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: 36% of Americans Took on Debt from Holiday Season
by Fioney Staff
As we count down the final hours of 2021, it looks as though a number of consumers will be carrying some new debt into 2022. According to a survey by LendingTree, 36% of Americans came away from the holiday shopping season with debt. However, in some good news, the average amount of that debt decreased from last year. In 2021, the average incurred debt load came in at $1,249 compared...
Personal Finance
Robinhood Offers Update on Crypto Wallet Feature, Announces Beta
by Fioney Staff
In September, the trading app Robinhood announced that it would begin rolling out one of the most commonly-requested features: cryptocurrency wallets. While the platform added the ability for users to buy and sell select crypto assets in 2018, those assets weren't able to be transferred to external wallets or used for payment. However, in a new blog post, the app clarified that very few users have been able to test...
Personal Finance
Money at 30: "Rich as F***" Audiobook Review
by Kyle Burbank
To cap off 2021, I decided to take one last dive into the Audible library to find a financial audiobook that might strike my fancy. What I came across was Rich as F***: More Money Than You Know What to Do With by Amanda Frances. While I'm unfamiliar with Frances, I'd be lying if I said the title and cover didn't grab my attention. Additionally, while the printed version of...
Personal Finance
GasBuddy: Fuel Prices Expected to Rise For Several More Months
by Fioney Staff
With 2022 about to get underway, there have been several predictions about what the new year will bring. Among them is a forecast that gas prices will get worse overall before they get better. According to data from GasBuddy (as reported by CNN Business), it is expected that the average price per gallon of gas will reach $3.41 in 2022 compared to a $3.04 average this year. Moreover, the site...
Personal Finance
India-Based Digital Banking App Jupiter Raises $86 Million
by Fioney Staff
When the book closes on 2021, it will surely show a record-smashing year in terms of FinTech deals. And while there have been plenty of big funding rounds from stateside startups, companies around the world have also seen success in attracting investors. The latest example of this is India-based neobank Jupiter, which just recently raised its second round of 2021. As TechCrunch reports, Jupiter recently closed an $86 million funding...
Personal Finance
Survey: Nearly 70% of Americans Celebrated Financial Wins in 2021
by Fioney Staff
With Christmas Day now practically upon us, it seems many Americans have already received a different type of gift this year. According to a survey of 2,050 U.S. consumers, nearly 70% reported celebrating a financial achievement this year. Topping the list of the most common money win was a tie between paying off credit card debt and growing savings, each with 9%. Those were followed closely by "bought a car,"...
Personal Finance
Crypto Portfolio Tool Stacked Raises $35 Million
by Fioney Staff
During the pandemic, retail investment platforms have seen huge spikes in interest. This has been evident in the "meme stock" revolution as well as the growing popularity of free trading apps. Meanwhile, interest and investment in cryptocurrencies have exploded as well, with many consumers even moving beyond bigger assets such as Bitcoin and exploring opportunities found in smaller coins. Now, a platform that helps crypto investors maximize their portfolios has...