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, Nasdaq Reach Record Closing Highs on Tuesday
by Fioney Staff
Ever since U.S. markets took a tumble on Christmas Eve of last year, much has been made about an impending turnaround. Earlier this week those fears seemed far out of mind as the S&P 500 and the Nasdaq both closed at record highs. As for the Dow Jones Industrial Average, it wasn't far behind either. CNBC reports that the S&P closed 2,933.68 on Tuesday, besting the previous 2,930.75 seen in...
Personal Finance
Telecom T-Mobile Launches Mobile-First Checking Account for All
by Fioney Staff
Over the past few years, a lot has changed in the world of mobile service plans. From the dismantling of subsidized devices, the fall and subsequent return of unlimited data, and the bundling of streaming services into mobile plans, U.S. carriers have continually worked to find ways to one-up each other while also increasing profits. In a similar but decidedly different vein, this past week brought some unexpected news as...
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...