August 10, 2023 – By Sahaj Kaur Kohli Dear Sahaj: Recently, my husband and I moved to the United States to live closer to his parents (my parents died a few years ago). We have struggled to make enough income to cover our monthly expenses and are watching our ... Read More »
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August 2, 2023 – By Medora Lee You’ve finally found enough money to pay your college tuition, but what about everyday living expenses? It turns out these costs, not tuition, are the major obstacle to earning a college degree, according to a 2021 study by the Center of Urban Future. ... Read More »
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July 21, 2023 – By Holly Johnson The Federal Trade Commission (FTC) says Americans lost nearly $8.8 billion in 2022 to various schemes, including imposter scams, investment-related scams and fake business and job opportunities. And that figure doesn’t even encompass all the fraud that occurred — only ... Read More »
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Boston, MA – July 20, 2023 Mobile smartphone apps for personal finance management are surging in popularity and use among American consumers, according to the American Consumer Credit Counseling, Inc (ACCC) Financial Health Index for the Second Quarter of 2023. The survey and analysis of household ... Read More »
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July 17, 2023 – By Elaine Glusac As the unofficial end of summer, Labor Day warrants a salute to vacation season and all its breezy, bonding glory. Though many Americans will travel, most experts say it won’t be as crowded as peak summer holidays. “People start getting ... Read More »
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July 7, 2023 – By Nicole Spector We may be a country sorely lacking in financial literacy, but we all have one core principle ingrained in us: We must have an emergency savings fund. In theory, it sounds pretty simple: You make a certain amount of income and ... Read More »
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Boston, MA – June 21, 2023 Americans are gearing up for a busy summer vacation season even as prices for air and rail travel, hotel stays and goods and services remain high. Sticking to a vacation budget is always a challenge: even more so with elevated costs ... Read More »
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Boston, MA – June 9, 2023 Powered by American Consumer Credit Counseling, Inc, CreditU, an unparalleled one-stop-shop for all financial needs, revolutionizes the landscape of personal finance with its state-of-the-art AI technology and human expertise integration. Empowering users with effortless financial management, the app provides instant ... Read More »
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Boston, MA – May 30, 2023 Impulse spending has never been easier and more tempting. Consumers in the U.S. and worldwide have instant access to tens of millions of products through smartphone shopping apps such as Amazon, eBay, Etsy, and many more. But the cost of ... Read More »
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May 24, 2023 – By Heather Taylor Many people dream about retirement, that next chapter of life where you can explore your dreams and enjoy a comfortable lifestyle. Living in retirement, however, often looks quite different on a day-to-day basis, as retirees are not immune to facing financial ... Read More »
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May 4, 2023 – By Josephine Nesbit There’s a big dip in Americans’ savings account balances as inflation continues and wage growth slows. A new JD Power survey revealed bank customers with more than $10,000 in deposit balances at their primary bank declined to 28% from 44% last year, and those with under ... Read More »
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Boston, MA – May 1, 2023 Moonlighting. Second jobs. Gig work. Side hustles. Earning extra income outside of a full-time job has become a way of life for many Americans as opportunities have exploded thanks to remote work lifestyles, app-based delivery, gig jobs, and easy-to-start entrepreneurial ... Read More »
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Boston, MA – April 24, 2023 American households are experiencing a cash crunch and putting little money away for emergencies – with some consumers reporting they would be unable to access even $100 in a pinch, according to the American Consumer Credit Counseling, Inc (ACCC) Financial ... Read More »
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April 17, 2023 – By Sarah Brady If you’re working toward more than one financial goal, you might be wondering, “How many savings accounts should I have?” It may be easier to manage just one, but opening a separate savings account for each financial goal can help you track, ... Read More »
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March 31, 2023 – By Adam Shell A tax refund is akin to a windfall. It’s like getting a big raise, a bonus at work or winning a scratch-off jackpot. But going on a reckless spending spree with the cash is a personal finance no-no. You’re much better ... Read More »
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Boston, MA – March 30, 2023 The golden age of the American college experience may have finally passed, as enrollment in higher education continues to decline. But even as more individuals and families are opting out from the cost of college, the challenge of footing the ... Read More »
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Boston, MA – March 22, 2023 New data compiled by American Consumer Credit Counseling,Inc (ACCC) shows more people across the U.S. with higher incomes and advanced degrees are enrolling in debt management programs to help relieve financial stress on their households. The trend is emerging as ... Read More »
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March 14, 2023 – By Heather Taylor Exactly how much does Gen Z have in savings? GOBankingRates reviewed two separate surveys — a freeform survey and its Best Banks 2023 survey — asking how much overall respondents including Gen Zers have in their savings accounts. Below is ... Read More »
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Boston, MA – February 17, 2023 The cost of driving in America may be at an all-time high between fuel prices, expensive maintenance, and staggeringly high sticker prices on new automobiles. American Consumer Credit Counseling, Inc (ACCC) is advising its clients and consumers nationwide on money-saving ... Read More »
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February 16, 2023 – By Erica Sandberg Whether cash is tight or not, it always makes sense to avoid overpaying for the things you want or need. When you do need to be careful with your money, however, taking advantage of what’s available for free is important. ... Read More »
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February 15, 2023 – By Heather Taylor How much do you currently have in your savings account? For nearly a third of average Americans, this number is $100 or less. GOBankingRates recently surveyed 1,000 Americans ages 18 and older to learn more about their banking practices, and found ... Read More »
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Boston, MA – February 3, 2023 American Consumer Credit Counseling (ACCC) announced today that the non-profit credit counseling agency has been awarded the 2022 Best of Better Business Bureau Award. It was the second consecutive year that ACCC was recognized by the BBB for superior customer service ... Read More »
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January 31, 2023 – By Heather Taylor How much do you currently have in your savings account? For nearly a third of average Americans, this number is $100 or less. GOBankingRates recently surveyed 1,000 Americans ages 18 and older to learn more about their banking practices, and found ... Read More »
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January 23, 2023 – By Aubrey Chapnik Growing up, my parents talked about debt a lot. I frequently found myself privy to discussions about how they planned to finance the needs of our family, including housing, cars, schooling for my sister and me, vacations, etc. I’ll always ... Read More »
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Boston, MA – January 19, 2023 Higher prices drove spending increases for many American consumers during the 2022 holiday season, according to the American Consumer Credit Counseling (ACCC) Financial Health Index for the Fourth Quarter of 2022. Yet a large percentage of those surveyed said they ... Read More »
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