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
The Spotify Car Thing and Super Planned Obsolescence
Have you noticed that the nature of consumption has been shifting? These days, questions such as "What is a product?" and "What does it mean to own something?" need to be asked as the answers are evolving. In the case of the first question, recent standalone AI offerings have revealed a growing trend of businesses basically treating paid customers like beta testers. Meanwhile, as far as the ownership question goes,...
Personal Finance
Discover Bank Debuts Balance+ Overdraft Feature for Debit Card
Discover Bank is rolling out a new feature that could help those customers living paycheck-to-paycheck. About Balance+: This week Discover announced Balance+ for its checking accounts. Using this option, Discover customers can overdraw their checking (via debit card purchase) by up to $200 without incurring fees. However, to qualify for this feature, accountholders must have qualifying direct deposits of $200 or more for at least the past two calendar months....
Personal Finance
Pinwheel Announces New Partnership with Narmi
Two FinTechs are teaming up to bring a useful feature to workers. About the partnership: This week, Pinwheel and Narmi announced their newly formed partnership. As a result of this deal, Narmi financial institution customers will have access to Pinwheel Prime and other solutions. One of the key features of Pinwheel Prime is direct deposit switching. This tool allows workers to quickly and easily adjust where they receive their paychecks....
Personal Finance
Are We Witnessing the End of the Neobank?
The first time I heard the term "FinTech" was in 2015. In the near-decade since, I've become a diligent observer of the industry and a sizable fan overall. Over the years, I've witnessed some startups rise to mainstream success while others go out nearly as quickly as they arrived. Similarly, I've watched as venture capital funding reached record highs... and then receded. Yet, even through the "crypto winter" and other...
Personal Finance
California Personal Finance Education Bill Signed Into Law
The state of California will soon be rolling out a financial literacy course as part of its high school curriculum. About the bill: California Governor Gavin Newsom has signed Assembly Bill 2927 — better known as the Personal Finance Education bill — into law. This follows the bill's passage in the state Senate and Assembly last week, where it saw unanimous bipartisan support. Currently, less than 1% of California students...
Personal Finance
Robinhood Acquires AI Investment Research Platform Pluto
The popular trading app Robinhood is joining the AI gold rush with its latest acquisition. About Pluto and the acquisition: In a blog post, Robinhood announced plans to purchase the AI-powered investment research tool Pluto Capital. With Pluto, investors can obtain customized strategies based on their goals. As a result of the acquisition, Pluto's founder and CEO Jacob Sansbury will join Robinhood's team. Financial details of the deal were not...
Personal Finance
