Personal Finance: What You Need To Know Today

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.

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SaaS FinTech MoneyThumb Acquired by Iron Creek Partners

A company that offers a variety of underwriting tools has revealed that it's been acquired. About the acquisition: This week, MoneyThumb announced that the private investment firm Iron Creek Partners LLC has acquired the company. According to a press release, this transaction will provide MoneyThumb with growth capital as the company continues to expand. While the news was announced on August 29th, the transaction officially closed on August 19th, 2024....
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Southwest Airlines Unveils Accelerated A-List Status Promotion

Southwest is bringing back a popular promotion to help passengers achieve coveted A-List status — including a new option. About the promotion: For a limited time, Southwest Rapid Rewards members can work their way up to A-List and A-List Preferred status more quickly via a few different options. First, Rapid Rewards customers who book qualifying flights and travel between now and November 30th can earn double tier qualifying points. What's...
Bilt and Walgreens logos beside pharmacy products

Bilt Partners with Walgreens for Automatic FSA/HSA Program

Bilt has announced a unique partnership with Walgreens that will not only mean bonus points for members but could also help them make use of their Flexible Spending Account (FSA) or Health Savings Account (HSA) benefits. About the partnership and program: This week, Bilt and Walgreen launched a new program together. With this feature, when members shop at Walgreens using a linked credit or debit card, Bilt's system will be...
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LendingClub Bank Introduces LevelUp Savings Account

The FinTech bank LendingClub has announced a high-yield savings account that will allow customers to "LevelUp" their earned interest. About the account: With the new account, customers will be able to earn up to 5.30% APY on funds — which is 11 times the national average. However, to earn this rate, accountholders must deposit at least $250 per month. Those who don't manage to meet this requirement will still earn...
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Walmart+ Introduces New Burger King Perk for Members

Walmart is bringing a new perk to its paid membership program via an intriguing partnership. About the new benefit: This week, Walmart and Burger King announced a new benefit for Walmart+. Now, Walmart+ members can get 25% off orders they place via the BK App or BK.com. What's more, this discount can be used up to once per day. In addition to the everyday perk, starting in September, BK will...
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Bask Bank Launches Interest Checking Account

After teasing a new account type a few weeks ago, Bask Bank has now opened an Interest Checking option to all customers. About the new account: With the new Bask Interest Checking, customers can earn 1% APY while enjoying the benefits of a mobile-first checking account. Not only can accountholders use their Bask debit card to make purchases wherever Visa is accepted but they will also have access to more...
An Alaska Airlines plane and a Hawaiian Airlines plane

Alaska and Hawaiian Airlines Merger Moving Foward

Nine months after Alaska Airlines and Hawaiian Airlines announced plans to merge, the proposed deal has cleared a significant regulatory hurdle. What's new: After reviewing the plans for Alaska and Hawaiian Airlines to merge, the U.S. Department of Justice has declined to block the transaction. However, since the deal includes two airlines, the U.S. Department of Transportation will need to approve the plans. Currently, no timeline for when the agency...
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Real Simple Announces 2024 Smart Money Award Winners

Today, the personal finance site Real Simple unveiled the winner of its sixth annual Smart Money Awards, which includes awards for banking, credit card, investment, and other financial products. For the first time this year, the site also partnered with Investopedia to assess numerous platforms and tools to arrive at their honorees. About the awards and winners: Starting with bank account awards, Ally was named the Best Online Bank while...
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Discover Reveals 5% Bonus Categories for Final Quarter of 2024

As we head into the holiday season, Discover has unveiled its fourth-quarter bonus category picks. About the Q4 2024 Discover It 5% categories: Starting on October 1st, Discover It customers will be able to earn up to 5% back on purchases from two major retailers. First up is Amazon — which has been a fixture of Discover's fourth-quarter bonus categories since at least 2015. While this category will of course cover...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...

A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...
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2024 Pay with GasBuddy Review: Yes, You Can Legitimately Save Money Every Time You Fill

Put simply, the value proposition of Pay with GasBuddy is that you can use a special card that's accepted at most gas stations in order to save a few cents off of every gallon of gas you buy. That sounds good — almost too good, if you think like me.
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Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...