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
EV Automaker Rivian to Offer IPO Shares on SoFi Invest
by Fioney Staff
In recent years, the true power of retail investors — especially those using FinTech apps such as Robinhood and others — has been on full display. Thus, earlier this year, some of these platforms began offering customers the ability to purchase initial public offerings shares at their list price before they hit the market. Now, the much-hyped electric vehicle manufacturer Rivian has revealed that it will be inviting SoFi users...
Personal Finance
Freelancer Financial Tool Able Raises $3.2 Million
by Fioney Staff
A FinTech platform that looks to help self-employed creators and freelancers with their money has raised some of its own. This week, Able announced that it had closed a $3.2 million investment. The seed round was led by Elefund while Moonshots Capital, Next Coast Ventures, Signal Peak Ventures, and LocalGlobe also participated. With the funding, Able plans to expand its reach after launching its app earlier this year. Able is...
Personal Finance
Survey: Majority of Gen Zers Report Making Positive Money Steps
by Fioney Staff
For years, many Americans along with members of the media have often mistakenly referred to freshly-graduated and college students as "Millennials" when, in fact, it's now Gen Z that is entering adulthood. As they do so, Gen Zers are learning a lot about money — especially during the past 18 months or so. However, as a recent Bank of America survey of 18 to 24-year-olds shows, a majority of these...
Personal Finance
Money at 30: Are Discount Airlines Worth It? 3 Big Things to Consider
by Kyle Burbank
At the time that I'm writing this, I've just returned from a week in Las Vegas. This latest trip also meant another flight on the discount airline Allegiant, which I've now flown several times and have reviewed in depth. But, while I've gotten used to some of the quirks that come with flying a discount carrier, it occurs to me that many others may have questions about them — especially...
Personal Finance
Klarna Announces Strategic Partnership with Stripe
by Fioney Staff
In recent months, news related to "buy now, pay later" (BNPL) platforms has been coming fast and furious. Now, one popular service is expanding its reach thanks to a massive FinTech firm. Today, Klarna announced a strategic partnership with the payment platform Stripe. As a result of the partnership, retailers that employ Stripe can now add Klarna as one of the preferred payment methods without any additional application or onboarding...
Personal Finance
Mastercard and Bakkt Extend Crypto Partnership
by Fioney Staff
Last week, Bitcoin hit a new record high as interest in digital currencies continues to climb. While the asset's price has dipped modestly since, that hasn't dampened the outlook that various FinTechs, financial institutions, and others have for cryptocurrency. The latest example comes from Mastercard, which has just announced an expanded partnership with Bakkt. The partnership will allow Mastercard to offer Crypto-as-a-Service. In turn, this will enable Mastercard partners to provide...
Personal Finance
Digital Gift Ideas: Picks to Consider in 2021
by Kyle Burbank
It's not even Halloween yet and there's already panic about the winter holiday season. That's because several U.S. businesses are currently eduring a variety of supply chain issues while bracing for more. Although steps are now being taken to hopefully avoid the worst of this, consumer might want to start considering alternatives as the shopping season gets underway. In particular, it may be worth looking at gift ideas that aren't...