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
FinTron Announces Partnership with LendingClub Bank
by Fioney Staff
Over the past few years, several FinTech firms have taken a stab at building a better banking account. In many cases, these startups are able to tailor the banking experience to better serve a specific type of customer. Yet, these bold ideas cannot become reality without the help of a licensed bank that can provide FDIC insurance to customers. With that in mind, this week, FinTron announced a partnership with...
Personal Finance
Tesla Discontinues Acceptance of Bitcoin for Vehicles
by Fioney Staff
Elon giveth and Elon taketh away. Less than six weeks after Tesla began accepting Bitcoin as a form of payment for its famed electric vehicles, Musk has announced that the company will halt this practice. In turn, the price of $BTC has fallen sharply. In a tweet, Musk cited environmental concerns related to the mining of Bitcoin as the reason why the car company was suspending acceptance. He wrote, “We...
Personal Finance
SoFi Introduces New Weekly Dividend ETF $WKLY
by Fioney Staff
Over the past few years, SoFi has continually kept things interesting by debuting new features and products at a rapid clip. Now they’re at it again, adding another exchange traded fund to its line-up. This week, SoFi introduced its latest ETF: the SoFi Weekly Dividend ETF ($WKLY). With this ETF, shareholders will receive weekly dividend distributions — or so the ETF intends. As the FinTech explains, “Securities selected for the...
Personal Finance
Astra App Review
by Kyle Burbank
It’s often been said that one of the keys to bettering your finances is automation. By setting up good money habits, tasks like saving and budgeting suddenly don’t feel as painful. With that in mind, the app Astra takes automation to the next level, offering some unique transfer options along with other handy features. So how does Astra save you hassle when it comes to managing your money? Let’s take...
Personal Finance
Credit Card Confidence Increased in April
by Fioney Staff
It seems as though a greater number of Americans were prepared to pay off their credit cards last month than they have been at any other point so far this year. The latest update to LendingTree’s monthly index shows credit card confidence once gain on the rise. During the month, 71% of those surveyed stated that they would definitely be able to pay off their credit card balance in full....
Personal Finance
United States Economy Gained 266,000 Jobs in April
by Fioney Staff
This morning, the United States Labor Department had good and bad news about the nation's economic recovery. According to the agency's latest report, the U.S. added 266,000 jobs during the month of April. While any gain in jobs is a good thing, the disappointment comes from the fact that economists had anticipated numbers to reach as high as one million jobs. What's more, March's figures were revised down by 146,000,...
Personal Finance
Mastercard Names Six Startups for Latest Start Path Accelerator
by Fioney Staff
Mastercard's award-winning Start Path program is ready for its next round. This week, Mastercard announced the latest six FinTechs that will participate in its accelerator. These startups include: Asante Financial ServicesCledaraJifiti Moeda Seeds SpenDebt's Tippy Launched in 2014, the Start Path program has previously helped more than 250 startups develop their products and build their connections. In fact, Start Path alumni have gone on to raise more than $3 billion in investments. Because...