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
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...
Personal Finance
Money at 30: Paribus Review (2019)
by Kyle Burbank
Have you ever pulled the trigger on a purchase only to watch the price fall mere days later? That's the frustration Paribus aims to alleviate and eliminate. The Capital One-owned service helps consumers claim refunds on their purchases when items drop in price or their packages arrive after their promised date. So does Paribus live up to the hype? Let's take a look at what the service is, how it...
Personal Finance
Visa Expands Fast Track Program for FinTechs to the U.S.
by Fioney Staff
When it comes to FinTech startups, speed is everything. That's why so many firms are focused on hitting the ground running, gaining as many users as possible and catching the attention of VCs to help boost them to the next level. With that in mind, after launching in Europe, Africa, Asia Pacific, Latin America, and the Middle East, Visa has announced that their Fast Track program is coming to the United States....
Personal Finance
Why Focus Groups Can Be a Great Way to Make Extra Cash
by Kyle Burbank
You may have heard that taking online surveys can be a legitimate way to make a few dollars. Although that's true, the payout you get from many of these surveys is pretty minuscule. However, in some cases, these surveys can lead to something larger and more lucrative: focus groups. Unlike surveys that might only pay you a few cents, participating in focus groups and other market research studies can sometimes...
Personal Finance
IRS Reportedly Cracking Down on Unreported Crypto Income
by Fioney Staff
Following the big Bitcoin boom of 2017, April 2018 saw several reminders that cryptocurrency gains needed to be reported on tax filings. Of course by that time the price of Bitcoin was about half of what it was just a few months before. Nevertheless it seems that the IRS is still intent on getting crypto owners to comply — and now, according to the Wall Street Journal, they're cracking down...
Personal Finance
Q2 2019 Sets Record for $100 Million+ FinTech Fundings
by Fioney Staff
Over the past few months, it seems as though several FinTechs have managed to close impressive funding rounds. From FinFit's $7 million Series B last month to Affirm's whopping $300 million Series F back in April, observers could probably guess that's it's been a fairly good month for these startups. Now a new study from CB Insights shows that has been the case overall, although there are some sore spots...
Personal Finance
Mortgage Refinances Soar as Interest Rates Fall
by Fioney Staff
Homeowners looking to decrease their monthly mortgage payments by refinancing at a lower interest rate may be in luck. However it seems the secret is already out. As CNN Business reports the number of homeowners refinancing their mortgages has boomed as the average mortgage rate reaches multi-year lows. According to the Mortgage Bankers Association, the average current interest rate on a 30-year fixed-rate mortgage of $484,000 is 3.93%. This marks...