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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4 Surprising Cost of Living Statistics From Across the U.S.

As someone who moved from Los Angeles, California to Springfield, Missouri, I know a thing or two about cost of living expenses and how they differ across various areas of the country. In fact, as you can imagine, it was a big reason why my wife and I chose to move here back in 2015. Since then, cost of living expenses have been an even larger topic in the United...
GM credit cards

Goldman Sachs Reportedly Selling GM Credit Card to Barclays

Goldman Sachs is reportedly nearing a deal to offload its General Motors credit card portfolio to a bank they previously beat out for the program. About the reported deal: According to Bloomberg, Goldman Sachs is close to sealing a deal with Barclays to take over their GM credit card business. While the agreement has yet to be finalized, the transaction will apparently cost Barclays the value of the outstanding card...
PayPal Everywhere app and debit card

PayPal Rolls Out PayPal Everywhere Initiative, Updated Debit Card

PayPal is looking to expand its reach with a new initiative and a more rewarding debit card product. About PayPal Everwhere and debit card: While PayPal is best known as an online payment option, the platform is giving consumers more reason to use it in-store as well. This includes debuting an updated debit card with enhanced cashback rewards. Now, PayPal customers can use their PayPal debit card to earn 5%...
DailyPay Visa Debit Card

DailyPay Rebrands Debit Card, Plans New Cashback Offer Feature

The earned wage access platform DailyPay has announced a rebrand for its employee debit card offering. About the updated card and DailyPay: DailyPay has announced that it will be rebranding its Friday by DailyPay Visa Prepaid Card. Now, the service will simply be known as the DailyPay Visa Prepaid Card. With the card, users will still have the ability to transfer a portion of their earned payroll wages to the...
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AI-Powered Compliance Platform Sedric Raises $18.5 Million

A company that leverages AI to help financial institutions manage compliance issues has closed a new round of funding. About the round: Sedric has announced that it raised $18.5 million in its latest round. The Series A was led by Foundation Capital with Amex Ventures also participating. To date, the company has now raised a total of $22 million including a 2021 seed round. With the new funds, Sedric says...
signing a contract next to a model house and a judge's gavel

Lessons From a First-Time Home Buyer: How New Realtor Rules Could Impact Buyers

You may have heard that the rules for real estate agents and realtors were changing. If you're like me, you might have even caught a segment about it on your local news... that only managed to make things more confusing. I'm not sure why getting clear answers on these updates has proven so difficult but, in my experience, it has been. Luckily, among the junk, I have found some clarifying...
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ASA Vault Adds Five More FinTech Tools to Its "App Store"

The "App Store as a Service" platform ASA has added five more FinTech tools to its roster. About the additions and ASA Vault: ASA has announced that it has added five FinTech applications to its ASA Vault app. These include PortfolioPilot, Guac, One Goal Finance, Credit Rent Boost, and Column Tax. With ASA Vault, users can sign up for and access these services without providing their name, email address, or...
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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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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...
gas pump

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...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...