Superior financial literacy is not a strength of most people. Considering many of us aren't taught how to manage our finances properly, and figure it out in "trial by fire" scenarios, financial woes are not a surprise. Even the most financially adept people in the...
Month: April 2020
What are my options if I default on a student loan?
Student loan debt is a hotly debated topic in American politics. Considering that there are currently around 45 million borrowers carrying a debt load of $1.59 trillion, it’s no surprise that student debt is at the forefront of many conversations. Many people begin...
The dark reality of medical debt in the U.S.
Medical debt is a growing concern in the United States. A staggering 137.1 million Americans faced financial hardship in 2019 due to high medical costs. Despite these concerns, experts expect the cost of health care in the U.S. to only increase over time. According to...
More Americans turning to crowdfunding to cover medical bills
As the costs of health care and out-of-pocket expenses continue to rise in the U.S., more and more people are turning to crowdfunding sites like GoFundMe for help. Crowdfunding– or raising small amounts of money from a large group of online donors – has become the new...