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
Robinhood Crypto Relists Previously Removed Assets, Adds More
Robinhood Crypto has added to its list of supported assets — including bringing back some previously delisted coins. About the additions: Recently, Robinhood announced that it was adding four crypto assets to its U.S. platform. These include Solana (SOL), Cardano (ADA), XRP (XRP), and Pepe (PEPE). In total, the platform now allows users in the United States to trade 19 cryptocurrencies. Notably, Solana and Cardano were removed from Robinhood in...
Personal Finance
Swedish "Buy Now, Pay Later" Platform Klarna Announces IPO
Klarna's plans to launch an American initial public offering have taken a major step forward. What's happening: This week, Klarna announced that it had submitted a draft Registration Statement to the Securities and Exchange Commission (SEC) relating to a proposed initial public offering. Previously, the Swedish FinTech had been rumored to be eyeing an IPO, but this latest news makes it official. However, at this time, the number of shares...
Personal Finance
Lessons From a First-Time Home Buyer: One Year as Homeowners
It feels absolutely crazy to say but it's now been a full year since we closed on our house. Perhaps it doesn't feel as long since we didn't actually move in until closer to Christmas — but, either way, time has flown. Before my wife and I got married, her mother said something to her about getting to know someone in all seasons. Well, now, we've come to know our...
Personal Finance
SoFi Introducing Robo-Advisor with Alternative Investment Assets
SoFi is expanding its automated investment features with a robo-advisor platform. About SoFi Robo Investing: This week, SoFi announced a new investment offering for members. In an expansion of the company's existing Automated Investing option, the "one-stop shop" for financial services is debuting Robo Investing. Notably, this new offering will include alternative asset classes (which SoFi first introduced to its Active Investing platform in May) in addition to traditional investments....
Personal Finance
IRS Raises 401(k) Contribution Limit for 2025 Tax Year
The Internal Revenue Service is revising its contribution limits for 401(k) and similar plans in 2025 — although the limits for IRAs will remain in place. About the limit changes: Recently, the IRS announced that it was changing the employee annual contribution limit for 401(ks), 403(bs), governmental 457 plans, and the federal government’s Thrift Savings Plan. For the 2025 tax year, the total employee contribution limit will be $23,500 for...
Personal Finance
Homebuyer Sentiment Continued Upward Swing in October
Despite home prices remaining high, consumer sentiment on the housing market continued to climb last month. About the index increase: The latest update to Fannie Mae's Home Purchase Sentiment Index (HPSI) saw another increase. Specifically, the index rose 0.7 points in October 2024, hitting 74.6. This marks the highest point for the index since February 2022 and is up more than seven points since the end of last year. Moreover,...
Personal Finance
