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.
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Personal Finance
Personal Finance
Average FICO Credit Score Remains Stagnant at 716
There's good news and bad news when it comes to today's credit scores. According to FICO, the average credit score is currently 716 — matching what it's been since April 2021. Notably, this is the first time in 10 years that the average FICO credit score didn't increase year-over-year. The previous example was from 2012 when the average was 689 for two consecutive Octobers (plus a brief increase to 690 in...
Personal Finance
FTC Orders Credit Karma to Halt "Pre-Approved" Offers
For years, the free credit score site Credit Karma has grown in popularity, becoming a default option for many consumers curious about their credit. While the site has remained free to use, one of the ways the company has monetized is by offering credit card referrals to customers, with many of these suggestions being accompanied by a rating of how likely a customer was to be approved based on certain...
Personal Finance
Fold Spin, Spin+ Bitcoin Rewards Debit Card Review
Not long after I initially reviewed the Bitcoin rewards app Fold, I got an email informing me that I'd made it off the waitlist and would have the opportunity to try out their new debit card. Since then, I saw the product evolve as an early adopter before the card even went truly public. However, speaking of evolution, the Fold debit card recent underwent another round of changes that have...
Personal Finance
Money at 30: The Cost of Pet Ownership: Our Actual Expenses with a New Dog (So Far)
Last week, my wife and I welcomed a new member to our family as we brought home a pup we've decided to name Rigby (in case you were wondering, our friends have a dog named Eleanor). Miss Rigby is two years old and is a Frenchton. Specifically, she's apparently 3/4 French Bulldog and 1/4 Boston Terrier — although we think her face looks more Boston overall. Anyway, as you can...
Personal Finance
U.S. Bank, Opendorse Create Financial Fitness Program
Of all the topics that most students learn in college, unfortunately, financial matters are typically not among them. In the absence of a formal curriculum in schools, independent companies have taken to providing guidance to specific groups. On that note, a major financial institution and a technology provider in the athlete endorsement industry are creating a personal finance program geared towards those playing sports for their schools. This week, U.S....
Personal Finance
Survey Finds Average Unexpected Expense Exceeds $1,400
Each year, the Federal Reserve releases a report titled Economic Well-Being of U.S. Households. One of the data points the Fed looks at as part of this study is the percentage of Americans who could afford to cover a $400 unexpected expense. However, while the 68% of adults that reported being able to cover such an expense marked a record high, a new survey from Lending Club and PYMNTS shows...
Personal Finance
