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
Money at 30: My Big Budgeting Confession
Being a personal finance writer/nerd, I often end up talking about a number of the finance fundamentals, such as budgeting. In the past I’ve reviewed tools like Mint, talked about the old-school envelopes method, and many other topics that revolve around the idea of building a budget and sticking to it. That’s why today I thought it was time to reveal something shocking. The truth is that my wife and...
Personal Finance
Bankrate Study Finds Credit Card Debt Rising, Emergency Funds Falling
We’ve often heard frightening statistics about how few adults could cover an unexpected expense of only a few hundred dollars. Additionally the amount of credit card debt Americans hold has topped $1 trillion in recent years. Now a new survey by Bankrate has some more bad news: the percentage of those whose debt outweigh their savings is on the rise. In a survey conducted earlier this year, Bankrate found that...
Personal Finance
Plans for a Federal FinTech "Sandbox" Draw Controversy
With the rise of FinTechs over that past decade or so, one of the big questions that has plagued regulators is how to protect consumers from these new financial products without stifling progress. One proposed solution that’s been adopted both abroad and at home is the concept of a “sandbox” that allows approved companies to try new ideas without running into further regulatory restraints. As Bloomberg Businessweek reports, some state...
Personal Finance
Chase Announces JPM Coin Digital Token
One of the goals of cryptocurrencies is to achieve decentralization and free consumers from relying on banks. Yet, this week, one of the top banks in the U.S. revealed that it’s backing its own digital currency — JP Morgan Chase has announced the creation of JPM Coin. As CNBC reports, the coin was created to enable instant transaction settlements between clients. According to the network, trials of JPM Coin are...
Personal Finance
U.S. Dollar Continues to Strengthen
Despite economists bracing for the dollar to weaken due to the Fed's new dovish tone, it seems that the greenback is only continuing to rally. As CNN Business reports, the dollar has rallied 1.5% since January 30th — the date of the last Fed meeting. Not only is this development coming as a surprise to observers, but it could also serve as a headache for multinational corporations. Although a strong dollar...
Personal Finance
Acorns Study Finds Americans Prioritizing Health Spending, Additional Saving
When it comes to personal finance matters, it's easy to get bogged down in bad news. However, on a brighter note, it looks as though more young adults are adopting better financial habits. Today the micro-investing app Acorns released their Money Matters Report for 2018, which asked 3,400 Americans between the ages of 18 and 44 about their various money habits, goals, and more. The results included some interesting trends...
Personal Finance
