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
Clever SoFi Stunt Rewards Investors with Free Coffee
by Fioney Staff
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
Amazon Bringing Cash Payment Option to the U.S.
by Fioney Staff
Since launching in the mid-90s, Amazon has grown from a novel online bookselling startup into one of the largest retailers in the world. However, while online shopping has become the preference for many who value convenience, one problem is that most e-commerce sites require customers to use a credit or debit card to pay for their goods. In response, Amazon is introducing a new program that will make it easier...
Personal Finance News
Walmart Launching Co-Branded Credit Card with Capital One
by Fioney Staff
Bentonville-based retailer Walmart is refreshing their credit card offerings, upping the rewards to put an emphasis on online shopping and mobile payments. This week the company announced a partnership with Capital One to create the Capital One Walmart Rewards Mastercard while also releasing a store card dubbed the Walmart Rewards Card. These new offerings will replace the current cards Walmart has with Synchrony, with the retailer advising that cardholders will...
Personal Finance News
WalletHub Ranks Best and Worst Retirement Cities for 2019
by Fioney Staff
What's the best place for retirees to live after they hang up their hat? WalletHub has a few ideas. Previously the personal finance site has ranked the top states for retirees but now a new study looks specifically at the best and worst retirement cities. To determine their rankings, WalletHub considered four main factors for each city: affordability, activities, quality of life, and health care. In terms of affordability, adjusted...
Personal Finance News
Average Millennial Auto Debt Rises in Q2 2019
by Fioney Staff
As we recently learned, this holiday weekend, a great number of Americans will be shopping for new vehicles. While this time of year might offer some strong deals and incentives, it seems that many Millennial car buyers are taking on more auto debt than they have in recent years. In fact a new report by Experian finds that the average balance for consumers of this generation is on the rise....
Personal Finance News
77.5 Million Americans Plan on Car Shopping This Labor Day Weekend
by Fioney Staff
In America, it seems certain holidays become associated with different shopping events — the largest example being the day after (or, in recent years, day of) Thanksgiving sales known as Black Friday. With summer nearing its end one such retail holiday is just around the corner, as Labor Day has become partially synonymous with car buying blowouts. In fact, ahead of the holiday weekend, the personal finance site WalletHub has...
Personal Finance News
What Do College Students Know About Credit Cards?
by Fioney Staff
This month, millions of newly-graduated students are setting off to college. For these freshmen, this may be the first time they've left home and will be responsible for making their own day to day decisions — including managing their money. On that note, the personal finance site WalletHub recently released a survey showing what college students do and, more interesting, don't know about credit cards. Headlining the study, WalletHub found...