Sep 10, 2012 Scott Reynolds Nelson argues in his new book, "A Nation of Deadbeats," that Americans' deadbeat nature has been the cause of many of the country's economic crisis.
Sep 4, 2012 Companies in some of the weaker eurozone economies are facing much higher borrowing costs, as much as 50 percent higher than for companies in Germany.
Aug 15, 2012 Has the attitude about debt and the deficit changed over time?
Aug 3, 2012 The first in our series about money and religion, we look at how Muslims view and deal with money. Learn more about Islamic law regarding debt, investments and tithing.
Aug 3, 2012 A banker doesn't listen to her own advice and falls deep into credit card debt. She takes on a blue collar job to get herself back in the black.
Jun 11, 2012 The financial toll on families from the dreadful economy of recent years is enormous.
Heidi N. Moore
May 31, 2012 A satirical video from political cartoonist Mark Fiore brought down the house at a conference on the risks of debt to the global financial system.
May 31, 2012 I received a large bonus, and I'm going to use it all to pay down credit card debt. I have many cards. They all have about the same outstanding balances and about the same interest rates. At one time, most of the cards were "maxed out," which was bad for my credit score. Should I pay off a couple cards entirely, or should I make larger-than-usual payments to all of them, bringing down the outstanding balances substantially below the credit limits? Thanks. Henry, Chicago, IL
May 30, 2012 I returned to graduate school and accrued about $45,000 in federal student loans. The interest rate on these 10-year loans is 6 percent, with repayment beginning in 2013. I also have a 401(k) worth about $100,000 (roughly $60,000 of my contributions and $40,000 of employer contributions). I realize that an early 401(k) withdrawal would result in a 10 percent early-withdrawal penalty and that any withdrawal would be considered taxable income. This would effectively reduce the amount the 401(k) would need to earn in order to be the better investment. Still, it can't be much less than 6 percent, can it? Is there anything about my assumptions that are wrong, or is there anything I am overlooking? Derek, Chicago, IL