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
Buy Now, Pay Later: A Look at Some Popular BNPL Platforms
by Fioney Staff
If you've watched television, visited a retail store, or shopped online in the past few years, you've almost undoubtedly heard about "buy now, pay later" or at least encountered one of the companies offering such options. Not only has the number of BNPL services grown in recent years but the number of consumers turning to these services has continued to climb as well. Yet, while the popularity of these platforms... Personal Finance
Survey: 35% of Consumers Likely to Open Store Card for Holidays
by Fioney Staff
With Christmas Eve coming up on Saturday, millions of Americans will be doing some last-minute holiday gift shopping this week. As they do, they're sure to encounter offers from various retailers to open a store credit card. Oftentimes, these pitches will come with a discount or other perks that might appeal to shoppers in the moment but may not be so great in the long run. Despite this, a new... Personal Finance
Robinhood Introduces Crypto Learn and Earn Feature
by Fioney Staff
Amid continued bad news in the realm of cryptocurrencies, a popular FinTech app is moving forward with a new feature that will provide customers with more education about certain assets. Recently, Robinhood launched its Learn and Earn program. With this feature, users will be able to dive into the details of certain crypto assets and systems. In return for doing so, they'll receive some of that asset to be added... Personal Finance
Pocketnest Raises Fresh $2.6 Million Funding Round
by Fioney Staff
A platform that seeks to educate users about financial topics has closed its second funding round in 2022. This week, Pocketnest announced that it had raised $2.6 million. The latest seed round was led by Reseda Group and follows a $2 million round the company raised earlier this year. To date, Pocketnest has now raised nearly $5 million. According to the FinTech, these funds will support a 24-month runway and... Personal Finance
Study: States with the Highest Credit Card Debt-to-Income Ratios
by Fioney Staff
One of the surprising financial developments during that pandemic is that average credit card debt actually declined thanks in part to Americans traveling less and using stimulus checks to pay down balances. However, with inflation and interest rates rising since then, balances have begun to rise once again. Recently, the site Upgraded Points released a new study looking at the credit card debt load of residents in the United States... Personal Finance
Galileo Introduces BNPL Virtual Card Solution for Banks, FinTechs
by Fioney Staff
With the popularity of "buy now, pay later" platforms continuing to rise, the FinTech API provider Galileo has announced new functionality that will give banks and FinTechs an easy way to jump aboard the train. As the company explains, this new feature will enable institutions to issue single-use virtual cards for the purpose of buy now, pay later financing. This will allow banks and FinTechs to enter the growing BNPL... Personal Finance
Best Western Rewards Reveals Holiday Bonus Point Opportunity
by Fioney Staff
As millions of Americans gear up for their holiday travels, one well-known hotel chain has announced a new promotion that could yield customers some sizable bonuses. Between now and February 5th, Best Western Rewards customers can earn up to 20,000 bonus points over the course of four stays. After their first eligible stay, they'll earn 2,000 bonus points followed by 4,000 after their second stay, an additional 6,000 after their...