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Danna Schneider's Articles in Finance

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  • The Role of Fear in This Faltering Economy
    Our president himself recently announced the economy is going through a rough patch. A combination of factors have created a very volatile stock market, housing market, increasing inflation, and a faltering job market, but one key component of a failing economy plays an intangible role in facilitating and perpetuating economic instability, and that is fear.
  • More Americans Living Paycheck to Paycheck
    In this day and age, you'd think that the gap between the wealthy and poor would be closing in, but in fact the opposite of this ideal is currently happening here in the US, and even the middle class is starting to feel the squeeze of living paycheck to paycheck.
  • Knowing What You're Signing
    No matter how many times it is repeated to us, most of us sign our name to hundreds, if not thousands of contracts, documents, affidavits, binders, and other legally binding contracts in our lifetime, without reading all of the dubious “fine print” that is almost always attached. But do we really know and understand what we are signing? The answer is no, and it could end up getting us in hot water some day.
  • Don't Fall for a Credit Card Scam
    In the undoubtedly complicated financial world today, we all rely on credit and online access to credit accounts to do business and get around. Those of us that don't use credit cards as a habit still have one for emergency use and for convenience so we can reserve airline flights, hotel rooms or rent a car. But what about when someone breaches that information? What you have then is something called credit card fraud.
  • Is It Wise to Consolidate Credit Card Debt?
    So many Americans are carrying a heavy load of debt on multiple credit cards with high rates of interest on each one of them. There are many offers for quick fixes and promises that by consolidating your debt, your finances will become easier to deal with and more manageable. But how do you know that one of these credit card consolidation offers is appropriate for your situation? Read on for more on this method of finance simplification.
  • Types of Retirement Accounts
    You should know before making one of the most important decisions of your financial life that there are a vast variety of different retirement plans for us to choose from, and seeking professional advice may be the best way to figure out what fits you best. Going into your future financial planning with a general knowledge of what's available out there to make your money work for you is a necessity.
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