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
Credit-Building Platform Stellar Raises $7 Million Seed Round
by Fioney Staff
Thanks to the current FinTech landscape, there are now several ways of establishing credit. This includes options such as credit-builder loans, debit cards that act as secured credit cards, and even regular credit cards and loans that utilize alternative decision-making methods. Now, a startup with yet another idea on how to help consumers improve their finances has garnered a significant investment. This week, Stellar announced that it had raised $7...
Personal Finance
Stilt Raises $114 Million, Launches "Credit-as-a-Service" Platform Onbo
by Fioney Staff
When looking at the FinTech industry, a recurring theme is the idea of bringing financial services to those who have traditionally been without such offerings. This includes making banking, investing, and lending products more accessible overall. Now, a startup with a focus on these very goals is raising money towards its efforts, while also rolling out a new platform that will expand its reach. This week, Stilt announced that it...
Personal Finance
Inflation Reached 7.9% in February, Highest YOY Increase in 40 Years
by Fioney Staff
American consumers who feel as though they're spending more and getting less these days aren't alone. In recent months, inflation has been a significant concern as prices on everyday items have steadily risen. Indeed, a new report shows inflation on the rise once again — and there are reasons to fear that things could climb even more. Today, the Bureau of Labor Statistics released its latest report, showing that the...
Personal Finance
Debt Consolidation: Is it a Good Deal?
by Kyle Burbank
Is your credit card debt continuing to haunt you? Ready to pay it off once and for all? Consolidating your debt could be the first big step toward achieving that goal. According to the Federal Reserve Bank of New York, U.S. consumer credit card debt totaled $800 billion in 2021 — and that was before the current crisis that has hit many Americans financially. Add in the fact that credit...
Personal Finance
Aspiration Partners with Lime to Support Tree Planting with Every Ride
by Fioney Staff
Those looking to zip around cities on an electric scooter will soon have a chance to make an even larger positive environmental impact thanks to a popular FinTech. Today, the neobank Aspiration announced a partnership with shared electric vehicle company Lime that will see the two companies working together to fight climate change. Now, those renting Lime vehicles will have the opportunity to fund the planting of a tree with...
Personal Finance
Money at 30: "My Money My Way" Audiobook Review
by Kyle Burbank
This past week, I had the chance to do a bit of international traveling. So, with a pair of 8-ish hour flights occupying my week, what better way to pass the time than listening to another recently-released personal finance audiobook? My choice this time around comes from Kumiko Love — AKA "The Budget Mom" — who released My Money My Way: Taking Back Control of Your Financial Life last month....
Personal Finance
U.S. Average Gas Prices Hit Record High Amid War in Ukraine
by Fioney Staff
On February 24th, Russia invaded the neighboring country of Ukraine. In response, nations around the globe have announced sanctions against Russia, with private companies also announcing they were pulling out of the nation. However, one industry that's heavily involved in the region is oil. Thus, as a result of the conflict, the price per barrel of oil has risen sharply. In turn, Americans are now seeing record high gas prices....