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
Ethereum Classic Chain Reorg Results in $1.1 Million in Double Spend
by Fioney Staff
The cryptocurrency market is no stranger to hacks and other attacks that have resulted in the theft of thousands of dollars in digital currency. Now it seems the latest asset to be hit is Ethereum Classic with chain reorganizations being detected. As CNBC reports it is possible that the reorgs — which have resulted in currency being doubly spent — are part of a "51% attack" that's feasible when rogue miners gain...
Personal Finance
Which States are Most Affected by Government Shutdowns?
by Fioney Staff
As you're surely aware the United States federal government is currently involved in a partial shutdown. While such shutdowns have become fairly common in recent years, the latest seems a bit different in that its now past the two-week mark with no end in sight. This led the personal finance site WalletHub to study which states are the most and least impacted by the federal government shutdown. Easily topping WalletHub's study...
Personal Finance
Global FinTech Funding Reaches High in 2018
by Fioney Staff
It seems that every year over the past several has been dubbed "The Year of FinTech" by someone — and often times for good reason. However, if you were considering bestowing such a title to 2018, you'd have one big stat on your side. As Business Insider reports it proved to be a banner year for FinTech funding worldwide, likely besting the past three. Although figures for the full year...
Personal Finance
U.S. Stock Markets Close Worst Year in a Decade
by Fioney Staff
The U.S. stock markets managed to end the year with a rollercoaster run, leading to a winter flurry of headlines. Following the worst Christmas Eve trading session ever — that resulted in the Dow Jones Industrial Average losing more than 650 points and brought the S&P 500 into a bear market — the post-Christmas trading day brought a largest single-day point gain in history. Since then stocks have continued to...
Personal Finance
Money at 30: Understanding Robinhood's "Checking & Savings" Debacle
by Kyle Burbank
It was a mere few weeks ago that I woke up to discover that the investment app Robinhood was introducing a Checking & Savings product that promised to pay account holders 3% interest. Being an active Robinhood user (and having reviewed the app previously), I jumped at the chance to sign up and even managed to snag a spot in top 100,000. Moreover, the more I looked into proposed offerings,...
Personal Finance
Money at 30: My First Airbnb Experience
by Kyle Burbank
At 32 years old, I may seem young and hip (ha) but there have been a few trends and technologies that have emerged in recent years that I've been a bit behind on. For example my first Uber ride didn't arrive until 2015 while my first ever Airbnb didn't occur until this past weekend. What's more, I wasn't even the one who booked the Airbnb so I'm still missing that...
Personal Finance
A Guide to Understanding Your Retirement Account Options
by Fioney Staff
These days, retirement is proving to a massive topic. Between consistent talk and speculation about the future of Social Security to the fact that we as humans tend to be living longer now, there have been many efforts to make individuals aware of how they should be preparing for retirement. While you may know the basics — such as start early and save as much as you can — you...