Category: Personal Finance
Personal Finance
Personal Finance
Robinhood Cash Management Account Review (2022)
It’s hard to believe that it’s now been several years since the stock trading app Robinhood announced it was launching a cash management account. That offering — then dubbed Robinhood Checking & Savings — was quickly scrapped and the entire episode was a bit of an embarrassment for the company. Nevertheless, the core of the idea was later resurrected and now exists as the Robinhood Cash Management account. Speaking of...
Personal Finance
Citi Becomes Latest Bank to Drop Overdraft Fees
One of the most oft-cited complaints about major banks can be boiled down to two words: overdraft fees. Famously, these penalities of $35 or more would be applied to consumers who overdrew their checking accounts by even $1 or less. Furthermore, regulators and customers have accused some banks of deliberately re-ordering transactions in order to maximize the number of fees imposed. However, in recent years, some banks have begun to...
Personal Finance
Money at 30: One Year Later - Was Our Apartment Upgrade Worth it?
A few years back, I penned a post about one of the downsides of rent, which is that upgrading is likely not a one-time expense and will impact you on a monthly basis in perpetuity. Despite these hesitations, one year ago, we signed a lease for a new apartment that cost about 50% more than we were paying (while also downsizing from a two-bedroom to a one-bedroom). A big reason...
Personal Finance
American Express Debuts Rewards Checking Account
American Express is expanding its offerings, launching its first all-digital consumer checking account. Dubbed Amex Rewards Checking, the new account is now accepting applicants. Despite being a checking account, American Express will offer customers 0.5% APY on funds held in their account. As for other features, accountholders will have access to more than 37,000 fee-free ATMs that are part of the MoneyPass network and will enjoy Purchase Protection on eligible...
Personal Finance
Budget Airlines Spirit and Frontier Plan Merger
Over the years, the airline industry has seen several mergers and acquisitions, leading to a current "Big Four" domestic airlines. At the same time, various challengers with different business plans have given flyers a variety of options. In particular, airlines such as Frontier and Spirit have cornered the budget market by unbundling the flying experience and allowing passengers to choose what amenities they want to pay for. Now, these two...
Personal Finance
Top 10 Personal Finance Articles of the Month — January 2022
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 off with some tips for improving your finances in 2022. Then we'll chat about investing amid some recent volatility. Finally, we'll cover the YOLO economy, intentional spending, dream rebalancing, and more. As usual, this month’s list includes a couple of Dyer News Top...
Personal Finance
