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.

inside Kyle's apartment

Money at 30: One Year Later - Was Our Apartment Upgrade Worth it?

A few years back, I penned a post about one of the downsides of rent, which is that upgrading is likely not a one-time expense and will impact you on a monthly basis in perpetuity. Despite these hesitations, one year ago, we signed a lease for a new apartment that cost about 50% more than we were paying (while also downsizing from a two-bedroom to a one-bedroom). A big reason...
Amex Rewards Checking Debit Card

American Express Debuts Rewards Checking Account

American Express is expanding its offerings, launching its first all-digital consumer checking account. Dubbed Amex Rewards Checking, the new account is now accepting applicants. Despite being a checking account, American Express will offer customers 0.5% APY on funds held in their account. As for other features, accountholders will have access to more than 37,000 fee-free ATMs that are part of the MoneyPass network and will enjoy Purchase Protection on eligible...
Spirit and Frontier logos

Budget Airlines Spirit and Frontier Plan Merger

Over the years, the airline industry has seen several mergers and acquisitions, leading to a current "Big Four" domestic airlines. At the same time, various challengers with different business plans have given flyers a variety of options. In particular, airlines such as Frontier and Spirit have cornered the budget market by unbundling the flying experience and allowing passengers to choose what amenities they want to pay for. Now, these two...
US jobs report graph for January 2022

U.S. Economy Adds 467,000 Jobs in January, December Revised Upward

Today, the Bureau of Labor Statistics (BLS) released its January jobs, which included some major surprises. First, the latest report shows that the economy added 467,000 jobs during the month. This far exceeded the 150,000 economists had projected — with some even bracing for a negative number — due to the impacts of the Omicron variant. To that point, 7.8 million workers report that they missed time from work in...
phones with the SoFi app

SoFi Officially Acquires Golden Pacific Bancorp, Becomes SoFi Bank

Whether you're a FinTech observer or an everyday American, you've probably heard the name "SoFi" a lot lately. For the latter group, that's likely because this year's Super Bowl is set to be held at SoFi Stadium in Los Angeles. Yet, outside of that high-profile naming rights deal, the startup has continued to make headlines as it grows and expands. On that note, this week, the company took a major...
Upgrade Shopping logo

Upgrade Launches Cashback Shopping Portal for Card Customers

Fans of the FinTech service Upgrade could now have a new option for shopping online. This week, the company announced the launch of Upgrade Shopping — a new shopping portal available to Upgrade Card customers. With the new platform, cardholders can earn cashback on purchases from more than 20,000 local and national merchants. For online purchases, customers can click or tap the "Shop" button before making their purchase in order...
Dog on the river bank

Money at 30: Considering a Dog — And Adding Up the Potential Costs

A couple of weeks ago, I turned to my wife around 1 a.m. and asked a harmless, random question: "Do you like Boston Terriers or French Bulldogs better?" I have to imagine that the question drew inspiration from the flannel, Martha Stewart Living puppy sheets we had on our bed, but I didn't realize that this would lead to many more conversations on the topic. By the way, we decided...
FloatMe app

FloatMe Announces $16.2 Million Funding Round

For years, overdraft fees have been the bain of many consumers' banking lives. While a mistake or late payday might lead their account to fall just below $0, their debt would be exacerbated by a fee of $35 or more — with additional fees hitting as more negative transactions arose. Now, a FinTech whose aim is to prevent those fees is earning funds from investors. This week, FloatMe announced that...
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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...
Bilt and All Reward logos

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,...