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
Upgrade Raises $280 Million Series F
by Fioney Staff
The appropriately named Upgrade just managed one of their own with its latest funding round. Today, the company announced that it had raised $280 million. The Series F was led by Coatue Management and DST Global with additional participation from Dragoneer Investment Group, Gopher Asset Management, G-Squared, Koch Disruptive Technologies, Old Well Partners, Ribbit Capital, Sands Capital, Ventura Capital, and Vy Capital. To date, the FinTech has now raised a total...
Personal Finance
Money at 30: "At Your Best" Audiobook Review
by Kyle Burbank
If you're anything like me, you probably go to bed thinking about what a productive day you're going to have come morning. Even as that new day unfolds, you still hold out hope that your to-do list will be crushed before the day's end. Yet, somewhere along the way, everything gets derailed and even a post-mortem can't help you determine just what exactly went so wrong. Seeing as this happens...
Personal Finance
Knott's Berry Farm Announces Cashless Initiative
by Fioney Staff
Throughout the pandemic, adoption of contactless payments has continued to grow. This not only includes use of mobile wallets but also tap to pay technology on traditional credit and debit cards. In turn, some retailers have also begun discouraging the use of cash or even disallowing acceptance of it all together. Now, a major Southern California theme park has joined the list of places where cash will be all but...
Personal Finance
Consumer Price Index Sees Largest 12 Month Increase in 30+ Years
by Fioney Staff
Amid the United States' continued efforts to recover from the pandemic and get Americans back to work, one of the biggest economic stories in recent months has involved inflation. Anecdotally, many consumers have reported seeing prices on essentials rise, impacting their personal finances. Now, the Bureau of Labor Statistics' October Consumer Price Index shows that prices are not only increasing but are doing so at levels not seen in three...
Personal Finance
Money at 30: BlockFi Interest Account Review
by Kyle Burbank
For years, I'd been hearing about cryptocurrencies and found myself increasingly intrigued. Unfortunately, at the time, I couldn't for the life of me figure out how to purchase, trade, or spend them. Thankfully, that's changed a lot in recent years as crypto and blockchain become more mainstream. Yet, what's interesting to me is that cryptocurrencies are still often treated as an investment instead of, well, currency. That's why BlockFi got...
Personal Finance
IRS Increases 401(k) Contribution Limit for 2022 Tax Year
by Fioney Staff
As the new year approaches, the Internal Revenue Service (IRS) has announced some changes to its retirement account contribution limits as part of its regular cost‑of‑living adjustments. Most notably, this includes an increase in the total amount employees can contribute to their 401(k) during the tax year. Additionally, income limits for IRAs and the Saver's Credit have been adjusted upwards as well. Next year, the employee contribution limit for 401(k)...
Personal Finance
Burger King Partners with Robinhood for Crypto Promotion
by Fioney Staff
There's no question that the past few years have seen cryptocurrencies growing increasingly mainstream. While trading these digital assets was once a challenging and technically advanced experience, now there are plenty of easy-to-use options. Speaking to that reality, iconic fast-food chain Burger King has announced a partnership with Robinhood that will allow customers to win crypto assets with their food orders. For a limited time, when Burger King Royal Perks...