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.
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Personal Finance
Money at 30: EveryDollar Review
by Kyle Burbank
For the most part, a lot of the budgeting apps I've reviewed have been fairly similar. Although they might include some different features and interfaces, they all largely do the same thing. That's what makes EveryDollar stand out as a unique option — for better or worse. So what is EveryDollar, how does it work, and what about it makes it so different? Let's take a closer look at the...
Personal Finance
Encircle Review — An Easy Way to Inventory Your Belongings
by Kyle Burbank
Take a second to think about all of the things that you own. If you're like most people, chances are that you'd be hard-pressed to make a comprehensive list of these items — let alone price them out if need be. While it may not be top of mind, there are actually some major benefits to taking an inventory of your home, ranging from renters insurance claims to keeping track...
Personal Finance
Uber to Acquire Postmates for $2.65 Billion
by Fioney Staff
After the chance to purchase one popular delivery service fell through for the company, Uber is on to the next. This week the ride-sharing company announced that it intends to acquire Postmates to further grow its own delivery offerings, including Uber Eats. The all-stock transaction is valued at approximately $2.65 billion. Currently the deal is expected to close in the first quarter of 2021. The agreement to purchase Postmates comes...
Personal Finance
Galileo Officially Launches Galileo Instant for Debit Card Creation
by Fioney Staff
One major trend seen in the FinTech industry in recent years has been the roll-out of branded debit cards. Now, Galileo is looking to make creating such offerings even easier. Recently, the company announced the official launch of Galileo Instant after originally debuting a beta of the program in November of last year. According to Galileo, Instant will allow businesses to launch their own debit cards in as little as...
Personal Finance
U.S. Unemployment Rate Retreats to 11.1% in June
by Fioney Staff
Last month saw more Americans returning to work, even as the COVID-19 pandemic rolls on. According to the latest Bureau of Labor Statistics report, the United States economy reclaimed 4.8 million jobs in June. That's a notable increase from the 2.7 million added in May (adjusted from the original 2.5 million reported) and, as Axios notes, well exceeds the 3 million jobs that economists had anticipated to see from this...
Personal Finance
FICO Introduces New Consumer Resilience Index
by Fioney Staff
In recent years, there's been plenty of discussion about making changes to the credit score system that most Americans are forced to live by. In addition to some FinTech lenders developing their own decision algorithms, products such as Experian Boost have allowed consumers to provide more information that might help their approval odds. Now the Fair Isaacs Corp. (FICO) has developed a new tool that may assist lenders in their...
Personal Finance
Money at 30: "Passive Income, Aggressive Retirement" Book Review
by Kyle Burbank
As I may have mentioned in earlier columns, I've been making a point of doing more book reviews as of late. Yet, when I set out this goal, I didn't really have a reading list in mind. That's why it's always exciting to discover a new potential option — in this case, Passive Income, Aggressive Retirement by Rachel Richards. I first heard about this book thanks to a post on...