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
Upcoming BlockFi Credit Card Announces Additional Crypto Benefits
Late last year, BlockFi garnered headlines when it opened the waitlist for its Bitcoin Rewards Credit Card. At the time, the company announced that the BlockFi Credit Card would offer 1.5% cashback (paid out in the form of Bitcoin) on everything they buy in addition to a one-time Bitcoin bonus equal to $250 once they spend at least $3,000 on the card in their first three months. However, with the...
Personal Finance
Brex Becomes Latest FinTech to Apply for Bank Charter
For years, several FinTechs have considered or actually applied to open a bank of their own. The latest in this line is Brex. According to a Brex press release, the company has submitted an application with the Federal Deposit Insurance Corporation (FDIC) as well as the Utah Department of Financial Institutions (UDFI) to establish Brex Bank. This bank would be a wholly-owned subsidiary of Brex and would be located in...
Personal Finance
Survey Details What Banking Features Matter Most to Customers
Throughout 2020, the personal finance site MyBankTracker conducted a survey with nearly 2,000 Americans participating. Now, the latest results show that what consumers found important from savings accounts evolved in some notable ways during the year. For example, more respondents put an emphasis on customer service this past year, with 16.01% saying it was the most important banking account feature — up from just 9.10% that said the same in...
Personal Finance
Marcus by Goldman Sachs Launches Roboadvisor Platform
When most consumers think of Goldman Sachs, they likely think of a wealthy Wall Streeter. That's partially why the bank introduced its Marcus brand in 2016 as a means of courting a new consumer market. Now, Goldman is continuing those efforts with the debut of Marcus Invest — a low-fee roboadvisor platform. Marcus Invest will automatically allocate consumer funds in a portfolio of ETFs selected to match the customers' risk...
Personal Finance
Bitcoin Crosses $50,000 Mark to Set New Record High
The year of Bitcoin rages on. After breaking through the long-eyed $20,000 late last year, the cryptocurrency's value has continued to skyrocket. In fact it just set yet another new record as it sailed past a major milestone. After initially popping through the $50,000 threshold earlier in the week before pulling back, $BTC continued to rally. On Wednesday, the cryptocurrency climbed past $52,000 and has stayed on the far side...
Personal Finance
Investment Platform Public Announces $220 Million Round, Major Changes to App
In recent weeks, retail investors have been a big topic of discussion. With traders gathering on forums such as Reddit to discuss investments, the power that FinTech brokerage apps can give these customers was seen in a newsworthy short squeeze earlier this month. Now the app Public, which aims to make the stock market social, is shaking this up by not only revealing a new round of funding but also...
Personal Finance
