Personal Finance


Well-Off Not Immune to Credit Card Debt

If you think that your heavy spending won't catch up to your hefty paycheck, think again. Credit card debt is growing as the tightened economy forces consumers to pay with plastic more often, and it's not just affecting workers with low salaries.


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Few Save Enough to Retire, Study Says

A study suggests only one in five workers saves enough annually to maintain his or her lifestyle after retirement, and notes that women are at a disadvantage due to their longer life spans and more frequent career interruptions.

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Best Cities For Building Your Nest Egg

Sure, those high-dollar paychecks in New York and Washington look impressive, if you're fine squeezing all your belongings into a cramped studio apartment. If you're looking to save money and start a family, a new survey by Salary.com recommends you head west.

Best Cities for Building Personal Wealth

AlbuquerqueDonovan Quintero, AP

5. Albuquerque, New Mexico
Salary.com says: "Boasting a newly revitalized downtown area, Albuquerque is a major Southwestern city with a diverse population and some of the leading high tech research facilities in the country."

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Paying for College on a Low Income

Ken and Daria Dolan, known as the first family of personal finance, answer your questions every Friday on AOL's WalletPop blog. This week: How can parents or students on low fixed incomes afford college tuition?
For More Dolans See: Dolans.com

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Are Creditors Eyeing Your Purchases?

A federal lawsuit against Atlanta-based CompuCredit accuses the card issuer of cutting credit lines when customers used their cards at bars, massage parlors, and even to pay for marriage counseling. The company's lawyer calls the practice "commonplace across the industry."


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Seniors Increasingly Facing Bankruptcy

Rising Bankruptcies Among Seniors

Credit counselingJack Sauer, AP

A new report released by AARP finds that last year, older Americans were much more likely to seek bankruptcy protection than they were in 1991.

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