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Personal Finance

Stories related to personal finance.

Here's the salary you need to be in the top 1% in all 50 states

Here's the salary you need to be in the top 1% in all 50 states

In some states, Americans need to earn more than $1 million annually to be a part of the top 1%, according to a study from GoBankingRates.

July 17, 2024 6:58am PDT
Consumers find mild relief as June inflation dips by 0.1 percent

Consumers find mild relief as June inflation dips by 0.1 percent

Inflation has slowed, thanks to a decrease in the gas index and the energy index.

July 12, 2024 1:59pm PDT
Leasing a car more popular, high-credit consumers choosing to lease more than 30 percent of the time

Leasing a car more popular, high-credit consumers choosing to lease more than 30 percent of the time

Car leases are becoming more popular as prices for cars still remains high.

July 11, 2024 5:26pm PDT
More than 1 in 3 US households have financial insecurity, survey says

More than 1 in 3 US households have financial insecurity, survey says

The number of American households that are feeling the strain when it comes to paying for necessities such as food and bills, saw a 6.7% increase in 2024 compared to the same period in 2022.

July 11, 2024 11:56am PDT
Some vacationers expect to use credit card for more than $5,000 of summer travel

Some vacationers expect to use credit card for more than $5,000 of summer travel

Some Americans plan to pay for vacations this summer with credit cards for points, while others are doing it because they can't afford to travel otherwise, a recent Debt.com survey said.

July 9, 2024 5:24pm PDT
$1M retirement savings won't last long in California: study

$1M retirement savings won't last long in California: study

A new statewide study found a million dollars in retirement savings won't last very long in California. 

July 8, 2024 10:57am PDT
Homeowners and renters struggling to afford the high cost of housing: survey

Homeowners and renters struggling to afford the high cost of housing: survey

Renters and homeowners have had to downsize, tap their retirement savings and delay critical housing repairs to afford the high cost of housing, a recent Nationwide survey said.

July 1, 2024 2:02pm PDT
Here's how much money Americans have to make to feel rich, according to survey

Here's how much money Americans have to make to feel rich, according to survey

A new survey reveals that few Americans are making the kind of money they feel they need to live comfortably or be considered rich.

July 1, 2024 11:19am PDT
Here's how much debt the average consumer has, and where it's the worst

Here's how much debt the average consumer has, and where it's the worst

Researchers analyzed credit reports in the 100 largest U.S. metropolitan areas to show where consumers have the highest balances.

June 28, 2024 3:08pm PDT
Medical debt may come off credit reports soon, helping Americans qualify for more financial products

Medical debt may come off credit reports soon, helping Americans qualify for more financial products

Medical debt often informs lender decisions, so removing these debts from credit reports can help borrowers qualify for more financing.

June 20, 2024 5:16pm PDT
Most student loan borrowers will struggle to pay at some point: survey

Most student loan borrowers will struggle to pay at some point: survey

Only 33% of borrowers are repaying student loan debt and 1 in 2 seek relief under an income-driven repayment plan or want outright forgiveness.

June 20, 2024 5:02pm PDT
Mortgage rates on the decline while applications rise: Freddie Mac

Mortgage rates on the decline while applications rise: Freddie Mac

The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.

June 17, 2024 4:05pm PDT
Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates

Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates

New Freddie Mac product would help homeowners tap their home equity without losing their existing low-rate first mortgages.

June 17, 2024 2:05pm PDT
Buy now, pay later products to be treated like credit cards, CFPB says

Buy now, pay later products to be treated like credit cards, CFPB says

BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.

June 12, 2024 4:56pm PDT
Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA

Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA

The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.

June 10, 2024 4:38pm PDT
Unemployment increased just slightly despite the US adding 272,000 jobs

Unemployment increased just slightly despite the US adding 272,000 jobs

Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.

June 7, 2024 1:50pm PDT
Borrowers urged to apply for Navient's private student loan forgiveness

Borrowers urged to apply for Navient's private student loan forgiveness

The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.

June 5, 2024 12:22pm PDT
States with highest, lowest personal incomes in 2024, according to WalletHub

States with highest, lowest personal incomes in 2024, according to WalletHub

The personal finance website WalletHub has released its list of states where people have the highest income in 2024.

June 5, 2024 7:09am PDT
The 10 cheapest new cars in 2024

The 10 cheapest new cars in 2024

Nissan, Kia, Hyundai and Mitsubishi dominate Cars.com's list of the cheapest new cars.

June 3, 2024 3:19pm PDT
Gas prices dropped by more than they have all year as after-holiday demand dips

Gas prices dropped by more than they have all year as after-holiday demand dips

Decreasing oil prices and less demand has caused a sizeable drop in gas prices this week.

May 31, 2024 4:35pm PDT
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