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
Stackin' Announces $12.6 Million Funding Round
Despite concerns that the FinTech deals were slowing before the pandemic and would continue to slip as a result of shifting economic conditions, news of startups investments continue to roll in. This past week, Stackin' announced that it had raised $12.6 million in a funding round led by Octopus Ventures. The Series B also brought participation from new and existing investors such as Experian Ventures, TechStars, Cherry Tree Investments, Mucker...
Personal Finance
14% of Americans Report Tapping Retirement Savings During Crisis
During a time when most Americans are adapting to a "new normal," they may also be making adjustments to their finances — including to funds they'd normally set aside for retirement. As part of the CARES Act, workers can now borrow a larger portion of their retirement savings (the lower of 100% or $100,000 versus the normal 50% or $50,000 limit). Additionally, the 10% penalty that is typically assessed to...
Personal Finance
Samsung Launching Debit Card Product with SoFi
Even in our "new normal," the FinTech SoFi continues to make a splash. Not only has the company debuted several new products in recent months but has also revealed a handful of acquisitions and partnership. The latest on that latter list is Samsung. This week, the companies officially unveiled what's being dubbed "Samsung Money by SoFi." The upcoming product promises users higher-interest earning, savings and money management tools, and more...
Personal Finance
2020 Mezu and MezuCard Review
What did we do before apps like Venmo and Square Cash? Given how easy these peer to peer (P2P) payment apps have made sending money between friends, it’s really no wonder why they’ve become so popular. That said there is one minor flaw in these apps: you typically need to know the e-mail address, name, or phone number of a person in order to send money to them. That’s where...
Personal Finance
Money at 30: "Quit Like a Millionaire" Book Review
Earlier this year, I decided that one of my goals for 2020 was to do more book reviews. Somehow, this became both easier and harder to attain as quarantine set in. So, with my local library closed, I instead turned to Amazon to see what titles I should add to my queue. That's how I first came across Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required by...
Personal Finance
Real Estate Tech Company Spruce Raises $29 Million
One recurring theme in the world of FinTech has been the ability to conduct virtual, digital transactions whereas in-person meetings were once required. While these innovations first replaced simple functions such as sending money directly to a friend or family member, they've grown to include more complex transactions, such as buying real estate. That's where the company Spruce comes in — and, this past week, the firm got a boost...
Personal Finance
