

Nick Wolney
Managing editor at CNET and finance journalist, specializing in personal finance.
Best podcasts with Nick Wolney
Ranked by the Snipd community

55 snips
Dec 26, 2024 • 28min
Our trillion-dollar credit card bill
Nick Wolney, a finance journalist and managing editor at CNET, dives into the alarming state of America's credit card debt. He discusses the staggering rise in debt post-COVID and the harsh realities of high interest rates, now averaging 21.59%. Wolney highlights misconceptions about minimum payments and the long-term impact on consumers, particularly Gen Z. The conversation also explores the evolution of credit card interest rates, the rise of 'Buy Now, Pay Later' options, and the urgent need for financial literacy and policy reform.

23 snips
Jun 12, 2024 • 26min
We’re drowning in credit card debt
In this discussion, finance journalist Nick Wolney unpacks the staggering reality of over $1 trillion in credit card debt plaguing Americans today. He explores the impact of rising interest rates and the struggles faced by younger generations like Gen Z. Personal stories highlight the challenges of financial instability and the need for improved financial literacy. Wolney also delves into budgeting strategies and the effects of the 2009 CARD Act, emphasizing the urgent need to navigate these complexities for a healthier financial future.