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
Zogo, MoneyLion Partner to Provide Users with Financial Education
by Fioney Staff
In recent years, FinTech brands have often discussed how their platforms help make financial services more accessible. Furthermore, many have touted the educational resources they offer alongside these tools, increasing financial literacy as a result. Now, a popular neobank and a growing educational app are teaming up to help meet a similar goal. This week, Zogo and MoneyLion announced a new partnership. With this integration, MoneyLion users will be able...
Personal Finance
Survey: 90% Want to Invest But 45% Aren't Sure Where to Start
by Fioney Staff
These days, there is certainly no shortage of investment options that consumers have. Furthermore, thanks to retail brokerages as well as mobile apps, the stock market is more acessible than ever. Nevertheless, a recent survey shows that many consumers still aren't sure how to take advantage of these options. According to a report by the FinTech app Stash, 90% of Americans say they want to invest in order to build...
Personal Finance
Robinhood Cash Card Adds New Cashback Offers
by Fioney Staff
Looking to earn cashback on some common purchases from major brands? A popular investment app has now added reward offers to its debit card product. This week, Robinhood announced a new feature called Cash Card Offers. With these specialized, brand-specific deals, cardholders can earn cashback on select purchases. In a blog post, the company wrote, "Building on our mission to democratize finance for all by putting money back into customers'...
Personal Finance
Month-Over-Month U.S. Inflation Flat in July 2022
by Fioney Staff
For months, the top economic story has been inflation. In turn, the debuts of new inflation reports have become appointment viewing for economists and other observers. On that note, today's release came with a bit of surprise and, overall, good news. According to the latest Bureau of Labor Statistics Consumer Price Index report, overall index item prices were flat between June and July. By comparison, prices grew 1.3% in June...
Personal Finance
Income Verification Startup Truework Raises $50 Million
by Fioney Staff
A company that helps lenders close loans with greater ease and speed has secured a significant funding round. This week, Truework announced that it had raised $50 million. The Series C was led by G Squared with participation from returning investors Sequoia Capital, Activant Capital, and Khosla Ventures as well as newcomers Indeed, Human Capital, and Four Rivers Group. With the funds, Truework intends to increase its hiring, while also...
Personal Finance
Money at 30: "Cloudmoney" Audiobook Review
by Kyle Burbank
For years, I've been writing about the FinTech sector and reviewing applications that fall under that banner. In turn, I've become a fairly large fan. Thus, when I was looking for new books to check out and came across one that seemed critical of the advent of these financial technology firms, I was definitely intrigued. The book in question is Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets...
Personal Finance
July Report: U.S. Economy Regains Jobs Lost During Pandemic
by Fioney Staff
In March of 2020, following a month that saw unemployment fall to 3.5%, the United States economy shed 459,000 jobs. This was followed up by a massive 20.5 million job loss in April, bringing unemployment to 14.7%. Now, 27 months later, the U.S. has returned to that February 2020 high. According to the latest Bureau of Labor Statistics report, the economy added 528,000 jobs in July. This was more than...