Category Archives: News

Avoid these 5 holiday spending mistakes

Posted on December 12, 2012 by admin

Holiday spending mistakes are like fruitcake: They reappear, year after year. Buying out of guilt? Confusing spending with celebrating? Blowing your budget on trivial items? Or maybe you’re putting gifts on credit because that seems easier than admitting you can’t … Continue reading →

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Average credit card debt falls 22% in Alabama

Posted on October 11, 2012 by admin

From the Birmingham Business Journal Alabama’s average credit card debt and mortgage balance is dropping, but so is the average credit score for state residents. According to a new report from Credit Karma, the average credit card debt for Alabama … Continue reading →

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A Shopping List: Money Tips for the Holidays…and Year-Round

Posted on September 14, 2012 by admin

FDIC Consumer News wants to help you manage and spend your money wisely, whether it’s during the holiday shopping season or any time of the year. So, here’s a list of spending tips you can use all year-round. Create a … Continue reading →

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Bernanke: Financial Education Important to Economy

Posted on August 8, 2012 by admin

Federal Reserve Chairman Ben Bernanke during a town hall meeting with teachers yesterday stressed how important effective financial education is to the economy. “Financial education supports not only individual well-being, but also the economic health of our nation,” Bernanke said. … Continue reading →

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Credit card debt fell 16% in Alabama in 2011

Posted on January 18, 2012 by admin

Courtesy of Birmingham Business Journal by Antrenise Cole, Reporter Credit card debt in Alabama fell almost 16 percent in 2011 from the previous year, according to Credit Karma’s U.S. Consumer Credit Score Climate Report The average credit card debt in … Continue reading →

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