Wednesday’s need-to-know money news

Today’s top story: How LGBTQ+ Americans can overcome barriers to building credit. Also in the news: How to protect your vacation budget, the pros and cons of “Travel now, Pay later,” and 58% of Americans are living paycheck to paycheck after inflation spike.

How LGBTQ+ Americans Can Overcome Barriers to Building Credit
LGBTQ+ people report lower than average credit scores. Here’s why that is a problem and steps to overcome.

Your Vacation Budget Is Still at Risk — Here’s How to Protect It
The travel landscape is improving, but having a plan for cancellation remains a wise move amid ongoing uncertainty.

Should You Use Buy Now, Pay Later Services for Travel?
Buy Now, Pay Later services may come with hidden fees, so you should only use them for necessary travel expenses.

58% of Americans are living paycheck to paycheck after inflation spike — including 30% of those earning $250,000 or more
Even top earners say they are stretched thin, the report found.