Liz Ruiz, a reporter with Columbia, S.C , recently contacted me to ask about spending guidelines for new college grads. I was happy to oblige. And Liz herself turns out to be a textbook case for post-college budgeting. The State newspaper in A 2006...

Credit-card debt can stockpile for all kinds of reasons. Mine seemed innocent enough -- after all, I wasn't buying Manolo Blahnik shoes on a journalist's salary à la Sex and the City . Shopping trips didn't help, but neither did years of traveling to visit...

Consumer borrowing rose in October at a slightly faster rate than the previous month as shoppers continued to depend on their credit cards to finance purchases.The Federal Reserve reported Friday that consumer credit increased at an annual rate of 2.3 percent in October, faster than...

Lawmakers said Thursday that stronger action than rules proposed by the Federal Reserve may be needed to curb abusive practices by credit card companies.Throughout a lengthy hearing by a House Financial Services subcommittee, credit card companies' practices were denounced as deceptive and predatory. Executives of...

Provides statistics on the number of Americans financing credit card debt. Denigrates the overuse of credit cards.