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February 2023

Did you know the largest credit card companies aren’t reporting customer payments to credit bureaus?

In 2022, Americans paid more than $120 billion in interest and fees on credit cards. With interest rates going up, that amount is continuing to increase. For consumers to get the best offers on credit cards to keep their costs down, their repayment records need to be reported to credit bureaus. Read more →


One child killed, another injured in Baby Trend strollers

It’s important to keep up on what’s happening with unsafe products under the jurisdiction the U.S. Consumer Product Safety Commission. The agency and Baby Trend are warning consumers about the risk of head or neck entrapment in Baby Trend’s Sit N’ Stand Double and Ultra strollers with model numbers beginning with “SS76” or “SS66”. Read more →


Presidents’ Day: A celebration of democracy, a day off, or shopping?

Presidents’ Day sort of sneaked up on me this year. At times in the past, I’ve written about Presidents’ Day as a time to appreciate our democracy and celebrate the many freedoms we have as a result. As thoughts of democracy come to mind, the war in Ukraine looms large. Read more →


Watch out for celebrity endorsements

Before you spend money on that “Shark-approved” miracle invention, weight loss product, or keto diet pill, make sure it’s really been featured on the “Shark Tank” program. Scammers are using fake “Shark Tank” celebrity testimonials and endorsements – along with fake photos and videos – to generate publicity and profits. Read more →


Safety of e-bikes for kids comes under scrutiny

Until this week, I hadn’t heard about a potential safety problem with electric bicycles or “e-bikes.” An article in The Washington Post, “A Child’s Death Prompts Questions About Brake Safety on E-bikes,” caught my attention. A lawsuit has been filed against Rad Power Bikes by the parents of a 12-year-old girl who was killed in an e-bike accident. Read more →


Happy Valentine’s Day

Best wishes to you and your loved ones on this day to celebrate relationships. I hope if your budget is tight that you have figured out inexpensive ways to celebrate. Although it’s estimated that Valentine’s Day spending for 2023 is estimated to be $192.80 per person celebrating, about a third of people plan to give an experience this year. Read more →


Textron Specialized Vehicles is recalling E-Z-GO PTVs due to fire risk

Textron Specialized Vehicles is recalling about 143,000 E-Z-GO PTVs or personal transportation vehicles in the United States, 8,100 in Canada, and 1,000 in Mexico. Some of the PTVs were recalled earlier in September 2021, January 2022, and September 2022. PTVs are golf carts or golf cars. Read more →


Facts and figures for Valentine’s Day 2023

American consumers spend more than $25.9 billion on Valentine’s Day each year. It makes the holiday the third-priciest on the calendar for U.S. consumers. Valentine’s Day spending for 2023 is estimated to be $192.80 per person celebrating, according to a Valentine’s Day survey by WalletHub, a personal finance website. Read more →