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
WalletHub Economic Index Shows Increasing Consumer Sentiment
by Kyle Burbank
The latest WalletHub Economic Index report has found a significant increase in consumer sentiment. About the report: Personal finance site WalletHub has released its June 2023 WalletHub Economic Index report. This national monthly survey asks consumers about their personal financial conditions and other money factors. These 10 components are then compiled to arrive at an overall economic index. Headlining this month's report is an 18.4% increase in consumer sentiment between...
Personal Finance
How I've Been Working to Increase My Investment
by Kyle Burbank
A few years ago, I made it a goal to learn more about investing and really make an effort to invest more of my money. Well, while I've had some great successes since — including my wife and I both maxing out our IRAs on an annual basis — I'll admit that I haven't been steadily contributing to my Vanguard account as I originally envisioned. So, recently, I've been revisiting the idea...
Personal Finance
Best Buy Launches Amazon Prime-esque Membership Plans
by Kyle Burbank
Ahead of its annual Fourth of July sale, Best Buy has launched its new My Best Buy memberships. About the plans: This week, retailer Best Buy announced the debut of a tiered membership rewards program. First, the free tier of My Best Buy will remain. Those who sign-up (as well as existing members) will enjoy free shipping with no minimum purchase. Next, the retail chain is introducing My Best Buy...
Personal Finance
U.K.-Based FinTech Volt Raises $60 Million for U.S. Expansion
by Kyle Burbank
A real-time payments startup from the United Kingdom has raised a new round of funds ahead of a planned expansion to the United States. About the round: Earlier this week, Volt announced that it had raised $60 million. The Series B was led by Silicon Valley-based IVP, while newcomer CommerzVentures as well as existing investors EQT Ventures, Augmentum Fintech PLC, and Fuel Ventures also participated. To date, the company has...
Personal Finance
Robinhood to Acquire "Smart Credit Card" Company X1
by Kyle Burbank
Two major FinTechs are coming together as the stock trading app Robinhood has announced plans to purchase credit card startup X1. About the deal: In a press release, Robinhood revealed that it intends to acquire X1 for an estimated total of $95 million. The transaction will be all cash and is expected to close in the third quarter of this year. As part of the deal, X1 team members will...
Personal Finance
CLEAR Announces New Partnership with Alaska Airlines
by Kyle Burbank
Alaska Airlines frequent flyers can now enjoy a new discount on a membership to CLEAR, allowing them to save time at airport security. About the partnership: Today, CLEAR announced that it had sealed a partnership with Alaska Airlines, resulting in a new offer for flyers. Now, Alaska Mileage Plan members can sign up for CLEAR Plus at a rate of $179 per year. This marks a $10 discount from the...
Personal Finance
Yendo Raises $24 Million for Vehicle-Secured Credit Card
by Kyle Burbank
A startup offering a credit card secured by customers' auto title has just closed a significant venture round. About the funding round: This week, Yendo announced that it had raised $24 million. The Series A was led by FPV Ventures, while existing investors Human Capital and Autotech Ventures also participated. As part of the deal, FPV Ventures co-founder and managing partner Wesley Chan will join Yendo's board of directors. Previously,...