What Citi Just Told the SEC About the Real Cost of Your Card Rewards
Citi’s own SEC filing shows the fee side of its card business ran $663 million in the red this quarter. Here’s what that means for how you use your card.
Credit Card Debt
See my research, posts, and articles on credit card debt, including payoff strategies, interest traps, and relief options. Click the link to explore key insights!
FedEx Started Paying Tariff Refunds on August 10 — Here’s Who Actually Gets the Money
FedEx’s $800M tariff refund payouts started August 10. Here’s exactly who qualifies — and why most Americans still get nothing.
They Said Paying the Minimum Is Fine. The Warning Box on Your Own Statement Says Otherwise.
Federal law requires your credit card company to print a bold warning on every statement showing how long and how much minimum payments will cost. The numbers are shocking.
The Fed Just Stopped Telling You What Comes Next — Here’s Why That Changes Your Debt Strategy (July 2026)
Fed Chair Kevin Warsh eliminated forward guidance at his first meeting. The era of ‘waiting for the Fed signal’ to act on your debt is officially over.
Oil Just Spiked, Treasury Yields Hit a 16-Month High, and the Market Flipped to Betting on a Rate Hike — If You’re Still Waiting for Rate Cuts, Read This (July 2026)
The 2-year Treasury yield hit 4.24% as oil jumped 4% after U.S.-Iran strikes. Traders now nearly fully price a September Fed rate hike. Here’s what it means for your variable-rate debt.
The Unemployment Rate Dropped for the Worst Possible Reason
The unemployment rate fell to 4.2% because 720,000 people stopped looking for work, not because they found jobs. Here’s what that quietly means for your money.
I Just Lost My Job and Can’t Pay My Debts. Here’s What to Do Right Now.
Just lost your job and can’t pay your bills? Here’s what to do first — which debts to pay, what income collectors can’t touch, and how to protect your future.
I Can’t Make My Minimum Payments Anymore. Here’s What to Do Right Now.
Can’t make your credit card minimum payments? You have about 180 days before charge-off. Here’s exactly what to do right now — and the mistake to avoid.
Debt Plans Fail in Inflation — Here’s What Works
Steve Rhode and Damon Day explain why budgets and payment plans break during inflation, why bankruptcy is less risky than the status quo, and what to do before your options disappear.
The E-Shaped Economy: Why the Middle Class Is Feeling Broke
What Is the E-Shaped Economy — and Why Does It Matter to You?The economy can look healthy on the surface — stock markets hitting highs, unemployment numbers low, consumer spending up. But if you zoom out, you see an E-shape: three tiers pulling in different directions at once. The top tier (roughly the wealthiest 10%) …
