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
Venmo Reportedly Working on Credit Card Offering
by Fioney Staff
Even in our digital age, it seems some physical fallbacks are still hard to shake. Case in point: the popularity of plastic in the face of many payment options. This continued reliance is probably why we've seen several FinTech startups known for their disruption and innovation taking things back to banking basics by offering their own twist on debit card products. Now a new report in the Wall Street Journal...
Personal Finance
Home Mortgage Applications Reached a Nine-Year High Last Week
by Fioney Staff
Despite some parts of the country seeing snow this past week, make no mistake that it is officially spring. That means that, in addition to blooming trees and allergies, it's time for home sales to pick back up after the slower winter season. On that note it seems that the homebuying bug is already biting as mortgage applications to purchase recently rose to a nine-year high. As CNBC reports, mortgage...
Personal Finance
Coinbase Launches Crypto Visa Debit Card (In the UK)
by Fioney Staff
Back before cryptocurrencies became the gold rush of 2017, the intent was always to spend and use such assets like you would fiat currency. The problem was that only a handful of sites and physical stores accepted Bitcoin, with even fewer allowing for payments in other digital currencies. One proposed short-term solution has been crypto debit cards. Now one popular cryptocurrency exchange is jumping into the debit card arena... at...
Personal Finance
Money at 30: "Broke Millennial Takes on Investing" Book Review
by Kyle Burbank
There's a common belief that, having come of age during the Great Recession, most Millennials have been turned off to investing. Well, until relatively recently, you could count me among those of my generation that were either too afraid, too uninformed, or just too broke to invest. Perhaps that's why the second entry in Erin Lowry's aptly titled Broke Millennial book series is dedicated to the topic. The result is...
Personal Finance
President Trump Says Stocks Should Be 10,000 Points Higher, Blames Fed
by Fioney Staff
Even though consensus suggests that Federal Reserve is unlikely to raise interest rates this year, that doesn't mean that President Trump's battle with the agency is cooling any. In fact the war of words has escalated into political action as the President looks to install supporters of his own on the Board of Governors. On top of that, this weekend Trump suggested that the U.S. stock market could be significantly...
Personal Finance
FinTech Firm SoFi Introduces Two ETFs
by Fioney Staff
As we've seen time and time again in the FinTech space, a major trend has found companies moving beyond their core product and introducing related but different services. For example this trend has brought a slew of branded debit cards to the market as startups position themselves as lower-cost alternatives to big banks. Now one FinTech is once again branching out, bringing exchange-traded funds (ETFs) to market. This week SoFi...
Personal Finance
H&R Block Data Finds Vast Majority of Taxpayers Didn't Update W-4s
by Fioney Staff
With the 2019 tax season now in its final stretch, one of the big stories to emerge has been the shrinking refunds Americans have seen. While anecdotes suggested that most refunds were down, new data from tax prep firm H&R Block (reported on by Marketwatch) shows that they actually increased on average — but only by about 1.4%. At the same time, 2018 tax liabilities for individuals fell by a...