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.
At Fioney we stay on top of the latest economic trends, financial products, and money management strategies in order to provide the knowledge to help you use the money you have today to live the life you want.
Learn to make your money work for you. Whether it’s getting debt free or buying a home we have you covered.
Personal Finance
Survey: 64% of Credit Users Cite Inflation Among Top Money Concerns
by Fioney Staff
Overall inflation in the United States continues to reach multi-decade highs. In fact, in March 2022, the Labor Department's Consumer Price Index recorded an 8.5% year-over-year increase, marking the largest annual gain since December 1981. As a result, consumers are feeling the pinch as prices on the goods they buy increase. Now, a survey of more than 1,200 credit card customers found that many are not only worried about the...
Personal Finance
Neobank Ando Announces Launch of "Change that Counts" Feature
by Fioney Staff
In celebration of this year's Earth Day (which took place on April 22nd), a growing FinTech unveiled its latest plan to help consumers combat climate change. Last week, Ando formally announced the launch of its Change that Counts feature. Now, customers can elect to round-up their purchases to the nearest dollar, with the change going toward the planting of one tree. For example, a purchase of $4.27 would be rounded...
Personal Finance
Digit Saving App Review
by Kyle Burbank
Everyone knows that they should strive to save money and break the cycle of living paycheck to paycheck... but that's always far easier said than done. Most of the reason for this is strictly financial but a part of it can actually be mental as well. Sometimes looking at your checking balance might lead you to believe that you simply can't afford to be setting aside anything. Enter Digit and...
Personal Finance
Revolut Partnering with Cross River to Offer Personal Loans
by Fioney Staff
Fresh from a massive funding round, Cross River Bank is continuing its FinTech rise, announcing a new partnership with the neobanking app Revolut. As a result, the popular platform will be rolling out a new feature that will allow users to apply for personal loans. Revolut customers will be able to check current loan rates with no impact to their credit. These loans will apparently have no late fees, origination...
Personal Finance
Money at 30: Lessons I Learned from This Tax Season
by Kyle Burbank
It's now been several years since I've been on my own as far as tax preparation goes. Once upon a time, my father — who was a CPA in another life — would navigate me through the process, ask me about potential deductions I might qualify for, and eventually print off a stack of paper for me to sign and mail in. However, around the time that I started being...
Personal Finance
Earn Passive Income By Renting Your Timeshare
by Kyle Burbank
Depending on who you ask, timeshares are a great way to save on vacation or a money trap that’ll end up costing you. Despite some of the negative connotations some of these arrangements carry, the popularity of timeshares continues. In fact some properties have evolved their models, making them more flexible and allowing owners to get the most use out of them. Still, what do you do if you still...
Personal Finance
Wagestream Announces $175 Million Investment Round
by Fioney Staff
A FinTech platform aimed at helping workers improve their financial health has raised a significant investment for itself. This week, Wagestream announced it had raised a total of $175 million as part of its latest funding round. The Series C includes a $60 million equity component led by Smash Capital — a U.S.-based firm that counts Epic Games, Reddit, and DuckDuckGo among its prior investments. BlackRock, Balderton Capital, Northzone, and...