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
Eco Raises $26 Million in Latest Investment Round
by Fioney Staff
With cryptocurrencies and blockchain continuing their march into the mainstream, venture capitalists are taking notice of startups utilizing these technologies in new and interesting ways. Recent weeks and months have brought a flurry of investments to their firms. The latest in this line is Eco, which has just revealed an eight-figure funding round. This week, Eco announced that it had raised $25 million in its latest funding round. The Series...
Personal Finance
IRS Opens "Get My Payment" Tool for 2021 Economic Impact Checks
by Fioney Staff
With another round of Economic Impact Payments now going out to many Americans, the Internal Revenue Service (IRS) has updated its Get My Payment tool. According to the IRS, payments authorized by the American Rescue Plan Act began reaching individuals as early as March 12th, with an official payment date set for March 17th. This tool will provide individuals with the expected payment date, inform them that they're eligible but...
Personal Finance
BlockFi Announces $350 Million Funding Round
by Fioney Staff
With Bitcoin and other cryptocurrencies continuing to show strength, FinTechs that make such assets more accessible or who utilize them in interesting ways are seeing impressive growth as well. In turn, recent weeks have brought significant investments to such firms. The latest example of this trend is BlockFi, which just revealed an impressive funding round. Today, BlockFi announced that it had closed a $350 million funding round that valued the...
Personal Finance
Bitcoin Investment Strategies Firm NYDIG Raises $200 Million
by Fioney Staff
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
by Kyle Burbank
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
by Fioney Staff
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
by Fioney Staff
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.