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
S&P 500 Enjoying its Best June Since 1955
by Fioney Staff
June 2019 may not have been the smoothest for the stock market but it is at least on track to end things on a high note. As CNN Business notes, the S&P 500 is likely to see its best June in more than six decades. This comes after weeks of rises and falls that hinged on matters of trade, interest rates, and more. Currently the S&P 500's gains for this...
Personal Finance
20% of Americans Believe the Next Recession Has Already Begun
by Fioney Staff
Looking to when the next recession will hit, 55% of experts said it would arrive in one to two years while 44% estimated it would take two years or more. However, although the top response among everyday Americans was “two or more years” with 26%
Personal Finance
Money at 30: "The War on Normal People" Book Review
by Kyle Burbank
If you thought that the 2016 Republican presidential primary was packed, take a look at the roster of Democrats looking to earn their party's nomination in 2020. Among the nearly two dozen Dems courting voters are established brands like Vice President Joe Biden, Senators Bernie Sanders and Elizabeth Warren alongside some lesser known figures like South Bend Mayor Pete Buttigieg and Representative Tulsi Gabbard of Hawaii. One of the candidates...
Personal Finance
Automated Finance App Tally Raises $50 Million
by Fioney Staff
When Silicon Valley looks at FinTech, they still see dollar signs. At least that's what the recent string of investments would suggest, with the automated finance app Tally being the latest recipient. As Fortune reports, the app has just closed a $50 million funding round. The Series C round was led by Andreessen Horowitz (a16z) with additional participation from previous investors Kleiner Perkins, Shasta Ventures, Cowboy Ventures, and Sway Ventures. This...
Personal Finance
Bitcoin Price Returns to $10,000+
by Fioney Staff
For the first time in more than a year, the price of a single Bitcoin is now higher than $10,000. While that's nearly half of its all-time high, it's more than double where it was late last year and into early this year. So could the world's largest cryptocurrency be making a comeback? At the time of this post, Bitcoin is trading for more than $11,000. Bitcoin's return to the...
Personal Finance
Google, PayPal Reportedly Nixed OCC Bank Charter Opportunity
by Fioney Staff
It's now been nearly a year since the Office of the Comptroller of the Currency opened up applications for their Special Purpose National Bank charters — more commonly referred to as FinTech bank charters. In that time state regulators have taken issue with the plan, with some filing lawsuits against the agency. Meanwhile few firms have taken the OCC up on their offer. According to a report by American Banker,...
Personal Finance
Facebook Officially Unveils Libra Cryptocurrency Plans
by Fioney Staff
After months of speculation, reports, and some incorrect guesses to what its name would be, yesterday Facebook finally announced plans for its cryptocurrency - Libra. As expected the project includes partnerships with multiple brands and companies that will accept the token. Meanwhile Facebook will launch a wallet called Calibra for users to hold the currency, integrating it into WhatsApp and Messenger. Despite Libra frequently being cited as Facebook's cryptocurrency, their...