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.

illustration of rewards credit card shopping

Survey Finds Americans Save Average of $757 with Credit Card Rewards

Love them or hate them, the use of credit cards is on the rise. Additionally, despite this form of payment often being associated with debt, it seems as though a number of consumers are using plastic (or metal) to their benefit. In fact, according to a new survey commissioned by SlickDeals, Americans save an average of $757 per year thanks to credit card rewards. In terms of how many credit...
GreenSky logo

Goldman Sachs to Acquire Buy Now, Pay Later Platform GreenSky

It looks as though Goldman Sachs is joining the "buy now, pay later" (BNPL) trend. Recently, the bank announced plans to acquire GreenSky in an all-stock transaction valued at approximately $2.24 billion. At this time, the deal is expected to close in Q4 2021 or Q1 2022. GreenSky currently works with more than 10,000 merchants, allowing them to offer financing options to their customers. According to their press release, Goldman...
crypto wallet illustration

Robinhood Opens Waitlist for Crypto Wallets

At long last, Robinhood is expanding its cryptocurrency platform. According to a blog post from the company, it will begin rolling out its crypto wallet feature to select users next month. Ahead of that, customers can now join the waitlist (although they will need to update their app before doing so). Users can also move up their place in line by inviting friends to join the app. Until now, while...

Money at 30: "The Passion Economy" Book Review

Have you ever stopped to think about how many people today are doing jobs that didn't exist a decade ago? Or have you talked to someone at a cocktail party, asked about their job, and thought, "How do you make money with that?" If so, then you may have found yourself taking an interest in "the passion economy." Now (well, as of last year), there's a book on this very...
Bilt credit card

Renters Loyalty Program and Credit Card Bilt Rewards Raises $60 Million

Just three months after debuting, Bilt has announced that it's raised $60 million in a growth fund round. Investors include the likes of Wells Fargo and Mastercard as well as a group of real estate owners including Blackstone, AvalonBay Communities, Douglas Elliman, Starwood Capital Group, and several others. Launched earlier this summer, Bilt offers a loyalty program for renters. The Bilt Alliance is a collection of more than two million rentals...
CipherTrace and Mastercard logos

Mastercard Acquires Cryptocurrency Intelligence Company CipherTrace

Over the past few years, cryptocurrencies and blockchain technology have steadily become more mainstream. At the same time, they've also faced criticism and regulatory scrutiny. Now, in a bid to make digital currencies safer and more trusted for all, Mastercard has acquired the firm CipherTrace for an undisclosed amount. CipherTrace is a crypto intelligence solution that boasts insight into more than 900 cryptocurrency assets. Its tools include anti-money laundering and...
Tomo team photo

FinTech Credit-Building Card Startup Tomo Raises $10 Million

Another FinTech disruptor has just revealed a significant early-round investment. Earlier this week, TomoCredit announced that it had raised $10 million. The Series A was led by Kapor Capital and KB Investment Inc. with additional participation from Lewis & Clark Ventures. This round follows Tomo's $7 million seed round closed in February of this year, bring its funding to date up to $17 million. With the cash, the company says...
young woman stressed over credit card bills

Survey Finds 45% of Americans Took on More Debt During Pandemic

Despite multiple rounds of stimulus and an overall decrease in credit card debt during 2020, many Americans have found themselves taking on more debt since the start of the pandemic. According to a new survey conducted by Inside 1031, 45% of respondents saw their credit card debt rise since March 2020, including 21% who took on "significantly more" and 24% who now have "somewhat more" debt than before the pandemic....
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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...
Rakuten: Where it pays to shop.

A Look at How Rakuten (Ebates) Works in 2026

Since taking an interest in personal finance, one site I’ve come across again and again is Rakuten, formerly Ebates. If you’re still unfamiliar, Rakuten is a cashback site — and is the largest of its kind by far, boasting deals from over 3,500 retailers. Its popularity has endured even with the odd Rakuten re-branding and the platform remains one of my most-used money-saving tools. Since joining Rakuten / Ebates some...
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...