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.
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Personal Finance
Personal Finance
H&R Block Data Finds Vast Majority of Taxpayers Didn't Update W-4s
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...
Personal Finance
Bitfinex Drops $10,000 Minimum Equity Requirement
Even as cryptocurrencies have grown in popularity, there are still questions about the accessibility of those assets. From volatile values to confusion over buying and trading, those wanting to invest in crypto have often had to jump through a few hoops. However one platform is now attempting to open its doors by significantly lowering its capital requirements. This week, Hong Kong-based cryptocurrency exchange Bitfinex announced it was doing away with...
Personal Finance
Money at 30: "Broke Millennial" Book Review
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
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
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
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
