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.
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Personal Finance
Personal Finance
Gamified Savings Account Yotta Savings Raises $3.3 Million
Can a savings accounts that come with a chance to win a lottery jackpot change the way American consumers save? That's what Yotta Savings is betting on — and now so are several venture capital firms. As Crunchbase reports, Yotta has just closed a $3.3 million seed round. In addition to some angel investors, the round included participation from Slow Ventures, FundersClub, TwentyTwo VC, Chapter One, CapitalX, and Y Combinator. Notably, Yotta previously graduated from Y...
Personal Finance
Money at 30: SuperMoney Review
When it comes to taking out a loan, buying an insurance policy, or even getting a new rewards credit card, we all know that it pays to do your research and shop around. That said, the process of obtaining multiple quotes and looking for details on every offer can be extremely time-consuming — not to mention the additional time you’ll need to put into researching what other people have to...
Personal Finance
Money at 30: “The Psychology of Money” Book Review
One of the things I love most about the book reviews I've been doing for the past several months now is that, despite writing about finance for five years or so now, I'm consistently introduced to new insights, ideas, and perhaps even some "hot takes" about money. My latest bit of consumption is no exception and, in fact, may be the most paradigm-shifting read I've experienced yet. Released earlier this...
Personal Finance
Wirex Reaches Crowdfunding Goal in Just 90 Minutes
Who needs venture capital firms anyway? Apparently not Wirex as the U.K.-based payments company easily smashed its fundraising goal using the platform Crowdcube. This morning, the startup surpassed its initial ask of £1 million ($1.28 million) in less than an hour and a half. The campaign was opened to the general public following a priority access period for those who pre-registered. Currently, the company has moved to overfunding and is...
Personal Finance
IRS Alters 1040 Form to Make Crypto Question More Prominent
Taxpayers who hold, exchange, and transact cryptocurrencies will soon have one fewer excuses for not reporting these activities to the Internal Revenue Services (IRS). According to the Wall Street Journal, the new Form 1040 for the 2020 tax will make it harder to ignore a question about cryptocurrency assets. Now, the question that asks, "At any time during 2020, did you sell, receive, send, exchange or otherwise acquire any financial...
Personal Finance
FinTech Credit Card Company Petal Raises $55 Million
Throughout the past few months, at a time when the whole world is feeling disrupted, startups once called "disruptors" have found their services becoming more important than ever. In turn, there seems to be a streak of investments in these companies. Case in point: this week, Petal revealed that it had raised $55 million as part of its latest funding round. According to TechCrunch, the raise actually closed in April...
Personal Finance
