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
Survey: 25% of Retirees Still Paying Off Credit Card Debt
A new survey from Nationwide finds that a significant number of retirees are facing financial complications. About the survey: Recently, Nationwide commissioned Harris Poll to survey adult investors — including a cohort of retirees — about their finances. Unfortunately, the results weren't particularly good news. First, 31% of retirees say that they anticipated being less secure in their retirement than previous generations of their family were. Sure enough, 22% of...
Personal Finance
Lessons From a First-Time Home Buyer: A Warning on "Interest-Free" Home Repair Financing
The unfortunate fact about being a homeowner is that, at some point, you're going to have to pay to repair/replace some expensive items in your house. And while you should try to be as prepared for that as possible, in reality, there are times when an unexpected repair may mean needing to request financing. That way, you can pay off the purchase over time rather than shelling it all out...
Personal Finance
CNBC Names Top 250 FinTech Companies for 2024
The popular financial network CNBC has released its latest list highlighting the top 250 FinTech companies in the world. About the list: To compile this list, CNBC partnered with Statista. Although the companies were nominated by themselves via an application — which included sharing 2023 revenues, year-on-year sales growth rate, and total employee count — Statista conducted analysis on each and considered their key performance indicators (KPIs). Specifically, overarching KPIs...
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
