Category: Personal Finance
Personal Finance
Personal Finance
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 lifestyles. Finally, we'll cover investments, milestones, credit card bonuses, and more. As usual, this month’s list includes a couple of...
Personal Finance
Are Credit Reports the Same as a Credit Score?
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 aspect of their credit that could be hurting them in the long run. If you have questions about credit reports,...
Personal Finance
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 a rewards program to its customers. As of June 29th, all Afterpay customers will be able to opt into the...
Personal Finance
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, 53% now say they are "very likely" to achieve their retirement goals. This is up significantly from 2020 when only...
Personal Finance
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 of rearranging the order in which transactions post in a bid to maximize these fees. Now, at long last, another...
Personal Finance
Money at 30: Are Bank Bonuses Worth It?
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 — especially since I'm doing it for work anyway — but would I recommend bonus chasing to most people? Let's take...
Personal Finance
