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 Files Paperwork for Planned Initial Public Offering
by Fioney Staff
One of the largest, most popular, and often controversial FinTechs is apparently getting ready to go public. This week, Robinhood announced that it had confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC). While this filing confirms the company's eventual plans for an initial public offering, the SEC will need to complete a review process first. In turn, the number of shares to...
Personal Finance
Money at 30: 3 Debit Cards I Actually Use (and Why)
by Kyle Burbank
If you asked me 10 years ago whether debit cards or credit cards were better, I would have definitely said the former. After a bad brush with credit in my early 20s, I was a debit-only guy until I got married. Then, once realizing that my credit had since rebounded beautifully, I also discovered the value that rewards credit cards can offer. Thus, for 90-something percent of my purchases, I'm...
Personal Finance
Revolut Applies for U.S. Bank Charter
by Fioney Staff
Another FinTech app has announced that it's looking to become a bank. As TechCrunch reports, London-based Revolut has filed a draft application with the California Department of Financial Protection and Innovation as well as the Federal Deposit Insurance Corporation (FDIC). If granted, the charter would allow Revolut to offer a greater number of financial services on its own. Currently, Revolut partners with Metropolitan Commercial Bank for its U.S. debit products...
Personal Finance
What is WalletHub? A Look at the Free Credit Monitoring Service
by Kyle Burbank
WalletHub is another free credit-monitoring site similar to CreditSesame and Credit Karma. However, while WalletHub does include a number of comparable data points to those competing sites, it also offers a wealth of information and helpful tools that make it stand out from the pack. In Kyle's review he'll take a closer look at WalletHub and how it stacks up in the credit-monitoring space.
Personal Finance
Equity Crowdfunding Platform Republic Announces $36 Million Round
by Fioney Staff
Equity crowdfunding platform Republic has just announced that it's raised $36 million in its latest funding round. The Series A was led by Galaxy Interactive while Tribe Capital, Motley Fool Ventures, and Broadhaven Ventures also participated. With the new round, Republic has now raised more than $70 million since its founding in 2016. Republic's platform allows both accredited and retail customers to invest in startups, cryptocurrency, real estate, and videos. On the site, investors can...
Personal Finance
Clarity Money Review
by Kyle Burbank
Overall I'd say that, if you really want an app to help you track your spending and stay on top of your budget, Clarity Money likely won't have everything you're looking for (perhaps try Mint instead or in addition). However, as a banking hub and a daily financial feed, the app excels and sets itself apart from other personal finance apps on the market.
Personal Finance
IRS Reportedly Planning to Postpone Tax Filing Deadline
by Fioney Staff
Last year, as COVID-19 infections began to rise in the United States just as tax season was in full swing, the Internal Revenue Service (IRS) announced that it would be delaying the tax filing deadline. In that case, the agency ultimately moved the filing and payment date to July 15th, 2020. Now, it looks as though the IRS might make a similar move for 2021, potentially pushing the filing date...