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
U.S. Economy Adds 266,000 Jobs in November
by Fioney Staff
It may be hard to believe but we're already in the last month of the decade — a decade that's economically been defined by recovery and growth. Therefore it only seems appropriate that the last jobs report to be released in 2019 would once again show encouraging results. As Axios reports, the latest figures from the Bureau of Labor Statistics featured many pieces of good news. While experts surveyed by...
Personal Finance
Apple Card Accounts Begin Appearing on Credit Reports
by Fioney Staff
When Apple initially announced that it would be launching a credit card, it stated that the product would be unlike anything seen before. Indeed the Apple Card does have a number of unique features, from it's easy mobile-only application to its implementation of "Daily Cash." However some aspects of what makes the card special have also caused frustration among some users, such as the inability to link the card to...
Personal Finance
Money at 30: Honeydue App Review
by Kyle Burbank
I have found Honeydue to be helpful. Sure my wife and I pretty much have our respective billing schedules down at this point, but it's always nice to get a reminder. Additionally there have already been transactions I didn't understand, so it was nice to easily reach out to my wife and ask for her help figuring it out.
Personal Finance
New York State Permits SoFi to Sell Cryptocurrencies
by Fioney Staff
Empire State residents will now have another option for trading cryptocurrencies. This week the New York State Department of Financial Services approved FinTech lender turned jack-of-all-trades SoFi for a BitLicense. The move means that users in the state will now be able to buy and sell crypto on the SoFi Invest platform. In a press release announcing the decision, SoFi's CEO Anthony Noto remarked, "Putting our members' interests first is...
Personal Finance
Money at 30: Qube Money Concept Review
by Kyle Burbank
Overall there aren't really a ton of personal finance-related memories I have from being a kid, but there is definitely one that comes to mind. I don't recall exactly how old I was at the time but I do distinctly remember my parents utilizing the cash envelope method to budget. As a result, the far-left drawer of our kitchen island contained half a dozen or so legal-sized envelopes, each stuffed...
Personal Finance
Growing FinTech Trend Finds Startups Going Bi-Coastal
by Fioney Staff
Since the 1970s, there's been no question about where the capital of technology has been in the United States: Silicon Valley. Today, Northern California and specifically the Bay Area is home to a plethora of startups, including some well-known FinTechs. However a growing trend suggests that some of these disruptors are branching out and looking east. As Bloomberg reports, several financial technology firms have been expanding their New York operations...
Personal Finance
Personal Loans Still Fastest-Growing Debt Type in U.S.
by Fioney Staff
Looking for a personal loan this holiday season? You're certainly not alone. According to a recent Experian report, personal loans continue to be the fastest-growing type of debt, totaling $305 billion in the second quarter of this year. That marks a 12% year over year increase and a 47% rise from 2015 when personal loan debt stood at $208.5 billion. Additionally Experian found that 11% of Americans now have an active...