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
Justice Department Files Lawsuit to Block Visa's Plaid Acquisition
Reports that the United States Department of Justice was considering action against Visa in regards to their planned acquisition of Plaid came to fruition this morning. As TechCrunch reports, the Justice Department has filed suit against both companies on antitrust grounds. Earlier this year, Visa announced that it intended to purchase Plaid for an eye-popping $5.3 billion. Now, that deal could be in peril. For those unfamiliar, Plaid offers an...
Personal Finance
Zelle Tops 1 Billion Transactions in the Past 12 Months
When it comes to peer to peer payments, often times FinTechs such as Venmo, Square Cash, and others come to mind. Yet, one competitor has managed to grow without much fanfare: Zelle. Now, Early Warning Services, LLC (the network operator behind Zelle) announced that the service recently achieved a major milestone. According to Zelle, the platform processed more than one billion transactions between September 2019 and September 2020. That milestone-breaking...
Personal Finance
Money at 30: "The Path" Book Review
When I was a kid, I distinctly remember listening to non-fiction self-help-ish audiobooks as my dad drove us to karate class, the zoo, or wherever else. Alongside the likes of Zig Ziglar was Tony Robbins — a gruff-voiced guru coach who'd talk not only about motivation but also money. Cut to 25 years later and, as I scroll Audible, I see that Tony has a new book out with co-author...
Personal Finance
Credit Karma Reportedly in Talks to Sell Tax Prep Platform to Square
Earlier this year, Intuit announced plans to purchase the personal finance tool Credit Karma for a whopping $7.1 billion. Of course, with Intuit perhaps being best known for its TurboTax software, one major question about the proposed purchase was what would become of Credit Karma's free Credit Karma Tax service? Now reports suggest that that the company could be seeking to offload the platform onto a fellow FinTech: Square. Initially...
Personal Finance
WalletHub Highlights Most Financially Distressed Cities Amid Pandemic
There's no doubt that the COVID-19 pandemic has affected every American and billions of other people around the world. That said, the economic impacts that have been a side effect of the outbreak have been felt more in certain American cities. That's why the personal finance site WalletHub recently compiled a list of the most financially distressed locations amid the pandemic. To arrange the list WalletHub looked at the 100...
Personal Finance
IRS Announces 2021 Tax Brackets, Saver's Credit Eligibility Limits
At long last, the end of 2020 is now in sight. Ahead of 2021's arrival, this week the Internal Revenue Service revealed a number of changes that will impact the 2021 tax year. This includes making inflation adjustment to key parts of the tax code including marginal tax rate brackets, the standard deduction, IRA contribution deduction eligibility limits, and more. First up, the new year will bring modest adjustments to...
Personal Finance
