How To Get Out of an Upside-Down Car Loan
As car prices and interest rates climb, a growing share of Americans owe more on their car than it’s actually worth — a situation referred to as an “upside-down” or “underwater” car loan. In the final quarter of 2025, roughly 30% of trade-ins came with negative equity, according to car shopping site Edmunds. The average […]
3 Ways To Stay Ahead
It starts with an emergency: surprise medical bills, new car tires, a home repair that couldn’t wait. Before long, what felt like a temporary fix turns into ballooning debt. According to a recent Bankrate survey, 41% of credit card debtors say their debt came primarily from emergency/unexpected expenses, and 61% of them have been carrying […]
Codie Sanchez Shares How To Buy an Existing Business
Becoming an entrepreneur doesn’t necessarily mean starting a new business from scratch. You can also acquire existing businesses, for which there is no shortage. According to a CNBC analysis of a 2023 report from the Exit Planning Institute, 58% of boomers who are business owners say they planned to sell their businesses within the next […]
Bare-Bones Budget: How To Create One
There are many situations where you may find yourself needing to tighten your budget, whether it’s because you were just laid off or, on a brighter note, you’re preparing to make a big purchase. Insert: A bare-minimum budget. A bare-minimum budget (aka a bare-bones budget) is exactly what it sounds like. It’s a budget that […]
Debt Relief vs. Bankruptcy: How To Choose
If you’ve been juggling minimum loan payments for months, you may be starting to realize the debt isn’t going away on its own. At that point, two options usually come into focus: debt relief and bankruptcy. While both can offer a way forward, they work very differently, and choosing the wrong one could mean more […]
Dealer vs. Bank vs. Online Lenders Explained
If this is your first time getting a car loan, you probably have a million questions: “Should I get a loan from the dealer?” “Are online lenders legit?” — and everything in between. There are actually three main ways to get a car loan: dealer financing, banks and credit unions (aka traditional lenders) and online […]
How To Write A Business Plan And Form Your Company
Coming up with a good idea for a business is just one step toward becoming an entrepreneur. Another part of the journey is making sure you have a solid plan to back up your business. A business plan is like a roadmap or blueprint for managing your business every step of the way, and it […]
How To Avoid Defaulting On Your Federal Student Loans
If you have a federal student loan and have been consistently struggling to make payments, there’s one important deadline you have to remember: Borrowers enter default after 270 days of missed payments. Once your loans are in default, you can have your wages garnished and tax refunds withheld. Although the Trump administration has put a […]
How To Save On Prime Big Deal Days 2025
Amazon’s second Prime-member exclusive event, Prime Big Deal Days, runs from October 7 to 8 this year. Similar to the official Prime Day in the summer, this sale offers exclusive discounts on millions of items across the site. If you’re looking to start your holiday shopping early — and over one-third of shoppers are this […]
How To Meet Your Cash Needs
Managing your money can feel overwhelming, whether you’re trying to tackle debt, cover a big expense or fund a new goal. Should you consolidate, borrow or explore other options? Sometimes the answer is more straightforward than you think — and just a few clicks away. Introducing: CNBC Select’s Get Money tool. This free online tool […]