personal finance News
Latest articles and news about personal finance on AXL Media.
Latest Articles
- Active Fund Managers Face Historic Underperformance Against Market Benchmarks
Published: Apr 28, 2026
Section: Banking & Finance
The latest S&P Dow Jones SPIVA scorecard reveals a difficult landscape for actively managed funds in New Zealand. Data from 2025 shows that a vast majority of active global and dom...
- Systems Engineer Retires Early With Four Million Dollars While Maintaining Deceptive Poverty to Avoid Relatives
Published: Apr 16, 2026
Section: US & Canada
A 51-year-old systems engineer and his wife successfully retired with a $4 million nest egg but opted to pretend they are "dead broke" to ward off persistent financial requests fro...
- Navigating Policy Complexity to Bridge South Africa’s Financial Literacy Gap in Insurance
Published: Apr 14, 2026
Section: Africa
Approximately 51 percent of South African adults are currently classified as financially literate, leaving a significant portion of the population vulnerable to misunderstood finan...
- Majority of Gen Z Adults Rely on Parental Subsidies Amid Rising Financial Strains on Families
Published: Apr 12, 2026
Section: Banking & Finance
A new study reveals that 64% of young adults aged 18 to 28 continue to receive financial assistance from their parents for housing and essential costs. While experts suggest this s...
- Parental Dilemma: Daughter Rejects Financial Counseling After Frivolous Spending Habits Trigger Family Conflict
Published: Apr 12, 2026
Section: US & Canada
An Ohio father is seeking guidance after his 43-year-old daughter refused free financial counseling despite a history of bankruptcy and chronic debt. The dispute highlights a cycle...
- Kevin O’Leary Identifies Five Million Dollars In Liquid Assets As The Definitive Benchmark For Personal Wealth
Published: Apr 11, 2026
Section: Banking & Finance
Shark Tank investor Kevin O’Leary asserted that true financial independence is only achieved once an individual secures $5 million in liquid assets. During an appearance on Fox Bus...
- Mark Cuban Rejects Traditional Retirement Saving in Favor of Strategic Liquidity and Bulk Purchase Discounts
Published: Apr 8, 2026
Section: Banking & Finance
Billionaire entrepreneur Mark Cuban argues that the primary step toward wealth is maintaining liquid cash for opportunistic moments rather than locking funds in long term retiremen...
- JPMorgan Analysis Reveals Seven Core Habits Shared by Global Billionaire Families for Multigenerational Success
Published: Apr 4, 2026
Section: Banking & Finance
JPMorgan Private Bank has identified seven specific behaviors adopted by the world’s wealthiest families to maintain and grow their fortunes across generations. The findings emphas...
- GOP "One Big Beautiful Bill" Drives 11% Surge in Average IRS Tax Refunds for 2026 Season
Published: Apr 4, 2026
Section: Global Economy
The average American tax refund has climbed to $3,521 this year, bolstered by expansive tax cuts and credits within the Republican-led "One Big Beautiful Bill Act." While many earl...
- The Innovation Paradox: Why Job Insecurity Stifles Creative Contributions in the Modern South African Workplace
Published: Apr 4, 2026
Section: Africa
A new study highlights a growing tension between the corporate mandate for innovation and the psychological fear of job loss among workers. Despite 74% of employees being expected...
- Over Seven Million Student Loan Borrowers Face July Deadline to Exit Defunct Biden Era SAVE Repayment Plan
Published: Apr 2, 2026
Section: Markets & Money
The Trump administration has established a 90 day window beginning July 1 for 7.5 million borrowers to transition out of the blocked Saving on a Valuable Education program. Affecte...
- South African Households Urged to Fortify Financial Foundations Amidst Intensifying Middle East Geopolitical Instability and Inflation
Published: Apr 1, 2026
Section: Africa
Momentum Advice CEO Hannes Van Den Berg has outlined essential strategies for domestic financial resilience as global conflict drives up Brent crude prices. The guidance emphasizes...