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
Credit Sesame Relaunches Sesame Credit Builder Mastercard
The credit monitoring site Credit Sesame is relaunching its credit building-debit card. About Sesame Credit Builder: With the Sesame Credit Builder Mastercard, users can allocate part of their Sesame Cash balance to serve as their security deposit. Then, customers can simply make purchases with their debit card, with Credit Sesame adding transactions to their line of credit and automatically paying off those purchases on time each month. Credit Sesame reports...
Personal Finance
5 Biggest Barriers to Living a More Minimalistic Lifestyle
Over the past few years, my wife and I have strived to live a more minimalistic lifestyle. By this I mean that, while you'd be hard-pressed to call us "minimalists," we have adopted some of the principles and have worked to downsize in certain areas. And while we still have plenty of stuff that could be deemed unnecessary, we have managed to keep things much tidier than we did previously....
Personal Finance
iWallet Announces Plans to Support FedNow Check Deposits
As the FedNow service rolls out, one business-centric check deposit app has announced plans to bring its capabilities to its platform. About the update and FedNow: The FinTech app iWallet has announced that it will soon integrate FedNow into its service. According to the startup, they'll be one of the first processing apps to support the real-time check deposit technology. Currently, iWallet expects the update to be available by the...
Personal Finance
Report: 401(k) Balances Rise, Hardship Withdrawals Increase
A newly-released report looking at 401(k) account balances at Bank of America shows that, while overall balances are trending upward, more people are also requesting hardship distributions. About the report: According to the BofA report, the average 401(k) account balance at the end of last quarter was $82,300. That's up by $7,250 so far in 2023, representing a 9.6% increase. In the second quarter, the average contribution came in at...
Personal Finance
PayPal Launches PYUSD Stablecoin
PayPal is expanding its digital payments network with the introduction of a new stablecoin. About PYUSD: This week, PayPal announced the launch of a United States dollar-backed stablecoin called PayPal USD — or PYUSD. These coins will be redeemable at a 1:1 ratio for U.S. dollars and will be issued by Paxos Trust Company. In the coming weeks, customers will be able to transfer PYUSD between PayPal and compatible external wallets,...
Personal Finance
Apple Card Savings Accounts Surpass $10 Billion in Deposits
Apple's latest financial service is off to a hot start, with the tech firm announcing that deposits have broken through a major milestone. What's happening: Recently, Apple announced that their high-yield saving account called Apple Card Savings had reached more than $10 billion in deposits. This achievement comes less than four months after the account launched. Previously, it was reported that Savings surpassed $1 billion within the account's first days....
Personal Finance
