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
Lessons From a First-Time Home Buyer: Yes, Your Payments Can Still Go Up
by Kyle Burbank
When we decided to ditch apartment life in favor of buying a house, one of the motivating factors was that, while rents tend to rise from year to year, our mortgage wouldn't. Of course, while that's true of our fixed-rate mortgage itself, that doesn't mean that our monthly payments won't increase. In fact, as we reached our first year anniversary in this home, we're now going to have to start...
Personal Finance
Amazon Launches Amazon Autos Car-Buying Platform
by Kyle Burbank
The online retail behemoth Amazon is now allowing customers in select cities to buy their next vehicle using the site. About Amazon Autos: This week, Amazon announced the official debut of Amazon Autos. Using the platform, customers can view, finance, and arrange pick-up for new vehicles. At launch, Amazon Autos only supports one manufacturer: Hyundai. Moreover, the platform is currently only available to those in 48 U.S. cities across 26...
Personal Finance
Experian Officially Introduces "No Ding Decline" Card Marketplace
by Kyle Burbank
Those hoping to obtain a new credit card but have concerns about their approval may be interested in a new feature from Experian. About Experian's "No Ding Decline": This week, Experian has officially launched its No Ding Decline feature. Now, customers searching for credit card products in its marketplace will see offers with this option — meaning that, if customers aren't initially approved, they won't see a hard inquiry on...
Personal Finance
Frontier Airlines Announces Plans to Add First Class and More
by Kyle Burbank
Just in time for Travel Tuesday today, a budget airline has announced some big updates are on the way. About "The New Frontier": Today, Frontier Airlines unveiled what it's calling "The New Frontier." This initiative not only includes some new offerings on board its aircraft but also some incoming perks for loyal flyers. One of the biggest reveals is that Frontier will be adding First Class seating to its fleet....
Personal Finance
Robinhood Introduces Tax Lots Feature for Selling Assets
by Kyle Burbank
Robinhood is adding a new feature that will give customers greater control when it comes time to sell their shares. About Tax Lots: Today, Robinhood announced the launch of Tax Lots. With this feature, traders will be able to better manage their tax liabilities by gaining control over how their shares are sold. Using Tax Lots, customers will have more options for selling assets. For example, if a user has 100...
Personal Finance
2024 Black Friday-Cyber Monday Spending Expected to Increase
by Kyle Burbank
According to figures from Deloitte, consumers are expected to spend a record amount during the Black Friday-Cyber Monday period this year. By the numbers: Between November 28th and December 2nd, Americans on averagewill spend an estimated $650. Not only is this a new record but marks a 15% increase over last year's $567 average spending figure. Over the past four years, spending has now increased 62%, with 2020's average coming...
Personal Finance
Lessons From a First-Time Home Buyer: How the Pros We Worked With Are Still Helping Us
by Kyle Burbank
A few months ago, I wrote about how the professionals we choose to work with when buying our home made a huge difference and made our experience a positive one. Now, one year later, I'm somewhat surprised to say that they continue to help us out on a regular basis despite the transaction that first brought us together being well behind us. So, between that milestone and with it being...