30% of Americans Have More Credit Card Debt Than Savings

A new survey indicates that nearly 30% of Americans have more credit card debt than savings. Only 51% of those surveyed said they had enough money in their emergency funds to pay off all of their current credit card debt. The … Continue reading

Consumer Confidence Falls Again in December

The fiscal cliff appears to be dragging down consumer confidence. The Consumer Confidence Index, a monthly survey by The Conference Board, dropped to 65.1 in December, down from 71.5 in November. The December numbers represent a four-month low in consumer confidence. Consumers are less … Continue reading