Tag: credit card
Debt is stressful. But did you know your stress level depends on the type of debt you have? Credit cards cause far more stress than first mortgages and lines of credit, a study by Ohio State researchers finds. The more striking finding is that reverse mortgages, which allow people over age 62 to tap t…
Roughly half of U.S. employers with a 401(k) plan enroll their workers automatically, deducting money from their paychecks for retirement unless they explicitly opt out of this arrangement. This strategy is widely viewed as a good way to get people to save. But auto-enrollment might not be as effective as it seems, if individuals ar…
