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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DeFi Social Trading Platform Nested Raises $7.5 Million

A DeFi platform that aims to add a social element to crypto trading has just garnered itself some investments. This week, Nested announced that it recently closed a $7.5 million round. The Series A was led by Alan Howard with Republic Capital, Kenetic Capital, CMT Digital, and a number of angel investors. Among these indivials investors were former Polychain Capital president Joseph Eagan, Earn co-founder Lily Liu, and Blackpool founder...
Star Wars Galactic scene

Money at 30: Thrifting Our Way Into Disney's New Star Wars Experience

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...
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Rize and MX Announce Partnership to Better Assist FinTechs

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...

Robinhood Cash Management Account Review

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...
Citibank branch

Citi Becomes Latest Bank to Drop Overdraft Fees

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...
Neon NFT vending machine

Neon Introduces NFT Vending Machine in New York City

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...
a couple talking

SoFi Announces Planned Acquisition of Technisys

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...
Point Debit Card

Point Neon Debit Card Review — Worth the Fee?

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 —...
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2025 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. That was later 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 is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards

Best Western Debuts Two New Rewards Credit Cards

After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation

Marriott Bonvoy Bold Card Launches Travel Contest

Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
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Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app

PayPal Debit Card Review: Earn Stackable 5% Cash Back

In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...