A robust U.S. economy triggered another quarter-point interest rate hike by the Federal Reserve. You'll feel it in various ways, although it won't be high drama in terms of dollars and cents. If you're living month to month and "rolling over balances," that is, you're paying financing charges, the rate hike will hurt you the most. "With credit card debt steadily worsening, this latest increase will cost U.S. consumers roughly $1.6 billion in extra credit card finance charges during 2017," according to Jill Gonzalez, a WalletHub analyst. "This complicates an already bad situation for credit card users, considering that WalletHub expects outstanding balances to break the all-time record in 2017."

Source: Forbes March 15, 2017 21:22 UTC