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
Survey Ranks Money Topics as "Most Taboo"
by Fioney Staff
You've probably heard it said that you shouldn't lend money to friends. But has that advice been interpreted as "don't talk about money with friends" by some Americans? A recent study conducted by the Captial Group and reported on by The Motley Fool found that money-related matters were far more likely to be considered taboo than other controversial topics. When asked about what topics they felt were forbidden to discuss with...
Personal Finance
How the Government Shutdown is Impacting the FinTech Sector
by Fioney Staff
Now in its second month, the current partial federal government shutdown is easily the longest in United States history. This extended shutdown has not only had a direct impact on thousands of federal employees and their families but has also affected various private sector businesses in some unexpected ways. As Forbes reports, several FinTech firms are among those hit by the shutdown as well. Easily the most talked-about aspect of...
Personal Finance
Money at 30: Top Personal Finance Apps for 2019
by Kyle Burbank
Happy 2019! Okay, so we may already be a few weeks into the new year but I feel like I'm just now getting my bearings. This means I've spent the past few days not only contemplating the coming year and working towards some financial goals of my own but also reflecting on the year that was. As part of this, I started thinking about the various personal finance apps I...
Personal Finance
36% of Respondents Admit to Maxing Out Credit Cards on Large Purchases
by Fioney Staff
When you make a large purchase, do you turn to plastic or cash? That's what a new survey by the personal finance site WalletHub sought to find out. Additionally the study found that many Americans run the risk of maxing out their credit cards when making large purchases. First, WalletHub asked what respondents considered to be a "large purchase." Surprisingly the top answer was "over $100," with 30% of those surveyed selecting that as...
Personal Finance
Another Crypto Sell-Off Hits After Ethereum Upgrade Delayed Again
by Fioney Staff
After a disappointing 2018, cryptocurrency investors have high hopes for 2019. Unfortunately the new year has yet to bring much good news. Most recently, as Forbes reports, many assets including Bitcoin, Etherum, Litecoin, XRP, and others experienced another sell-off, with a total of $6 billion in market capitalization being lost in the past day or so. While there was a period last year where it seemed that Bitcoin had found...
Personal Finance
FinTech Firms Look to Hire Compliance Officers
by Fioney Staff
Financial technologies companies have always operated in a tough spot. Not only do they often occupy a space where regulatory guidelines are blurry at best but they also need to explain their innovations to agencies that might not fully comprehend these new ways of doing things. That's why it should come as no surprise that a number of FinTechs are currently hiring for a key position: compliance officer. As Bloomberg...
Personal Finance
Morgan Stanley Advises Investors to "Embrace" Potential Recession
by Fioney Staff
The last week of 2018 was a wild one on Wall Street. Following the worst Christmas Eve on record — which saw indexes fall to their lowest point of the year — Boxing Day brought a rally that resulted in the largest single-day point gain in the history of the Dow. Since all that madness the markets have been relatively calm but, as CNN Business reports, a Morgan Stanley analyst...