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
LendingTree Launches Win Card in Partnership with Upgrade
by Fioney Staff
Two popular FinTech firms are partnering up to introduce a new credit card that can help consumers "win" at finance. This week, LendingTree and Upgrade announced the debut of the Win Card — inspired by LendingTree's "You Win" tagline. The new card will carry no annual fee and will allow cardholders to earn 2% cashback on all categories regardless of category — although customers will need to log into their... Personal Finance
Money at 30: Rocket Money Review
by Kyle Burbank
There are times when I download an app on my phone... and let it sit there for months before I truly dive into it. Admittedly, that's exactly what happened with Rocket Money. Yet, when I did get around to giving the app I try, not only was I impressed with what I found but also managed to test out some of the features that make the service unique in my... Personal Finance
Varo Bank Brings On Wook Chung as Chief Product Officer
by Fioney Staff
A FinTech neobank is gearing up for even greater expansion by bringing some new talent on board. Last week, Varo Bank announced that it had appointed Wook Chung as its Chief Product Officer. According to the company, Chung will lead the bank's vision and initiatives. He will also serve as a key figure of Varo Tech, which looks to blend data, technology, and design. Chung replaces Jon Alferness, who joined... Personal Finance
Groundfloor Surpasses $1 Billion in Retail Investment as it Turns 10
by Fioney Staff
A crowdfunded real estate firm is celebrating a decade of operation. Groundfloor has announced that, since its debut 10 years ago, the platform has now surpassed $1 billion in total retail investment volume. Additionally, the company says that its delivered annualized returns of 10% across its investment offerings during that time, Founded in 2013 by Brian Dally and Nick Bhargava, Groundfloor is a real estate investment platform that makes it easy for consumers... Personal Finance
Average Consumer Spends 42% on Income on Household Bills
by Fioney Staff
When Americans bring home their paychecks, how much of that money is immediately spoken for? That's exactly what a new report from Doxo shows. The data shows that the average household in the United States spends a total of $29,459 per year on household bills. This amounts to 42% of their income. According to the report, Americans spend a total of $3.87 billion per year on household bills. Of that,... Personal Finance
Money at 30: Two Years Later - Was Our Apartment Upgrade Worth It?
by Kyle Burbank
Nearly two years ago, my wife and I decided to move from our longtime apartment complex to one where the rent was $400 more per month. This time last year, I shared a status update in which I declared that this somewhat risky move had been worth it thanks to the numerous benefits this upgrade included. Cut to today and things have definitely changed in a few ways. In fact,... Personal Finance
Zelle Network Grew to 1,800 Institutions in 2022
by Fioney Staff
A popular peer-to-peer payment service saw even greater growth in 2022 according to their latest report. This week, Zelle announced that the number of new financial institutions joining the network increased by 40% last year. What's more, 97% of the new additions were institutions with less than $10 billion in assets. In total, the Zelle network now consists of more than 1,800 banks and credit unions. Elsewhere in its update, Zelle says...