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: Majority of Shoppers Plan to Make More Large Purchases in 2022
by Fioney Staff
If there's been a theme for 2022 so far, it'd have to be "cautious optimism." After nearly two full years of pandemic life — including multiple setbacks — Americans now seem ready to get back to normal ASAP. Displaying that optimism once again, the latest survey from WalletHub shows that many consumers are now ready to make large purchases this year, including ones they'd previously put off. First, 54% of...
Personal Finance
Walmart, Ribbit-Backed Hazel to Acquire One Finance and Even
by Fioney Staff
Just over one year ago, it was announced that Walmart and venture capital firm Ribbit would be partnering to launch an independent FinTech, with the company later being named Hazel. Today, it was announced that Hazel would be acquiring two companies: Even and One Finance. Once the transactions are completed — which is expected to happen in the second half of this year — the company will be known as...
Personal Finance
Money at 30: "Money Magic" Audiobook Review
by Kyle Burbank
Having completed another year of (near) monthly book reviews, it's time to start off 2022 on the right foot! Released earlier this month, Money Magic: An Economist's Secrets to More Money, Less Risk, and a Better Life by Laurence Kotlikoff is a title I encountered on one of my daily dives for finance news, leading me to cash in one of my Audible credits and listen to the audiobook (which...
Personal Finance
TPG, American Airlines Suing Each Other in Data Syncing Dispute
by Fioney Staff
When most consumers think about FinTech, one of the first examples that often comes to mind are aggregation apps. With apps such as Mint, Personal Capital, and many more, users can gather all of their financial account data in one place, making it easier for them to manage their money. However, the institutions on the other side haven't always been such big fans of this practice. In fact, a new...
Personal Finance
Cash App Adding Lightning Network Support for Bitcoin Payments
by Fioney Staff
Following an eventful 2021 (and a recent price crash), Bitcoin is looking to have a big year in 2022. Specifically, while many in the public see the crypto asset as a speculative investment play, a greater number of companies are working to make Bitcoin payments a more common reality. Among them is Block, Inc. (formerly Square Inc.) which has just announced plans to expand its crypto payment options. As TechCrunch...
Personal Finance
FinTech Funding Grows 169% in 2021 to Reach New Record
by Fioney Staff
Anyone paying attention to the FinTech field throughout 2021 could probably guess that it was a record-breaking year. Sure enough, new figures from CB Insights confirm that to be the case. According to the latest State Of Venture report, FinTechs raised a combined total of $131.5 billion in 2021. That marks a 169% increase over 2020's $49 billion total. The year was capped by a $34.9 billion Q4 that ranks...
Personal Finance
Neobank Current Introduces 4% APY Feature for Savings
by Fioney Staff
In recent years, savings account holders have likely seen the interest they earn from their funds fall tremendously. This decline has even been true among many FinTechs that have typically offered better rates than the big banks. However, one neobank is now rolling out a new feature that will allow customers to earn interest that's 60 times higher than the national average. This week, Current announced that customers will be...