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.
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Personal Finance
Money at 30: Top 5 Personal Finance Apps and Tools to Watch in 2022
by Kyle Burbank
Every year, as part of my weekly column, I end up reviewing dozens of personal finance apps and tools. 2021 was no exception to this as I continued to discover new services in a variety of fields. Amazingly, for as many apps as I've explored, I'm still often surprised to find how many offer something unique or are just plain awesome. With that in mind, I'm excited to once again...
Personal Finance
Cion Digital Raises $12 Million to Expand Cryptocurrency Payments
by Fioney Staff
There's no doubt that 2021 was a breakout year for crypto. Not only did several assets see major price increases (along with plenty of volatility) but a number of startups in the cryptocurrency space also saw significant investments. Now, with 2022 officially underway, one crypto-centric FinTech is starting off the year by closing a new funding round. This week, Cion Digital announced that it had raised $12 million. The seed...
Personal Finance
U-Haul Data Shows Which States Americans are Migrating To
by Fioney Staff
As 2022 gets underway, many are still reflecting on the past year and the trends it displayed — especially economic trends. On that note, well-known truck rental service U-Haul has just released its 2021 U-Haul Growth Index. Using data from more than two million one-way truck rentals, U-Haul can determine which states more Americans are moving to. In 2021, the state seeing the largest growth was Texas. The Lone Star...
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...