Personal Finance News

Ameritrade Survey Finds Many Investors Lack Knowledge of Retirement Accounts

by Fioney StaffMar 22, 2019

How much do you know about your retirement accounts? Even if you contribute to an employer-sponsored 401(k) or even a traditional IRA, chances are you still might not be familiar with all of the rules, requirements, or fees that come with them. To prove this point, recently Ameritrade interviewed 1,006 U.S. adults over the age of 22 with more than $10,000 in investable assets and tested their knowledge about various...

Small Business Tips

Become a Successful Solopreneur With These Essential Tools

by Fioney StaffMar 21, 2019

Has there ever been a better time to be an entrepreneur? Between the strong economy, a growing number of sales outlets, and “side hustle” culture abounding, it’s really no wonder that small business optimism reached record levels last year. Speaking of side hustles, a recent development is the the rise of the “solopreneur” who are running businesses in their spare time before potentially turning them into full-time operations. Of course,...

Economic News

Federal Reserve Seems Unlikely to Raise Rate This Year

by Fioney StaffMar 21, 2019

Over the past year, one recurring economic story has revolved around the Federal Reserve. That’s because the central banking system spent 2018 slowly raising interest rates from their historically low levels — much to the dismay of the President. Although that trend was expected to extend into this year, it now seems that may not happen after all. At a meeting on Wednesday, not only did the Federal Reserve vote...

FinTech News

Micro-Investment App Stash Adds Stock-Back Rewards to Debit Card

by Fioney StaffMar 20, 2019

The choice between using a debit card and a credit card isn't always so simple for consumers. Although the former is often seen as a more financially wise choice, most debit cards don't offer the same kinds of perks that many credit cards do. In response to this conundrum, a number of FinTech firms have started rolling their own debit card products that seek to reward users in some interesting...

Money Management Tips

Money at 30: What If You Need to Move Your Stock Portfolio?

by Kyle BurbankMar 19, 2019

So far 2019 has been a year of learning for me. More specifically, as a newbie investor, I’ve been trying to expand my portfolio and put more of my extra funds into the market. This journey has led to a few questions regarding different brokerage account options and the pros and cons that come with them. Something that’s plagued me ever since Robinhood made headlines for all the wrong reasons...

Personal Finance News

Chase Introduces New Checkless Accounts with Lower Fees

by Fioney StaffMar 19, 2019

It may be surprising to some but, according to a 2017 Federal Deposit Insurance Corporation (FDIC) report, 6.5% of households in the United States don’t have a traditional bank account. There are many reasons why Americans are unbanked but, anecdotally, rising fees are among the biggest reasons for what's keeping some away. Now one big name in banking is introducing a new type of account with a reduced flat fee....

Money Management Tips

Last Minute Tax Reminders for 2019

by Kyle BurbankMar 18, 2019

A lot of things can go wrong when preparing your return and so waiting until mid-April is really just asking for trouble. This is especially true if, like me, you plan on trying out some of the free tax filing options and/or are new to this whole process.

Economic News

Despite Recent Dip, Housing Market Looks for Spring Uptick

by Fioney StaffMar 18, 2019

Winter has never been a popular time to buy to home but a recent dip did have some economists concerned. In January home sales fell 1.2% from the prior month, leading some to ponder whether it was a sign of a larger slowdown. However, as CNN Business reports, analysts have a few reasons to believe this spring will see homes sales bloom once again. The first factor adding to this...