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.
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70% of First-Time Homebuyers See Ownership as Wealth Building
The past few years have proven to be an interesting time for those looking to buy a home. Between a global pandemic and interest rates flipping from record lows to multi-year highs, some might have assumed that episode would only further grow the cohort of Americans who were content to rent indefinitely rather than buy.…
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Youth-Focused Neobank App Step Introduces 5% APY Offer
An all-in-one financial platform aimed at young adults is hiking the interest rate that customers can earn on their money. In fact, Step will now enable users to earn a rate that’s more than 12 times the national average. Effective now, Step is offering up to 5% APY on savings (up to $250,000 in funds).…
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48% of Americans Worry About Money in Banks Following Failures
Following a series of bank failures in recent weeks, some Americans may be wondering about just how safe their deposited funds are. With that in mind, a new poll from Gallup sought to measure banking consumer confidence — and compare those results to a pair of 2008 surveys. According to the poll, a total of…
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Debt.com Highlights Finance TikTok Creators with New Award
When most people think of TikTok, they likely think of teenagers doing viral dances or perhaps imagining some of the various dangerous “challenges” that have often made national news. Despite this, the controversial app has proven to be a diverse source for not only entertainment but also information. Now, one site has taken it upon…
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Half of Americans Cite Finances as Hurdle to Achieving Bucket List
Do you have a “bucket list” of your own? If so, you’re certainly not alone. However, your ability to achieve these items may be impacted by outside factors, including your finances. According to a new survey from online bank Ally, 84% of adults report having a bucket list — meaning goals they want to reach…
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Apple Card Savings Account Rolls Out Offering 4.15% APY
Last fall, Apple announced plans to expand its line-up of financial products by adding a high-yield savings account option for Apple Card customers. Now, that offering is here as Apple Card Savings is now availalbe to Apple Card customers. At launch, the new account earns a rate of 4.15% APY. After setting up a Savings…
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WalletHub Report Ranks Most and Least Financially Literate States
Which state has the most financially literate citizens? A new report from the personal finance site WalletHub attempts to answer that question by ranking all 50 states (plus the District of Columbia) based on a number of data points and criteria. In order to compile its list, WalletHub scored states in three different categories. First,…
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Zurp Launches Card and Banking Account Aimed at Gen Z
A new FinTech called Zurp is ready to make its debut. Today, the startup launched its debit card/secured credit card product in tandem with a savings account. These offerings are powered by First Pryority Bank and are designed to appeal to Gen Z given the account focus on rewards and experiences. With the Zurp Card,…
