A recent creditcards.com survey found that a large majority of Americans with debt would not be willing to cut spending on either leisure travel or clothing and shoes by 50%. I joined CBS This Morning to discuss how these choices can impact your credit.
Chants of "equal pay" interrupted a speech by a top soccer official this week as the U.S. women’s national soccer team celebrated their fourth World Cup title. The players are suing over gender and pay discrimination. The players' fight for parity reflects the national battle for equal pay. A recent study shows women make 49 cents for every dollar a man does, over a 15 year period of their careers. I joined CBS This Morning to discuss ways we can start closing the gender wage gap.
In this week's Eye On Money, we are focusing on the growing number of student loan scams. As many families deal with college financing this summer, the Better Business Bureau reports an increase in fraudulent texts, emails and voicemails about loans. I joined CBS This Morning with what families need to know to avoid these scams.
According to the planning website The Knot, couples spent an average of nearly $34,000 on their wedding last year. And while 80 percent of couples say they set a budget, 45 percent report going over it. I joined CBS This Morning to share tips on how to plan a wedding without breaking the bank, and how to prepare for a sound financial future.
In the latest installment of Eye On Money we are focusing on a fast-growing trend that focuses on saving aggressively to retire early. It's called F.I.R.E. and stands for "financial independence, retire early." The idea is to live a frugal life now, so you can take control of your financial future.
A new Bankrate survey says 76 percent of Americans have at least one financial regret. Among those people, more than half are disappointed with their savings. I joined CBS This Morning with some tips on how to save for retirement.
President Trump is doubling down on his threat to impose new trade tariffs on Mexico. On Sunday, he tweeted "the problem is that Mexico is an abuser of the United States, taking but never giving." Last week, the president announced an initial five percent tariff on all imports from Mexico, if the country does not stop illegal immigration to the U.S. The first round of tariffs is due to take effect June 10. I joined CBS This Morning to discuss how this could affect American consumers and businesses.
A surprise move by the president to impose tariffs on Mexico could impact billions of dollars of goods. The auto industry would take the biggest hit. Weijia Jiang reports and I make an appearance.
Existing home sales in April were down 4.4 percent from a year ago, according to The National Association of Realtors, despite lower mortgage rates. I joined CBS This Morning to discuss how to know whether you're ready to buy a home and financial tips for first-time buyers.
A new bill just passed by the House could mean big changes for the U.S. retirement system and your wallet. The legislation would allow more small businesses to offer retirement plans, help people contribute to their retirement while paying off student loans and let parents use retirement money to help with child care. I joined CBS This Morning to discuss.