article thumbnail

Credit Card Firm CEO Resigns Following Assault Charge

Allwork

Dan Price, CEO of credit card firm Gravity Payments, has resigned years after taking a pay cut in order to give employees a raise. . In 2015, Price made waves when he revealed that he would slash his $1 million salary to $70,000 in order to support raises for his staff. .

article thumbnail

5 Long-Term Financial Goals and How to Achieve Them

Success

Pay off major debts Expected time: 5+ years Account types: Credit card debt, mortgage, student loans, car loans Getting out of debt is essential to the success of your other long-term financial goals. Most people use a mortgage to buy real estate, but many mortgage lenders ask for at least 20% of the purchase price as a down payment.

Goals 288
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Money Mistakes You’re Making in Your 20s

Success

It’s really hard not to—making lunches for work is a hassle; you’re used to paying the lowest price even if it’s not the best deal; and maybe you haven’t renegotiated your car insurance since, well, ever. Paying credit card interest or fees. A credit card can be a useful tool. It can be uncomfortable negotiating.

article thumbnail

2023 Financial Forecast: How to Prepare for the Year Ahead

Success

Americans increasingly pulled out their credit cards to pay for a whole slew of more-expensive goods and services, which resulted in the biggest surge in credit card debt in more than 20 years. As you think about your personal finances heading into 2023, credit card debt should be top of mind.

2023 306
article thumbnail

The Biggest Financial Mistakes to Avoid in Your 20s

Success

Soaring food prices: grocery prices have increased by 25% over the past four years. Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds.

article thumbnail

5 Financial Basics Everyone Should Know

Success

We’re typically hyper-aware of the day-to-day things, like looking for the best price at the gas pump or a good deal on groceries. Saving just $20 from every paycheck can add up and keep you from pulling out a credit card when emergencies happen. Know your financial basics Managing your money is usually not that exciting.

article thumbnail

30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

Success

Empower yourself to live debt-free by paying down high-interest debts such as credit cards. Doing small things like paying bills on time and making multiple credit card payments each month (if you’re able) can boost your credit score and improve future financial benefits. Save more for retirement. Reduce debt.

2024 299