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
Acorns Study Finds Americans Prioritizing Health Spending, Additional Saving
by Fioney Staff
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
Finland's UBI Experiment Nets Happier Residents But No Extra Jobs
by Fioney Staff
In recent years the concept known as universal basic income has gained steam as a potential alternative to the existing welfare state and/or a necessary preparation for upcoming changes to the economy. While economists and think tanks of many policial stripes have floated their own ideas and theories for what such a program would look like and what it would accomplish, there have only been a handful of real-world deployments...
Personal Finance
Square's Jack Dorsey Only Shows Interest in Bitcoin
by Fioney Staff
This week, Square CEO Jack Dorsey took to Twitter (the other company he serves as CEO of) to talk about cryptocurrency. More accurately, he took questions about Bitcoin, noting that it's the only crypto asset he owns. But that's not all — Dorsey went on to suggest that his Square Cash app will share his Bitcoin-only perspective and also teased a new feature for the app. In recent days Dorsey...
Personal Finance
Study Finds Best and Worst Credit Cities for 2019
by Fioney Staff
If you've been paying attention, you may have heard that the average credit score in America is on the rise. In fact, according to the Fair Isaacs Corporation — much more commonly known as FICO — the average now sits north of 700 points. However the personal finance site WalletHub recently sought to find which cities in the country had the best (and worst) credit scores, uncovering one stand-out where the median...
Personal Finance
Plaid Introduces Auth Product, Adding Thousands of Banks to API
by Fioney Staff
If you're a user of a personal finance app that relies on data provided from your banks, there's a very strong chance you've used Plaid's API to make that connection happen. Prior to today Plaid offered quick authentications for approximately 3,800 banks, allowing users to simply log into their accounts and provide various apps with the info they needed. Now the number of supported banks is set to increase three-fold...
Personal Finance
Job Report Exceeds Expectations, Reaches Historic Milestone
by Fioney Staff
It was just yesterday that economists and observers were offering their best guesses for what promised to be an interesting jobs report. Complicated by the longest partial government shutdown in history, expectations had pegged the number of payrolls being added at 165,000. In actuality the report released by the Labor Department shows that the economy added upwards of 300,000 — reaching a notable milestone in the process. As CNBC reports,...
Personal Finance
Now-Ended Partial Government Shutdown to Complicate Jobs Report
by Fioney Staff
On Friday, the Labor Department will release its monthly jobs report for the first month of the year. While the figures it will contain are expected to be solid, the partial government shutdown that was in place for much of January will lead to a very interesting report overall. For example CNN notes that the 800,000 federal workers affected by the shutdown — either being furloughed or forced to work...