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
Total U.S. Household Debt Tops $14 Trillion
by Fioney Staff
Over the past several years, as the economy has continued to grow, so has the total amount of debt that Americans have taken on. While housing may make up the bulk of this debt, car loans, credit cards, and student loan debts are also on the rise. In fact, as Bloomberg reports, total household debt in the United States has now topped $14 trillion for the first time. The fourth...
Personal Finance
Charlie Messenger Review: Does the Penguin Really Give Good Money Advice?
by Kyle Burbank
No matter who you are, we could all use a little help when it comes to handling our money. This could mean everything from hiring a financial advisor or talking to a savvy friend to using an app or online service to keep an eye on your spending. But what if you could combine the feeling of chatting with a peer with the features offered by many finance apps? That’s...
Personal Finance
Members of China’s People’s Liberation Army Indicted for 2017 Equifax Hack
by Fioney Staff
In 2017, Equifax — one of three major credit bureaus in the United States — announced that they had experienced a breach. This resulted in approximately 147 million customers having their sensitive data exposed, including names, birthdates, social security numbers, and more. Then last year Equifax and the Federal Trade Commission announced that the company had agreed to pay at least $575 million to those impacted by the hack. Now...
Personal Finance
United States Economy Gains 225,000 Jobs in January
by Fioney Staff
This morning the first jobs report for 2020 was released — and it looks like the year is off to a running start. As CNN Business reports, the United States economy added an impressive 225,000 jobs during the month of January. That easily tops the 160,000 jobs expected by economists surveyed by the site. It also well outpaces the monthly average of 175,000 jobs seen throughout 2019. For the past...
Personal Finance
Majority of Americans Still Prefer Tax Refunds Despite Drawbacks
by Fioney Staff
As the 2020 tax deadline nears, the volume of tax prep commercials is steadily increasing. In many of these ads, the service advises that their customers see the largest refunds. However the irony of such spots is that, according to some experts, large refunds are actually not ideal as they essentially amount to giving the federal government a free loan. Nevertheless a new survey conducted by the personal finance magazine...
Personal Finance
FinTech Startup Astra Joins Visa's Fast Track Program
by Fioney Staff
For FinTech startups, speed is the name of the game. As we've seen time and time again, it's important for these firms to acquire customers as quickly as possible, with venture capital often helping fuel their race against the clock. That's where the Visa Fast Track program comes in, making it easier for apps and tools to utilize the company's infrastructure. The latest FinTech to come aboard the Visa Fast...
Personal Finance
Money at 30: Money Patrol Review
by Kyle Burbank
These days there's certainly no shortage of tools that can help you build and stick to a budget, monitor your investments, and otherwise keep a better hold on your finances. The latest of these services to come to my attention is Money Patrol. Like Personal Capital and Mint before it, Money Patrol is an aggregator that not only puts all of your money data in one place but also helps...