Personal Finance

Money at 30: How We're Saving Money This Summer

The way I see it, there are a few different starts to the summer season. For the former movie theatre manager in me, the first is Memorial Day weekend (although the blockbuster season really kicks off even before that now thanks to Marvel). Then, there's the technical kick-off on June...

Top 10 Personal Finance Articles of the Month — June 2021

It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. To start things off this month, we'll look at frugality in many forms. Then, we'll explore remote working and nomadism, including lessons learned from these...

Are Credit Reports the Same as a Credit Score? 13

For as much as we hear about credit in general, many Americans are less aware of the specifics. A key example of this is that the terms “credit report” and “credit score” are used interchangeably despite being separate things. In fact, this misconception could lead consumers to ignore an important...

BNPL Platform Afterpay Rolls Out Pulse Rewards to All Customers

Love them or hate them, "buy now, pay later" (BNPL) options have exploded in recent years. Services such as Klarna, Affirm, Quadpay, and others allow consumers to finance purchases without paying interest, provided that they pay off the balance within a few weeks. Now, one BNPL platform is rolling out...

Retirement Goal Confidence Rebounds After Mid-Pandemic Drop

After a year that challenged Americans mentally, physically, and financially, things are beginning to get back to normal. In turn, it looks as though future retirees are feeling far more optimistic than they did a few months ago. According to a Schwab Retirement Plan Services survey of 401(k) plan participants,...

Ally Becomes Latest Bank to Discontinue Overdraft Fees

One of the most frustrating aspects of dealing with many banks is the dreaded overdraft fee. If customers accidentally spend more than is in their checking account, they may be assessed a charge of $30 or more. What's worse, this fee is per transaction — with some institutions being accused...

Money at 30: Are Bank Bonuses Worth It? 3

Over the past few years, I've reviewed plenty of bank and banking (the latter typically meaning FinTechs that partner with "real" banks for their offerings) services. In doing so, I've occasionally earned bonuses for setting up a new account and performing different tasks. This free money is always welcome —...

LendingTree Survey Finds Credit Limit Cuts Still Common in 2021

Last year, as many Americans saw their finances affected by the pandemic, anecdotes emerged suggesting that some banks were cutting credit limits and even closing accounts of certain customers. This was later borne out in data, with Bloomberg reporting that issuers cut customer credit limits by a total of $99...