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
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...
Personal Finance News
Apple Card Reportedly Approving Some Subprime Applicants
by Fioney Staff
With the highly-anticipated Apple Card rolling out to some iPhone users (with many more to come), we're learning a bit more about the card and some of its unique features. However one of the more interesting stories to emerge so far involves who is getting approved for the new card. As CNBC reports, it seems Apple and its partner bank Goldman Sachs are reaching the subprime market, with applications maintaining...
Personal Finance News
Average Back-to-School Spending Expected to Rise for 2019
by Fioney Staff
Even if the calendar and weather insist that summer is still here, make no mistake that back-to-school season has arrived. In addition to students preparing to employ their alarm clocks once again, many parents are prepping their wallets for the expenses that come with the new school year. In fact, according to a new study by the personal finance site WalletHub, parents are expected to spend more on school supplies...
Personal Finance News
Capital One Reveals Massive Data Breach
by Fioney Staff
If you're a Capital One customer or have applied for one of the products in the past, you may be a victim in the latest major hack. This week, this bank announced a data breach exposed personal data for 100 million Americans as well as six million Canadians. The breach, which is being described as one of the largest ever, involved individuals who applied for the bank's credit card products...