Category: Personal Finance News
Stay ahead of the curve with the latest personal finance news. Our team of financial experts curates the latest news, trends, and analyses impacting your money. We’ll keep you informed on the stories that matter most to your financial well-being.
Personal Finance News
Amazon Launches Amazon Autos Car-Buying Platform
by Kyle Burbank
The online retail behemoth Amazon is now allowing customers in select cities to buy their next vehicle using the site. About Amazon Autos: This week, Amazon announced the official debut of Amazon Autos. Using the platform, customers can view, finance, and arrange pick-up for new vehicles. At launch, Amazon Autos only supports one manufacturer: Hyundai. Moreover, the platform is currently only available to those in 48 U.S. cities across 26... Personal Finance News
Experian Officially Introduces "No Ding Decline" Card Marketplace
by Kyle Burbank
Those hoping to obtain a new credit card but have concerns about their approval may be interested in a new feature from Experian. About Experian's "No Ding Decline": This week, Experian has officially launched its No Ding Decline feature. Now, customers searching for credit card products in its marketplace will see offers with this option — meaning that, if customers aren't initially approved, they won't see a hard inquiry on... Personal Finance News
Frontier Airlines Announces Plans to Add First Class and More
by Kyle Burbank
Just in time for Travel Tuesday today, a budget airline has announced some big updates are on the way. About "The New Frontier": Today, Frontier Airlines unveiled what it's calling "The New Frontier." This initiative not only includes some new offerings on board its aircraft but also some incoming perks for loyal flyers. One of the biggest reveals is that Frontier will be adding First Class seating to its fleet.... Personal Finance News
Quicken Introduces Emergency Document Locker Platform LifeHub
by Kyle Burbank
Quicken has debuted a new service that will not only help individuals store all of their important documents in one place but will also help their loved ones get the info they need in the future. About LifeHub: The personal finance software company Quicken has announced its latest product: LifeHub. This new platform is designed to allow users to compile their important information so that it's backed up and easy... Personal Finance News
Bilt Introduces Point-Earning Opportunity on House Purchases
by Kyle Burbank
The platform that enables renters to earn rewards is now rolling out a program where those buying a home can score points. About the program: Bilt Rewards has announced a new offering where members can earn Bilt Points while purchasing a home. This feature comes via a partnership with eXp Realty. In turn, members will need to work with an eXp agent to be eligible for the offer. When members... Personal Finance News
IRS Raises 401(k) Contribution Limit for 2025 Tax Year
by Kyle Burbank
The Internal Revenue Service is revising its contribution limits for 401(k) and similar plans in 2025 — although the limits for IRAs will remain in place. About the limit changes: Recently, the IRS announced that it was changing the employee annual contribution limit for 401(ks), 403(bs), governmental 457 plans, and the federal government’s Thrift Savings Plan. For the 2025 tax year, the total employee contribution limit will be $23,500 for... Personal Finance News
Homebuyer Sentiment Continued Upward Swing in October
by Kyle Burbank
Despite home prices remaining high, consumer sentiment on the housing market continued to climb last month. About the index increase: The latest update to Fannie Mae's Home Purchase Sentiment Index (HPSI) saw another increase. Specifically, the index rose 0.7 points in October 2024, hitting 74.6. This marks the highest point for the index since February 2022 and is up more than seven points since the end of last year. Moreover,...