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
Houston's Rice University Offering FinTech Boot Camp
by Fioney Staff
With the FinTech industry continuing to expand, the sector seems poised to be a source of job growth for years to come. Just as coding has been billed as a future-ready skill, being versed in these financial technologies is also anticipated to be a benefit for workers. With that in mind, Rice University’s Glasscock School of Continuing Studies in Houston, Texas is offering a FinTech Boot Camp to teach students...
Personal Finance
Average Millennial Auto Debt Rises in Q2 2019
by Fioney Staff
As we recently learned, this holiday weekend, a great number of Americans will be shopping for new vehicles. While this time of year might offer some strong deals and incentives, it seems that many Millennial car buyers are taking on more auto debt than they have in recent years. In fact a new report by Experian finds that the average balance for consumers of this generation is on the rise....
Personal Finance
77.5 Million Americans Plan on Car Shopping This Labor Day Weekend
by Fioney Staff
In America, it seems certain holidays become associated with different shopping events — the largest example being the day after (or, in recent years, day of) Thanksgiving sales known as Black Friday. With summer nearing its end one such retail holiday is just around the corner, as Labor Day has become partially synonymous with car buying blowouts. In fact, ahead of the holiday weekend, the personal finance site WalletHub has...
Personal Finance
XYPN FinTech Competition Announces Six Finalists
by Fioney Staff
Next month, XY Planning Network will host its fourth annual FinTech Competitionn in St. Louis, Missouri. This year's event drew more than 30 applications from startups looking to improve financial services provided to Gen X and Millennial clients. Now XYPN is announcing that six of these companies have been selected as finalists for the competition. The FinTechs that will go for the gold are Altruist, Anvil, College Aid Pro, Holistiplan,...
Personal Finance
Some Libra Backers Reportedly Spooked by Regulatory Scrutiny
by Fioney Staff
Back in June, following months of rumors, Facebook officially unveiled plans for the cryptocurrency Libra. In that announcement it was revealed that, while Facebook was taking the lead on the project and would also be introducing the Calibra crypto wallet, there were several partners that had signed-up to support the token at launch. However since then Libra has drawn criticism from several regulators — and the heat may be getting...
Personal Finance
Goldman Sachs, Citi, and JPMorgan Lead U.S. Banks in FinTech Investment
by Fioney Staff
The question of whether FinTechs and banks are friends or foes has been a topic of debate for more than a decade now. Funny enough, the perception of animosity persists despite the two camps regularly partnering with each other. On top of that, several banks have taken to investing in startups and helping them grow. According to Business Insider, JPMorgan, Goldman Sachs, and Citi are currently the largest investors in...
Personal Finance
What Do College Students Know About Credit Cards?
by Fioney Staff
This month, millions of newly-graduated students are setting off to college. For these freshmen, this may be the first time they've left home and will be responsible for making their own day to day decisions — including managing their money. On that note, the personal finance site WalletHub recently released a survey showing what college students do and, more interesting, don't know about credit cards. Headlining the study, WalletHub found...