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
Robinhood Flounders in Market Debut, End First Day Down 8%
by Fioney Staff
After years of hype and some high-profile missteps, yesterday the stock trading app Robinhood went public, hitting the Nasdaq under the ticker symbol $HOOD. Unfortunately, the FinTech faltered in its debut, closing down 8% from its opening price. What's more, the $38 IPO share price was on the low end of the company's targetted pricing range. Robinhood's public offering was always set to be one to watch for a number...
Personal Finance
Talking About Money With Your Partner: Tips and Why It's Important
by Kyle Burbank
As we're all aware, it's rude to talk about matters of money... right? Whether or not you believe that rule stands in the case of dinner parties and family gatherings, there is definitely one person you absolutely should discuss finances with: your partner — or spouse, boyfriend/girlfriend, significant other, fiance, beau, betrothed, beloved, etc. In fact, while it's a topic that many couples would surely like to avoid, it's one...
Personal Finance
Landis Raises $165 Million to Help Americans Become Homeowners
by Fioney Staff
New York-based startup Landis has just landed a major investment that will help them continue their mission of turning renters into homebuyers. The $165 million round is comprised of debt and Series A equity financing. Leading the round was the most-active FinTech venture capital investment firm Sequoia Capital with participation from Arrive, Will Smith’s Dreamers VC, and Signia Venture Partners. To date, the company's total debt and equity raised totals $182...
Personal Finance
FinTech Funding Reaches Record High in Q2 2021
by Fioney Staff
FinTech is on fire! As the latest "State of FinTech" release from CBInsights notes, last quarter marked a boom for financial technology startup funding. In fact, Q2 set a new record for investment deals in the sector. According to the report, FinTech companies raised a total of $30.8 billion from venture capital firms last quarter. That was up an impressive 30% from the first quarter of the year — which...
Personal Finance
LendingTree Highlights Best and Worst Metros for First-Time Homebuyers
by Fioney Staff
Current first-time homebuyers seeking an affordable abode may find their search to be a bit perilous these days. Due to an overall lack of inventory, prices for homes that are for sale have reached record highs. Nevertheless, the site LendingTree has just released its rankings of the best and worst metro areas for first-time buyers. The latest report was compiled using data from more than 100,000 LendingTree users during the...
Personal Finance
Money Challenges: Pros, Cons, Examples, and Tools
by Kyle Burbank
If you've ever made an effort to start saving money, there's a good chance that you encountered a few stumbling blocks. For one, the ever-popular "spend less, save more" goal lacks the specifics necessary to make it stick. Meanwhile, while setting aside money might feel good at first, maintaining motivation can be difficult — especially when there's no immediate payoff in sight. That's why many savers have turned to money...
Personal Finance
Upgrade Launches Bitcoin Rewards Credit Card
by Fioney Staff
Another Bitcoin-earning credit card isn't just on the way — it's already here. This week, Upgrade announced the launch of its new Bitcoin Rewards Credit Card. The Upgrade Bitcoin Rewards Credit Card is essentially a crypto reskin of the FinTech's Cash Rewards card, earning 1.5% back in rewards. However, these rewards aren't earned upon purchase like with most traditional cards and are instead earned when purchases are paid off. Additionally,...