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
Personal Finance
Bitcoin Investment Strategies Firm NYDIG Raises $200 Million
With the cryptocurrency market continuing to grow, another FinTech that specializes in the space is seeing a major investment. This week, NYDIG announced that it had raised $200 million in investments from strategic partners. Described as a "growth capital round," the raise was led by Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual, Soros Fund Management, and FS Investments. Returning investors Bessemer Venture Partners and FinTech Collective also...
Personal Finance
Money at 30: "Nomadland" Book Review
Under normal circumstances, Hollywood's annual awards season would have already concluded by this time of year. Of course, the past several months have been anything but normal — including for the film industry. In any case, as we enter a delayed 2021 awards season, one movie seems to be the odds-on favorite having already won Best Motion Picture - Drama at the recent Golden Globes: Nomadland starring Frances McDormand. Although...
Personal Finance
American Credit Card Consumers Paid Down a Record $82.9 Billion in 2020
For only the second time in 35 years, Americans ended last year with less credit card debt than they started it with. Although U.S. consumers added $36.7 billion to their credit card debt during the fourth quarter of 2020 — snapping a three-quarter payoff streak — that wasn't enough to erase the progress of the previous months. As a result, credit card debt fell by a record $82.9 billion year...
Personal Finance
U.S. Economy Gains 379,000 Jobs in February
The short month of February saw thousands of jobs return to the United States. According to the latest Bureau of Labor Statistics data (as reported by Axios), the U.S. regained 379,000 jobs last month. That result well outpaced the 210,000 jobs that economists had expected to see. Furthermore, it was the best month for growth since October of 2020.
Personal Finance
American FinTech Council Forms to Highlight Financial Inclusion, Transparency
As various financial technologies have grown in recent years, so has regulatory scrutiny. What's more, among several well-intentioned startups, some bad actors have given the online lending and greater FinTech industries bad names at times. To combat this, some companies have banded together in order to help influence any regulations that may come down the pike. Now, two such organizations are coming together in a bid to further expand their...
Personal Finance
Acorns vs. Robinhood: Which is Better for Beginning Investors?
Acorns and Robinhood — are aimed at would-be investors who may be intimidated by the traditional world of investing. Which is better for beginners?
Personal Finance
