Financial Planning 101

What happens when you close a credit card?

The decision to close a credit card can be sparked by streamlined finances or wasted benefits, but there are also some negative factors to be considered.

Inflation battered retirement savings in 2022

A new study by financial services giant TIAA found inflation forced 1 in 4 Americans to slash the amount they were saving for retirement last year, adding to a mounting crisis.

The pros and cons of buy now, pay later

While buy now, pay later plans offer financial flexibility, they introduce a high risk of debt, and can leave the user unprotected if something goes wrong.