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
Wealthfront Raises Cash Account APY to 2.51%
Last week the robo-advisor platform Wealthfront announced that it was increasing the interest rate on its Cash Account to 2.51% — up from 2.29%. According to Bankrate, that makes the offering the "top-yielding account nationwide."
Personal Finance
President Trump Announces New Tariffs on Goods From Mexico
Another week, another round of trade news. On Thursday night, President Trump announced that his administration would be imposing new tariffs on Mexican imports that are set to take effect in just a couple of weeks. What's more, unlike the more targetted tariffs on Chinese goods that apply to specific types of items, Axios reports that this latest tariff will be imposed on any import from Mexico. In a tweet,...
Personal Finance
FinTech Zero Raises $20 Million for Its Credit/Debit Hybrid Card
It looks like another FinTech firm is set to help change the way Millennials manage their money thanks to an injection of venture capital. As TechCrunch reports, this week Zero announced it had raised $20 million in Series A funding. This latest round was led by New Enterprise Associates and brings the company's total equity and debt funding to $35 million. Citing statistics showing Millennials' apprehension about credit cards, Zero...
Personal Finance
Money at 30: 11 Tools You Can Use to Start Investing With Little Money
If there's one thing that Millennials have heard over and over again in regards to finance, it's that they really need to be investing. Unfortunately many may believe that their current situation precludes them from jumping into the market. After all, investing requires thousands of dollars and no brokerage will even look at you if you show up with under five figures, right? That may have been the case once...
Personal Finance
JP Morgan Economists Lower Q2 2019 GDP Estimate to 1% Growth
The last time the Bureau of Economic Analysis announced the United States' quarterly gross domestic product growth, analysts were surprised to learn actual growth was 3.2% — far higher than the 2.5% rate that many expected. However economists at JP Morgan aren't expecting a repeat performance for Q2. In fact they're slashing their estimates by more than half. As CNBC reports, JP Morgan economists had previously stated they were expecting...
Personal Finance
Facebook's Digital Currency to Reportedly Be Called "GlobalCoin"
It was only a few weeks ago that word came down that Facebook was still hard at work developing their own cryptocurrency and getting partners on board. Now it seems those plans are firming up, with a potential name and launch timeframe emerging. According to BBC News the digital currency has been referred to internally as GlobalCoin and Facebook hopes to bring it to a number of markets as early...
Personal Finance
