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
Renters Insurance: How Pennies a Day Can Save You Thousands
Do you have renters insurance? Have you ever even heard of it? If not, you’re certainly not alone as surveys have found that less than 40% of those who rent carry a renters insurance policy. When you consider the fact that 95% of homeowners have homeowner’s insurance, it’s clear to see that renters insurance has a real awareness problem. Despite its apparent lack of popularity, I’ve had quite a few...
Personal Finance
U.S. Consumer Spending Increased in May, Income Fell
With the United States still navigating unprecedented times due to the COVID-19 pandemic, a new report brings both good and bad news on the economic front. According to the latest figures from the Bureau of Economic Analysis, personal consumption expenditures (PCE) grew 8.2% in May to reach $994.5 billion.
Personal Finance
Mastercard to Acquire FinTech Firm Finicity
To most people, companies such as Visa and Mastercard are viewed as institutions akin to banks. In reality, each of these firms consider themselves to be technology companies — or FinTechs, even. It should come as no surprise then that each card company has been looking to expand their offerings, both by partnering with and even acquiring FinTech startups. The latest example of this comes courtesy of Mastercard, which has...
Personal Finance
Verizon Announces Verizon Visa Card for Wireless Customers
Ever since Apple announced that it would be launching a credit card of its own, there has been a slew of brands introducing their own credit, debit, and savings products — including some seemingly left-field choices. The latest in the line-up is the U.S. wireless company Verizon, who has just unveiled the upcoming Verizon Visa Card. Launching on June 26th, this new card will be accepted everywhere Visa is but...
Personal Finance
Upgrade Raises $40 Million in Latest Funding Round
Once again setting aside fears that the coronavirus crisis would cripple FinTech investment, another notable deal was announced this week. This time it was Upgrade disclosing new funding, with the San Fransisco-based company revealing a $40 million round. Upgrade's latest round — a Series D — was led by Santander InnoVentures, which is the VC arm of Spanish bank Santander Group. Additionally, returning investors Ribbit, Union Square Ventures, Vy Capital...
Personal Finance
Survey Finds Majority of Americans are Struggling to Reduce Debt Amid Coronavirus Crisis
If it weren't already clear that the COVID-19 pandemic was hitting Americans in their pocketbooks, the latest edition of a financial literacy poll once again highlights some of the struggles consumers are having. The survey (conducted by Harris Poll) asked 2,000 U.S. adults about their current financial situation and what factors were impacting them. Headlining the survey was the fact that 55% of respondents say they're having a difficult time...
Personal Finance
