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
Credit Card Defaults in the U.S. Reach 14-Year High
A new report shows that credit card defaults are on the rise and reaching multi-year highs. About the report: As Financial Times reports (using BankRegData figures), through the first three quarters of 2024, defaults on U.S. credit card accounts reached $46 billion. That total is the highest seen in more than a decade. In fact, 2010 was the last time such highs were reached. Compared to the first nine months...
Personal Finance
Small Business Accounting Platform Bench Shuts Down
An accounting startup geared toward small and medium-sized businesses has abruptly shut down. About Bench's closure: As TechCrunch reports, the platform Bench has announced its immediate shutdown. The news was shared via the service's website, writing in part, "[T]he Bench platform will no longer be accessible. We know this news is abrupt and may cause disruption, so we’re committed to helping Bench customers navigate through the transition." The message goes...
Personal Finance
WalletHub Survey Highlights Top Financial New Year's Resolutions
As the end of the year nears, the personal finance site WalletHub has released a new survey looking at some of the money resolutions consumers have for 2025. About the survey results: According to WalletHub's survey, 52% of consumers say they're likely to make financial resolutions for the new year (which was second behind health resolutions at 71%). Of those who do plan to make money resolutions, the top goal...
Personal Finance
CFPB Sues Three Major Banks Over Fraud Issues on Zelle
The Consumer Financial Protection Bureau (CFPB) is taking aim at three top banks as well as the operator of Zelle, alleging rampant fraud on the platform that the companies have failed to stop. About the suit: In a press release, the CFPB announced that it was suing three of the country's largest banks — Bank of America, JPMorgan Chase, and Wells Fargo — as well as Zelle operator Early Warning Services....
Personal Finance
Varo Bank Now Offers No-Fee Cash Deposits at CVS Locations
FinTech-turned-bank Varo has announced a new money-saving perk for customers. About the no-fee deposit feature: This week, Varo Bank revealed a collaboration with both Green Dot and CVS that will benefit accountholders. Now, customers can deposit cash into their Varo account at CVS with no fee. In total, there are more than 7,500 participating CVS locations in the United States, although some exceptions include those found in Target stores, within...
Personal Finance
JetBlue Offering Perks for Sustainable Aviation Fuel Contributions
While JetBlue continues its efforts to become greener, it's offering flyers a chance to earn potential status while helping the airline meet its goal. About SAF and JetBlue's contribution incentive: JetBlue has announced a special promotion where customers can earn Tiles toward Mosaic status when contributing to the airline's efforts to lower carbon emissions. Sustainable Aviation Fuel (SAF) is an alternative jet fuel that, when compared to fossil-based fuels, can...
Personal Finance
