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
American Express Debuts Rewards Checking Account
by Fioney Staff
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...
Personal Finance
Budget Airlines Spirit and Frontier Plan Merger
by Fioney Staff
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...
Personal Finance
U.S. Economy Adds 467,000 Jobs in January, December Revised Upward
by Fioney Staff
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...
Personal Finance
SoFi Officially Acquires Golden Pacific Bancorp, Becomes SoFi Bank
by Fioney Staff
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...
Personal Finance
Upgrade Launches Cashback Shopping Portal for Card Customers
by Fioney Staff
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...
Personal Finance
Money at 30: Considering a Dog — And Adding Up the Potential Costs
by Kyle Burbank
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...
Personal Finance
FloatMe Announces $16.2 Million Funding Round
by Fioney Staff
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...