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
Money at 30: "Broke Millennial" Book Review
by Kyle Burbank
A few weeks ago, I was scrolling through Twitter when I saw a tweet from @BrokeMillennial (AKA Erin Lowry) about her upcoming book Broke Millennial Takes On Investing. Considering the recent interest I've taken in learning more about investing and building a portfolio, I immediately pre-ordered the book — which is being released today. However, before diving into that title when it arrives on my doorstep, I figured I should take...
Personal Finance
Study Finds Cheapest and Most Expensive Car Insurance States
by Fioney Staff
For years television advertising has been inundated with spots from car insurance commercials, each claiming to save Americans the most amount of money. Setting aside the fact that not every company can be the cheapest, one major factor in your rates is simply where you live. With that in mind, the personal finance site WalletHub recently ranked the states with the cheapest and most expensive car insurance rates. To compile...
Personal Finance
Job Growth Bounces Back in March After Weak February
by Fioney Staff
In February U.S. job gains came in at a surprisingly low 20,000 — or more than 150,000 less than expectations. Despite being revised upwards to 33,000, it remains the weakest month of gains since September 2017. However the just-released March figures show a return to form of sorts, once again exceeding economist estimates. As CNN Business reports, the U.S. economy added 196,000 jobs in March. That's nearly six times the...
Personal Finance
Affirm Nears "Minotaur" Status Following $300 Million Funding Round
by Fioney Staff
When it comes to FinTech, there have certainly been several ups and downs in the news cycle. While there have been down weeks led by news of regulatory inquiries or legal challenges, there are other weeks filled with small wins. It seems that the industy is enjoying a bit of the latter as one FinTech financer has just closed a big funding round. This week Affirm announced that it had...
Personal Finance
Americans are Spending More on Credit Card Interest
by Fioney Staff
In the world of personal finance, credit cards have been a divisive subject. While there are sites dedicated to the benefits of credit cards including travel rewards and cash back, there are those (perhaps most notably Dave Ramsey) who rail against such products because of the high interest rates they carry. Now the latter group has even more statistical ammo for its arsenal as new data shows that Americans are...
Personal Finance
Money at 30: How I'm Saving Money with T-Mobile
by Kyle Burbank
Earlier this year, I suddenly found myself inspired to reassess some of the bills I had taken for granted and find new ways I could be saving money. As part of this goal I realized that, after a 10+ year run, perhaps it was time that I considered leaving AT&T and looking at a different carrier. Incidentally I've actually had my phone number with all four major U.S. carriers at...
Personal Finance
Data Shows How Bad American "Retirement Crisis" Really Is
by Fioney Staff
Are you properly preparing for retirement? If you're like many Americans, the answer is most likely "no" — and that's a big problem. As CNBC reports, data shows that the majority of Baby Boomers as well as other generations are woefully ill-prepared for retirement, with savings, pensions, and Social Security benefits all lacking. Starting with private retirement savings, Vanguard found that the average 401(k) account value for individuals over 65...