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.

Intuit and Credit Karma logos

DoJ Okays Intuit's Credit Karma Acquisition, Credit Karma Tax Sale to Square

Back in February, Intuit announced plans to purchase the free credit score site Credit Karma for a whopping $7.1 billion. However, as always, the deal was subject to regulatory approval. Now, the company has revealed that it's entered into a consent decree with the U.S. Department of Justice as well as an Assurance of Discontinuance with the New York State Attorney General. As a result, the path is now cleared...
Hippo logo

Insurtech Company Hippo Scores $350 Million Investment

Palo Alto-based insurtech startup Hippo just announced that it's raised another $350 million. The impressive raise comes exclusively from Mitsui Sumitomo Insurance Company, Limited and brings the company's total funding to date to $709 million. Instead of being aside a letter, the round is being described as simply a "venture round." The investment comes just four months after the company's $150 million Series E — which already ranked among the...
Bumped app

Money at 30: Bumped App - How Version 1.0 Compares to the Beta

For literal years, I've been raving about an app called Bumped. Yet, little did I know that, for much of that time, I was talking about a service that few could actually try for themselves. That's because Bumped was still in its pilot or beta phase. However, as the platform launched its 1.0, many of the features that original users loved had changed — for better or worse. So what...
Bitcoin and a dollar bill

Bitcoin Continues to Surge, Nearing All-Time High

In 2017, Bitcoin enjoyed a famed run that saw the cryptocurrency's value climb to nearly $20,000 per coin before plummeting back down to earth. Now, nearly three years later, the asset is making another run at that record. Since October 1st, the price of Bitcoin has nearly doubled, going from around $10,500 to as high as $19,400 in recent days. However, at press time, the value had receded some to...
Vennfi Charityvest logos

Vennfi Raises $2.3 Million Ahead of Charityvest Platform Expansion

Even as 2020 begins to wind down, FinTech deals continue to roll in. Last week, Vennfi announced it had raised $2.3 million in funding. The seed round was led by former DCM Ventures partner Tom Blaisdell with participation from Teamworthy Ventures, Duro.vc, Sovereign's Capital, and Promus Ventures along with individual investors and other funds. With the latest raise, Vennfi's has now brought in a total of $3.7 million for 2020....
Google Pay logo

Google Pay Unveils Overhaul, Opens Waitlist for Banking Account

Users of Google Pay for Android or iOS may have noticed some major changes to the app this week. A new update turns the focus to personal finance as well as peer to peer payments, while also teasing future endeavors. First, users can now link bank accounts and credit cards (via Plaid) to Google Pay in order to see their spending — regardless of whether they're using Google Pay to...
wrapped present

Money at 30: My Top Holiday Shopping Tips For 2020

Even though we're still in mid-November, I think we can all agree on fast-forwarding to the holiday season this year. Of course, 2020's festivities are bound to look a bit different in many ways. Nevertheless, shopping will surely still play a big role in the next several weeks. With that in mind, I figured I'd highlight some of my top holiday shopping tips — including some tailored to our current...
TransUnion building

U.S. Credit Card Balances Reach Lowest Total Since 2017

If the credit card balances you carry have decreased in recent months, you're not alone! According to data from TransUnion, credit card balances fell to a total of $723 billion during the third quarter of the year. That's not only down $15 billion from the prior quarter but is also down $84 billion from one year ago. In fact, the sum is the lowest total since Q2 2017 when balances...
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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,...