is leading a group of private credit firms including Oak Hill Advisors, providing a debt package of over $1.2bn to CentralSquare Technologies as the software developer looks to refinance its debt. The report cites unnamed people familiar with the mater as revealing that the financing includes a $1.1m

Debt 130

Debt Private Equity Firms Private Equity Firms Asset Management 130

The Motley Fool

MAY 11, 2024

On top of that comes news that many teens are also stressed out about money. According to a survey by fintech company Greenlight Financial Technology, "76% of Gen Z teens are just as stressed about money as their Millennial (76%) and Gen X (75%) parents." (Gen Gen Z encompasses those aged 12 to 27 these days.) No Excuses.

Education 246

Education Financing Finance Debt 246

The Motley Fool

MAY 20, 2024

Image source: Getty Images For many moms, juggling child-rearing, work, and household management is tough enough without the added burden of debt. Yet debt is a reality for many. In fact, in 2023, the typical American held $21,800 in personal debt, not including mortgage loans. trillion educational debt.

Debt 130

Debt Financing Finance Banks 130

The Motley Fool

AUGUST 23, 2023

Image source: Getty Images When consumers stop paying their debts , those debts are often turned over to collection agencies who then take over the process of attempting to recoup that money. Debt collectors are allowed to contact you in an effort to get repaid. It's the job of debt collectors to try to collect money.

Debt 246

Debt Legal 246

The Motley Fool

FEBRUARY 18, 2024

The dream project quickly became a financial nightmare, ending with a credit card debt of $50,000. According to the Household Debt and Credit Report from the Federal Reserve Bank of New York, this is a common predicament. As the debts mounted, so did the pressure. And Dodson is not alone in his struggle. Learn more here.

Debt 241

Debt Financing Finance Banks 241

The Motley Fool

SEPTEMBER 2, 2023

This is even the case when it comes to paying off credit card debt. After paying off a big chunk of debt last year, I'm a fan of the "debt snowball" method. Creating a debt snowball consists of making a list of your debts by amounts owed, smallest to largest. For the motivation Paying off debt is hard.

Debt 246

Debt Financing Finance Accounting 246

The Motley Fool

DECEMBER 14, 2023

NextEra Energy Partners (NYSE: NEP) , the debt-laden subsidiary of NextEra Energy (NYSE: NEE) , just refinanced about 11% of its debt, but the cost to pay that debt went up 71%.

Debt 246

Debt Returns Portfolios Investors 246

The Motley Fool

AUGUST 20, 2023

Image source: Getty Images It's not uncommon for most people to carry some sort of debt. So if you're in the latter category, you may be fairly stressed about it. Featured offer: save money while you pay off debt with one of these top-rated balance transfer credit cards You're not alone. This is called the debt avalanche method.

Debt 130

Debt Financing Finance Funds 130

The Motley Fool

AUGUST 23, 2023

The average student loan debt among the class of 2022 is $37,172 per borrower. With that in mind, here's a rundown of the college majors that result in the highest median student debt upon graduation and a couple of key takeaways. The 10 college majors with the worst student loan debt I won't keep you in suspense.

Debt 245

Debt Education Returns Investors 245

The Motley Fool

APRIL 29, 2024

The team highlighted three things investors need to know about the company's dividend. Exxon's consistent approach to the dividend The CFO also spoke directly about how Exxon views its dividend. She highlighted three things investors needed to know about the payout: It needs to be sustainable. It needs to be competitive.

Shareholders 243

Shareholders Capital Debt Returns 243

The Motley Fool

APRIL 7, 2024

A new survey from Trustpilot conducted by Attest asked Americans about their biggest fears when filing taxes in 2024. You can set up a short-term or long-term payment plan with the IRS to pay off your tax debt -- but you will have to pay interest and fees based on the amount of tax you owe and the duration of your payment schedule.

Taxes 242

Taxes Debt Financing Finance 242

The Motley Fool

DECEMBER 6, 2023

Image source: Getty Images The vast majority of Americans are in debt. Being in debt isn't necessarily a bad thing -- it depends on the kind of debt To understand why it's not necessarily a problem that so many Americans are in debt, it's helpful to look at exactly what we collectively owe. In 2022, 77.4% Here's why.

Debt 246

Debt Taxes Assets Accounting 246

The Motley Fool

FEBRUARY 18, 2024

Unfortunately, while cards are popular and can be a great tool if used correctly, many people don't really understand some key details about their cards that could impact what they do with them. Knowing your credit card's APR can help you to see whether you really want to take on the high costs of credit card debt. 27 months $6,302.15

Debt 244

Debt Accounting Returns Funds 244

The Motley Fool

MAY 14, 2024

Credit card debt is also pretty normal. They would take more than 30 years to become debt-free by paying only the minimum, and would pay a grand total of $36,610.75 What should you do if your credit card debt or utilization ratio is too high? You can take control of your debt situation. before the card was fully paid off.

Debt 130

Debt Taxes Banks 130

The Motley Fool

JUNE 19, 2023

Image source: Getty Images Credit card debt is, unfortunately, a common issue for many people. Since credit card interest rates are usually high, a debt problem can quickly get out of control and negatively impact your personal finances. For those with existing credit card debt, it's essential to tackle it quickly.

Debt 246

Debt Financing Finance Accounting 246

The Motley Fool

MAY 6, 2024

Real estate is the largest segment of the portfolio at 26% of assets, followed by financials at about 21% and utilities at 18% or so. Dividend Equity ETF is about yield and quality For starters, Schwab U.S. Together these three sectors account for nearly two-thirds of the portfolio. Schwab U.S. while Schwab U.S.

Exchange-Traded Funds 246

Exchange-Traded Funds Portfolios Assets Accounting 246

The Motley Fool

MAY 10, 2024

Image source: Getty Images When you have a limited amount of money to go around, you have to make choices about what to do with it. If you're among the millions of people with credit card debt , you need to really weigh the pros and cons before moving forward with CDs. Does it ever make sense to buy a CD when you have credit card debt?

Debt 130

Debt Accounting Return On Investment Funds 130

The Motley Fool

APRIL 22, 2024

Despite this impressive performance, some investors might worry that this dominant tech enterprise carries $108 billion of long-term debt on its balance sheet. Can Apple afford this massive amount of debt? Sizing up the debt burden Investors can look at some key metrics to determine whether a business is able to handle its debt burden.

Debt 130

Debt Assets Returns Capital 130

The Motley Fool

SEPTEMBER 23, 2023

It's easy to think of student debt as a young person's problem. But actually, the number of people aged 60 and older who carry student loan debt has increased six-fold since 2004. But retiring with student loan debt could have serious consequences. It's a great thing to want to help your kids and minimize their debt load.

Debt 246

Debt Education Taxes Financing 246

The Motley Fool

JULY 2, 2023

Halted cruising operations led to a loss and ballooning debt -- and prompted many investors to jump ship. Still, debt looms large, topping $30 billion. But there's one number from Carnival's recent earnings report that, if you're wary about the cruise giant, could completely change your opinion. Let's check it out.

Debt 244

Debt Returns Investors Companies 244

The Motley Fool

APRIL 27, 2024

Granted, the index is still up on the year, but with many stocks still trading at high multiples, some investors may be concerned about further downward pressure. If you're worried about a stock market sell-off, you may not exactly be looking at what stocks to buy. billion, while its term debt was $106 billion.

Stock Market 246

Stock Market Stock Market Leveraging Banks 246

Private Equity Insights

DECEMBER 15, 2023

Blackstone Real Estate Debt Strategies and Blackstone Real Estate Income Trust partnered with Miami, Florida-based Rialto Capital and the Canada Pension Plan Investment Board to make the successful $1.2bn bid for the 20% interest in a joint venture set up by the FDIC to hold the failed bank’s $16.8bn in commercial real estate debt.

Stakes 225

Stakes Debt Bidding Law Firms 225

The Motley Fool

APRIL 16, 2024

Image source: Getty Images Many people routinely take on debt. But while it's one thing to subject yourself to debt, it's another thing to put your loved ones in a position of having to pay it off in your absence. And among people who expect their loved ones to inherit their debt if they die, 21% have no life insurance coverage.

Debt 130

Debt Financing Finance Accounting 130

The Motley Fool

JULY 17, 2023

trillion (yes, trillion with a "t") debt ceiling, sending the U.S. For some people, this was the first time they've dived into the debt ceiling issue. What is the debt ceiling? Established in 1917, the debt ceiling is the maximum amount the federal U.S. defaulting on its debt would put into question the security of U.S.

Debt 130

Debt Legal Stock Market Stock Market 130

The Motley Fool

DECEMBER 23, 2023

Paying off debt is the most common financial goal, according to The Ascent's recent survey , and for many, this includes credit card balances. It's a worthwhile goal because eliminating debt can improve your credit and reduce your stress. Come up with a strategy There are a few ways to eliminate credit card debt.

Debt 240

Debt Collateral Companies 240

The Motley Fool

MARCH 6, 2024

Image source: The Motley Fool/Upsplash When I realized I had $9,000 worth of credit card debt a few years ago, my first instinct was to cut expenses. Featured offer: save money while you pay off debt with one of these top-rated balance transfer credit cards I quickly grew frustrated because I wasn't making fast progress on my debt.

Debt 147

Debt Taxes Financing Finance 147

The Motley Fool

MARCH 25, 2024

Image source: Getty Images A double whammy of higher interest rates and increasing levels of credit card debt means Americans paid over $100 billion in credit card interest in 2022. Those higher rates make it harder for consumers to pay down debt, in some cases meaning they get stuck accruing more interest and fees that they can't pay.

Debt 246

Debt Companies 246

The Motley Fool

MARCH 25, 2024

And given that about 14 million adults in the U.S. have medical debt in the amount of $1,000 or more, you're certainly not alone if you're struggling with the high costs of healthcare. But here are three risks you need to know about before you apply for a medical credit card.

Debt 130

Debt Financing Finance Companies 130

The Motley Fool

FEBRUARY 23, 2024

Here's what GE shareholders need to know about the company, which will receive stock soon. Investment-grade debt Management has already achieved its aim of preparing both GE Aerospace and GE Vernova to have investment-grade debt. That's excellent news for GE Vernova, as it will start life as a loss-making company.

Debt 243

Debt Earnings Before Interest Amortization Depreciation 243