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
Personal Finance News
Survey Finds Finances More Stressful Than Politics, Work
It probably comes as no surprise that many America adults feel at least some anxiety about money. But how does financial stress compare to other anxiety-inducing categories? According to a new survey conducted by Capital One's CreditWise service, money tops the list of stresses for nearly three-quarters of consumers. With 73% of the survey's 2,202 adult respondents reporting that their finances were a source of stress for them, easily beating...
Personal Finance News
WalletHub Study Ranks States By Identity Theft Vulnerability
Throughout this Millennium so far, we've heard a lot about the threats of identity theft, online fraud, and other cybercrimes. Moreover we've all heard horror stories about how much victims have lost as a result of these attacks and about the lengths they had to go to just to restore the status quo. Given the fact that these problems only seem to be growing and not going away, WalletHub recently...
Personal Finance News
American Express Partners with PayPal, Venmo for New "Split It" Feature
There's no doubt that the advent of peer to peer (P2P) payment apps has made it easier for friends and family to split dinner bills, reimburse each other for gas money, and much more. Nevertheless, as simple as services such as PayPal, Venmo, Square Cash, and others make the process, increasingly integrations have made them even more convenient. The latest example of this comes from American Express who recently rolled...
Personal Finance News
Charles Schwab Eliminates Trading Commission Fees, Others Follow
Change is in the wind — can you feel it? Just as the leaves are starting to display their autumn coloring and falling to the ground, commission fees at three major brokerage firms are dropping to new lows as well. Now customers of Charles Schwab, Ameritrade, and E*Trade can buy and sell stocks and ETFs for a commission of $0. Last week Schwab announced that it was cutting its $4.95...
Personal Finance News
Survey Highlights Why Lending Money to Friends is Ill-Advised
At this point, we all know that lending money to friends or family is likely not a good idea. Nevertheless it's human nature to want to help out when loved ones ask for assistance. Unfortunately, as a new survey by Bankrate reinforces, financial favors between loved ones can often come with negative consequences. In a survey of 2,490 adults, 60% reported lending cash to a friend or family member with...
Personal Finance News
Clever SoFi Stunt Rewards Investors with Free Coffee
When it comes to personal finance advice, you don't need to go too far to find talk of coffee. The commonly-cited "Latte Factor" shows how much consumers could save if they cut out that daily latte and invested the funds instead. Meanwhile others have pushed back on this concept, leading to a coffee war of sorts. Well, in response, the FinTech firm SoFi has come up with a clever promotion...
Personal Finance News
