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
Apple Card Reportedly Approving Some Subprime Applicants
by Fioney Staff
With the highly-anticipated Apple Card rolling out to some iPhone users (with many more to come), we're learning a bit more about the card and some of its unique features. However one of the more interesting stories to emerge so far involves who is getting approved for the new card. As CNBC reports, it seems Apple and its partner bank Goldman Sachs are reaching the subprime market, with applications maintaining...
Personal Finance
Crypto Lender BlockFi Raises $18.3 Million
by Fioney Staff
While it may have been a rocky week for the stock market, it's been a good few days for crypto. Potentially due in part to the volatility on Wall Street, Bitcoin has managed to stay on the right side of $10,000, currently trading for more than $11,500. On top of that, cryptocurrency lender BlockFi announced this week that it had raised $18.3 million to expand its crypto wealth management solution....
Personal Finance
Mezu Launches Digital Mastercard Debit Card
by Fioney Staff
As we've documented before, one of the biggest trends in FinTech has been offering debit card products. From Square and PayPal to Stash and Acorns, each firm has taken a stab at a physical debit card their users can obtain. Now the digital payment app Mezu is throwing their hat into the ring but with a twist, rolling out a digital-only debit card in partnership with Mastercard. MezuCard is issued by...
Personal Finance
Fox Corporation Buys Majority Stake in FinTech Credible
by Fioney Staff
In recent years several sectors have taken an interest in FinTech for both partnerships and investments. Still, the latest Silicon Valley deal comes from a seemingly unexpected suitor. As the Wall Street Journal reports, Fox Corporation has agreed to purchase a 67% stake in Credible Labs for $265 million. Additionally the company has committed to spending as much as $75 million in operating costs for Credible over the next two...
Personal Finance
Average Back-to-School Spending Expected to Rise for 2019
by Fioney Staff
Even if the calendar and weather insist that summer is still here, make no mistake that back-to-school season has arrived. In addition to students preparing to employ their alarm clocks once again, many parents are prepping their wallets for the expenses that come with the new school year. In fact, according to a new study by the personal finance site WalletHub, parents are expected to spend more on school supplies...
Personal Finance
Bitcoin Bulls Fight Back as Crypto Tops $10,000 Again
by Fioney Staff
Back in June, it was big news when Bitcoin finally made it back over $10,000 after months at less than half that. While bulls continued to push the price up as high as $14,000 in the weeks that followed, it managed to fall back down below the milestone as regulators have been continually slamming cryptos in general. However, as Forbes reports, the latest rally is giving Bitcoin believers some hope...
Personal Finance
Federal Reserve Cuts Interest Rates, First Time Since 2008
by Fioney Staff
This week the Federal Reserve voted to lower its key short-term interest rate by a quarter-point. The widely expected move marked the first time the Fed has cut rates in more than a decade, moving the new target to 2%-2.25%. As USA Today reports, the decision comes even as most economic indicators remain positive. In a statement released following the meeting, the Fed wrote, "This action supports the Committee's view...