Personal Finance

Aspiration vs. SoFi Money: Which Online Banking Option is Better? 4

For those who can live without depositing cash and speaking with in-person tellers, online-only banking options have a lot to offer. Moreover, as the popularity of these offerings continue to grow, competition has brought even more attractive features to consumers. Of course, as a dedicated reviewer and blogger, I'm always...

Survey Finds Majority of Americans are Struggling to Reduce Debt Amid Coronavirus Crisis

If it weren't already clear that the COVID-19 pandemic was hitting Americans in their pocketbooks, the latest edition of a financial literacy poll once again highlights some of the struggles consumers are having. The survey (conducted by Harris Poll) asked 2,000 U.S. adults about their current financial situation and what...

Top 10 Personal Finance Articles of the Month — May 2020 4

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. We'll start things off with some more looks at money during a pandemic. Then, we'll talk about changing financial directions. Finally, we'll cover saving on...

Life After a Pandemic: Americans Weigh in on Potential Financial Changes 2

With more and more states moving toward phased reopenings, how are taxpayers feeling about potential life after the pandemic — and what financial and lifestyle changes do they anticipate? That's what a new survey from the site WalletHub aimed to answer. One major change that the current crisis could inspire...

14% of Americans Report Tapping Retirement Savings During Crisis

During a time when most Americans are adapting to a "new normal," they may also be making adjustments to their finances — including to funds they'd normally set aside for retirement. As part of the CARES Act, workers can now borrow a larger portion of their retirement savings (the lower...

What is a 401(k) Loan and is it a Good Idea? 2

For many employees, their 401(k) plan is their main means of saving for retirement and it may also represent the bulk of their net worth. Given this reality, it's no wonder that some individuals might look at their retirement savings and wish that they could utilize some of those funds...

Money at 30: 3 Ways to Avoid Unexpected Renewal Charges 3

We've all done it — you sign up for a subscription and forget about it. Then, probably 12 months later, you find an unfamiliar charge appear on your credit card. D'oh! While this may be common, there are ways to avoid it. With saving every dollar possible proving even more...

How Will Coronavirus Impact Students' Finances?

While nearly all Americans have been affected by the COVID-19 pandemic is some way, U.S. college students have been uniquely impacted. Not only have school closures meant the cancelation of graduation ceremonies but many of those who had been living on-campus were forced to vacate their homes as the virus...