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
Survey Asks What Average American Considers "Life-Changing" Money
by Fioney Staff
Have you ever stopped to ponder how much money it would take to significantly change your life? This could mean the amount of cash it would take to get out of debt, have an emergency fund, or perhaps make a down payment on a home. Although for most people winning the lottery isn’t required for such a transformation to occur, the sum that the average adult quoted as their “magic... Personal Finance News
Acorns Study Finds Americans Prioritizing Health Spending, Additional Saving
by Fioney Staff
When it comes to personal finance matters, it's easy to get bogged down in bad news. However, on a brighter note, it looks as though more young adults are adopting better financial habits. Today the micro-investing app Acorns released their Money Matters Report for 2018, which asked 3,400 Americans between the ages of 18 and 44 about their various money habits, goals, and more. The results included some interesting trends... Personal Finance News
Study Finds Best and Worst Credit Cities for 2019
by Fioney Staff
If you've been paying attention, you may have heard that the average credit score in America is on the rise. In fact, according to the Fair Isaacs Corporation — much more commonly known as FICO — the average now sits north of 700 points. However the personal finance site WalletHub recently sought to find which cities in the country had the best (and worst) credit scores, uncovering one stand-out where the median... Personal Finance News
Survey Ranks Money Topics as "Most Taboo"
by Fioney Staff
You've probably heard it said that you shouldn't lend money to friends. But has that advice been interpreted as "don't talk about money with friends" by some Americans? A recent study conducted by the Captial Group and reported on by The Motley Fool found that money-related matters were far more likely to be considered taboo than other controversial topics. When asked about what topics they felt were forbidden to discuss with... Personal Finance News
36% of Respondents Admit to Maxing Out Credit Cards on Large Purchases
by Fioney Staff
When you make a large purchase, do you turn to plastic or cash? That's what a new survey by the personal finance site WalletHub sought to find out. Additionally the study found that many Americans run the risk of maxing out their credit cards when making large purchases. First, WalletHub asked what respondents considered to be a "large purchase." Surprisingly the top answer was "over $100," with 30% of those surveyed selecting that as...