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
How to Budget for Purchasing Your First Home
by Ben Mizes
So, you’ve finally made the decision. It’s time to stop throwing away money at rent every month and purchase your first home. But how do you get from paying a landlord to being an independent homeowner? If you’re like most first-time homeowners, you’re overwhelmed and stressed at the idea of purchasing a house. There are many unknowns in the process — so it’s important to start saving up in advance...
Personal Finance
FTC Reports Funds Lost to Fraud Rose in 2018
by Fioney Staff
Do you know how to spot a scam? While certain forms of fraud such as the famous inhertance advance fee scheme e-mails may not fool many these days, it seems that thieves are still finding ways to take advantage of unsuspecting adults. In fact the Federal Trade Commission (FTC) found that reports of fraud and ensuing losses both increased last year. According to the latest FTC report, the agency received...
Personal Finance
A Look at FinTech's "Minotaurs"
by Fioney Staff
Have you ever encountered a minotaur? Well, a minotaur company, that is? Just as the name “unicorn” has become a popular term for private companies valued at more than a billion dollars, Axios has coined the term “minotaur” to describe startups who have raised upwards of one billion in funding. In all the site found 55 such companies around the world with three of them coming from the FinTech space....
Personal Finance
2018 GDP Growth Comes Up Short of 3% Goal
by Fioney Staff
For most of us 2018 is already far in the rear-view mirror as we motor through 2019. Of course, following the Bureau of Economic Analysis of the United States Department of Commerce’s release of 2018 gross domestic product (GDP) figures today, those who keep an eye on the U.S. economy are finding themselves forced to look back. Those who do will find a bit of a mixed bag that includes...
Personal Finance
Coinbase Pro Adds XRP to Exchange
by Fioney Staff
At long last one of the top cryptocurrency exchanges has added support for one of the most popular digital assets. This week Coinbase announced that it was bringing Ripple (XRP) to Coinbase Pro, joining other coins such as Bitcoin, Etherum, Litecoin, and others. Since the announcement, XRP has seen prices increase by more than 3% and is currently trading at around $0.32 per coin. In a blog post Coinbase announced...
Personal Finance
President Trump Delays Increase to China Tariffs Due to "Substantial Progress"
by Fioney Staff
Since first hitting the campaign trail in 2016, one of the topics that now President Donald Trump has hit one more than nearly any other (save “The Wall”) has been China. Thus, once ascending to the highest office in the land, the president has taken aim at the People’s Republic of China, resulting in a trade war that escalated throughout the past year. However, as an agreed upon “ceasefire” nears...
Personal Finance
Survey Asks What Average American Considers "Life-Changing" Money
by Fioney Staff
Have you ever stopped to ponder how much money it would take to significantly change your life? This could mean the amount of cash it would take to get out of debt, have an emergency fund, or perhaps make a down payment on a home. Although for most people winning the lottery isn’t required for such a transformation to occur, the sum that the average adult quoted as their “magic...