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
ICBA Asks Regulators to Close FinTech FDIC “Loophole”
With the 2020 election cycle already kicking into high gear, several of the hot topics being touted on the campaign trail revolve around technology. From fears over automation impacts to calls to break up Silicon Valley giants, there are those on both sides calling for greater regulation on emerging technologies. Simiarly FinTech startups are also facing pushback on their expansion plans, with one group of bankers now taking their efforts...
Personal Finance
Ameritrade Survey Finds Many Investors Lack Knowledge of Retirement Accounts
How much do you know about your retirement accounts? Even if you contribute to an employer-sponsored 401(k) or even a traditional IRA, chances are you still might not be familiar with all of the rules, requirements, or fees that come with them. To prove this point, recently Ameritrade interviewed 1,006 U.S. adults over the age of 22 with more than $10,000 in investable assets and tested their knowledge about various...
Personal Finance
Federal Reserve Seems Unlikely to Raise Rate This Year
Over the past year, one recurring economic story has revolved around the Federal Reserve. That’s because the central banking system spent 2018 slowly raising interest rates from their historically low levels — much to the dismay of the President. Although that trend was expected to extend into this year, it now seems that may not happen after all. At a meeting on Wednesday, not only did the Federal Reserve vote...
Personal Finance
Micro-Investment App Stash Adds Stock-Back Rewards to Debit Card
The choice between using a debit card and a credit card isn't always so simple for consumers. Although the former is often seen as a more financially wise choice, most debit cards don't offer the same kinds of perks that many credit cards do. In response to this conundrum, a number of FinTech firms have started rolling their own debit card products that seek to reward users in some interesting...
Personal Finance
Money at 30: What If You Need to Move Your Stock Portfolio?
So far 2019 has been a year of learning for me. More specifically, as a newbie investor, I’ve been trying to expand my portfolio and put more of my extra funds into the market. This journey has led to a few questions regarding different brokerage account options and the pros and cons that come with them. Something that’s plagued me ever since Robinhood made headlines for all the wrong reasons...
Personal Finance
Chase Introduces New Checkless Accounts with Lower Fees
It may be surprising to some but, according to a 2017 Federal Deposit Insurance Corporation (FDIC) report, 6.5% of households in the United States don’t have a traditional bank account. There are many reasons why Americans are unbanked but, anecdotally, rising fees are among the biggest reasons for what's keeping some away. Now one big name in banking is introducing a new type of account with a reduced flat fee....
Personal Finance
