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
Money at 30: Thrifting Our Way Into Disney's New Star Wars Experience
by Kyle Burbank
Today, Walt Disney World debuted its latest and perhaps one of its most ambitious projects: the Star Wars Galactic Starcruiser. While it's colloquially referred to as the "Star Wars hotel" by many, the two-day affair actually promises to be an immersive experience that takes on the theme of an interplanetary cruise. What also differentiates the Galactic Starcruiser from a typical hotel is the price, with packages typically ranging from $4,000...
Personal Finance
Rize and MX Announce Partnership to Better Assist FinTechs
by Fioney Staff
Following a record-breaking year for the FinTech sector that saw several high-profile investment rounds, initial public offerings, and breakthroughs, 2022 has picked up where 2021 left off. However, so far, this year seems to be one filled with mergers and acquisitions, as several such deals have recently been announced. At the same time, while some startups are joining forces in more permanent ways, many others are working in tandem less...
Personal Finance
Robinhood Cash Management Account Review
by Kyle Burbank
It’s hard to believe that it’s now been several years since the stock trading app Robinhood announced it was launching a cash management account. That offering — then dubbed Robinhood Checking & Savings — was quickly scrapped and the entire episode was a bit of an embarrassment for the company. Nevertheless, the core of the idea was later resurrected and now exists as the Robinhood Cash Management account. Speaking of...
Personal Finance
Citi Becomes Latest Bank to Drop Overdraft Fees
by Fioney Staff
One of the most oft-cited complaints about major banks can be boiled down to two words: overdraft fees. Famously, these penalities of $35 or more would be applied to consumers who overdrew their checking accounts by even $1 or less. Furthermore, regulators and customers have accused some banks of deliberately re-ordering transactions in order to maximize the number of fees imposed. However, in recent years, some banks have begun to...
Personal Finance
Neon Introduces NFT Vending Machine in New York City
by Fioney Staff
Love them or hate them, NFTs (non-fungible tokens) have exploded over the past year. However, despite the growing popularity, navigating the purchasing process remains a mystery for many — especially those not well-versed in cryptocurrency. Thus, Neon has unveiled a new solution it believes will help revolutionize the industry: an NFT vending machine. This week, Neon announced the opening of a new NFT vending location in New York City’s Financial...
Personal Finance
SoFi Announces Planned Acquisition of Technisys
by Fioney Staff
What's already proven to be a big year for SoFi continued today as the FinTech announced its latest acquisition. This morning, the company announced that it had entered into a definitive merger agreement with Technisys. The all-stock deal is valued at approximately $1.1 billion. Currently, the transaction is expected to close by the second quarter of this year. Founded in 1999, Technisys is a banking-software company that currently powers banking platforms...
Personal Finance
Point Neon Debit Card Review — Worth the Fee?
by Kyle Burbank
UPDATE: As of September 2022, Point has discontinued the Neon debit card. Below is my review of the product just weeks before the announcement of "sunsetting" was made" A few months back, I remember seeing an ad for a debit card called Point. With the sleek site, brightly colored cards, and attractive benefits, I was definitely interested. Well, that was until I saw that there was an annual fee —...