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
Investment App Stash Announces $112 Million Round
Late last year, the discount brokerage world saw a sea change as Charles Schwab and several other firms announced that they were dropping their trade commissions to $0. Although the move was likely aimed at FinTechs like Robinhood that had already been offering fee-free trades for years, it seems that it only widened the net of investors looking into Schwab, SoFi Invest, and others. Among the FinTech brokerages that have...
Personal Finance
United States Gross Domestic Product Falls 4.8% in Q1
Ever since mandated lockdowns and shelter-in-place orders related to the COVID-19 pandemic began, it was clear that the virus would take a toll on the United States economy. Sure enough, the past few weeks have brought multiple rounds of record-breaking jobless claims that now total more than 26 million in five weeks. Now the U.S. Bureau of Economic Analysis has released its first-quarter gross domestic product (GDP) report further demonstrating...
Personal Finance
Money at 30: How to Finance a New iPhone with Apple Card
Recently, Apple sounded the alarm and built up hype as it stealthily revealed the debut of a new iPhone. Well, a new-ish iPhone. Yes, those waiting for the latest and greatest will have to hold on for at least a few more months as this particular announcement brought a budget edition phone instead. Dubbed the iPhone SE — or the second-generation iPhone SE, technically — this new smartphone features the...
Personal Finance
Uphold Introduces Stablecoin Center, Adds Support for Tether and More
As the concept of cryptocurrencies has crept into the mainstream, it's come with concerns from outsiders. In addition to regulators who worry about market manipulation and money laundering, there have also been investors who fret over the severe volatility of such assets. Look no further than the famous Bitcoin run that saw prices skyrocket to nearly $20,000 before crashing back down to Earth. To solve this issue, some have turned...
Personal Finance
SoFi Invest Expands to Hong Kong with Acquisition of 8 Securities
SoFi's big year just got even bigger. This week the company not only announced that it would be bringing its SoFi Invest product to Hong Kong but also that it was acquiring the online brokerage firm 8 Securities in the process. The deal still needs to meet closing conditions but, once it's complete, the current 8 Securities platform will be rebranded with the moniker SoFi Hong Kong while keeping its current...
Personal Finance
Credit Bureaus Currently Offering Weekly Online Report Checks
With the COVID-19 pandemic not only taking a toll on the health of citizens but also on their finances, this week it was announced that Americans will have greater access to their credit reports for at least the next year. From now through April 2021, consumers will be able to obtain their official credit reports from all three major bureaus — Equifax, Experian, and TransUnion — once per week. Prior...
Personal Finance
