Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
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Personal Finance
2022 Holiday Debt Reaches Record High in LendingTree Survey
by Fioney Staff
With the holiday shopping season now in the rearview and the New Year just ahead, an annual survey from LendingTree is assessing the damage done to consumers' debt load over the course of the season. First, although the survey found that slightly fewer Americans took on holiday debt this year compared to last (35% of respondents versus 36% in 2021), the average debt taken on rose. In fact, the $1,549... Personal Finance
Money at 30: 10 of My Favorite Money at 30 Articles from 2022
by Kyle Burbank
Amazingly, 2022 is already coming to an end. What's more, its final few days are in a weird sandwich where there are five "work days" between two holiday weekends. This weird setup inspired me to, yes, take things easy this week — but also to highlight some of my favorite columns that I've written this year. To compile my top 10, I decided to feature five of my reviews as... Personal Finance
BitNile to Launch Marketplace Site in March 2023
by Fioney Staff
A busy and diversified company known as a crypto mining firm (among many other things) has announced a date for its next expansion. This week, BitNile announced an official launch date for BitNile.com. According to a press release, the site will go live on March 1st, 2023. When it does, it promises to be the "premiere destination for exclusive goods and VIP experiences" — all of which accept Bitcoin. Ahead... Personal Finance
FinTech Money View Nears Unicorn Status with $75 Million Round
by Fioney Staff
An India-based FinTech is closing out the year by announcing its second significant funding round of 2022. As TechCrunch reports, Money View has raised a $75 million round. The Series E was led by Apis Partners with existing investors Tiger Global, Winter Capital, and Evolence also participating. However, Money View notes that the round is not yet closed and it expects to add to this latest total. This follows a... Personal Finance
Majority of Americans Found 2022 to Be Economically Difficult
by Fioney Staff
With 2022 coming to a close, many are now looking ahead to the new year. Unfortunately, it seems that some consumers have had a rough financial year that's left them pessimistic about what's ahead. According to Slickdeals' survey of more than 2,000 Americans, 58% of respondents described 2022 as being "economically difficult." This was a major change from 2021 when only 15% of those surveyed said the same. In fact,... Personal Finance
Apex, Unifimoney Partner for Community Bank Investment Services
by Fioney Staff
Two FinTech firms are joining forces in a bid to bring more financial services to smaller traditional banks and institutions. Recently, Apex FinTech Solutions and Unifimoney announced a partnership that will bring new services to customers of community banks and credit unions. Together, the companies will allow those institutions to offer investment services to account holders. These offerings could include Robo Advisory as well as stock and ETF trading. Apex... Personal Finance
Survey Finds Majority of Millennials Willing to Change Banks
by Fioney Staff
As the year comes to a close and Americans set resolutions, it looks as though a number of consumers will be seeking a new banking account in 2023. A recent survey conducted by the FinTech M1 found that 71% of Millennials surveyed would consider changing their primary bank in order to receive a higher annual percentage yield (APY) on their funds. That figure rose to 79% among those intending to...