Personal Finance Reviews by The Ascent | The Motley Fool (2024)

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Must Reads

  • Why I'm Not Opening Any CDs in 2024 -- Even Though Rates Are Up to 5.5%

    Looking for a higher yield on your savings before the Fed cuts interest rates? Here's why a CD might not be the right choice.

  • 3 Signs You Shouldn't Open a CD, Even With Rates at 5.5%

    Personal Finance Reviews by The Ascent | The Motley Fool (10)

    Robin Hartill, CFPMarch 6, 2024

    The best CD rates are sky high, making CDs an appealing investment in 2024. But here are three times you should never put your money …

  • Does Your Income Make You Upper Class, Middle Class, or Lower Class?

    Personal Finance Reviews by The Ascent | The Motley Fool (11)

    Christy BieberSept. 5, 2023

    Where does your income fall relative to your fellow Americans? Find out how much the lower, middle, and upper classes are making.

  • My Brother Won a Car on The Price Is Right. Here's What It Cost Him

    Personal Finance Reviews by The Ascent | The Motley Fool (12)

    Maurie BackmanDec. 7, 2023

    Winning big on a game show isn't all rosy. Read on to see why a large prize could mean a huge tax bill.

  • 3 Reasons Not to Shop at Aldi Despite the Low Prices

    Personal Finance Reviews by The Ascent | The Motley Fool (13)

    Maurie BackmanJan. 11, 2024

    Shopping at Aldi can result in nice savings. But read on to see why you may want to skip buying groceries at Aldi.

  • 5 Kirkland Products to Try at Costco This Month

    Personal Finance Reviews by The Ascent | The Motley Fool (14)

    Maurie BackmanJan. 18, 2024

    Kirkland products are often high in quality. Here are some you may want to add to your shopping list.

  • My Brother Won a Car on The Price Is Right. Here's What It Cost Him

    Personal Finance Reviews by The Ascent | The Motley Fool (15)

    Maurie BackmanDec. 7, 2023

    Winning big on a game show isn't all rosy. Read on to see why a large prize could mean a huge tax bill.

  • 3 Expensive Costco Traps to Avoid

    Personal Finance Reviews by The Ascent | The Motley Fool (16)

    Christy BieberMarch 10, 2024

    Costco can be a great place to shop, but you could waste a lot of money if you get sucked into these three common traps. …

  • 5 Reasons Costco May Cancel Your Membership

    Paying for a Costco membership does not mean it's yours for life. Keep reading to learn when Costco has the right to cancel your membership.

  • 5 Reasons for Seniors to Get a Costco Membership

    Personal Finance Reviews by The Ascent | The Motley Fool (18)

    Maurie BackmanMarch 20, 2024

    Being a senior doesn't mean you shouldn't join Costco. Read on to see how a membership can benefit you.

  • 10 Amazing Costco Buys for Under $20

    Personal Finance Reviews by The Ascent | The Motley Fool (19)

    Brittney MyersMarch 20, 2024

    Costco's Kirkland Signature brand is a big part of its avid following. Here are a few under-$20 examples why.

  • 5 Little-Known Perks of 401(k) Plans

    Personal Finance Reviews by The Ascent | The Motley Fool (20)

    Chris NeigerMarch 23, 2024

    401(k) plans are great for building retirement savings. Read on to find out some benefits you may be overlooking.

  • Lottery Statistics and Revenue by State

    Personal Finance Reviews by The Ascent | The Motley Fool (21)

    Jack CaporalMarch 7, 2024

    Americans shelled out $95.5 billion on lottery tickets in 2021 and earned a prize payout of $64.3 billion. Find out if playing the lottery is …

  • Survey: Car Insurance Shopping Preferences and Trends

    Personal Finance Reviews by The Ascent | The Motley Fool (22)

    Jack CaporalFeb. 15, 2024

    The Motley Fool Ascent surveyed 2,000 Americans on their auto insurance shopping preferences and habits. Learn what we found out.

  • Study: Generational Credit Card Habits

    Personal Finance Reviews by The Ascent | The Motley Fool (23)

    Jack CaporalFeb. 26, 2024

    The Motley Fool Ascent surveyed 2,000 Americans on their credit card habits and found some generational differences. Find out if they apply to you.

  • How Credit Scores Impact Auto Insurance Premiums

    Personal Finance Reviews by The Ascent | The Motley Fool (24)

    Jack CaporalFeb. 26, 2024

    Drivers with poor credit pay over double what drivers with excellent credit pay, on average. Read on for more details.

  • How Your Driving Record Impacts Your Car Insurance Payment

    Personal Finance Reviews by The Ascent | The Motley Fool (25)

    Jack CaporalFeb. 26, 2024

    A DUI can add over $1,000 to the annual cost of car insurance. See how your driving record changes your auto insurance payment here.

  • The Average Cost of Car Insurance in All 50 States

    Personal Finance Reviews by The Ascent | The Motley Fool (26)

    Jack CaporalFeb. 26, 2024

    The national average annual cost of car insurance in 2023 was $3,017. How does your payment compare? Learn the details here.

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With that in mind, it might not be surprising that over half of our respondents had maxed out a credit card. The only group that saw a number under 50% was those with a self-reported net worth of $5 to $10 million.

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59% of Americans have a cash back credit card and 49% have a travel rewards card.

Millionaires are less concerned with credit card interest rates than the average American. Twenty-six percent of millionaires cited interest rates as the most important factor when picking a credit card compared to 40% of Americans.

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Personal Finance Reviews by The Ascent | The Motley Fool (2024)
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