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.

Bitcoin chart on the Square Cash app

Square Announces $50 Million Bitcoin Purchase

Square has just made a major investment in cryptocurrency. The Jack Dorsey-led FinTech announced this week that it had purchased 4,709 Bitcoins. With a total price tag of $50 million (which amounts to approximately 1% of Square’s total assets as of the end Q2), this means that the company paid around $10,600 per coin. News of the purchase sent the price of Bitcoin soaring, breaking through the $11,000 mark —...
flying ballot

Majority of Voters Say 2020 Election Will Directly Impact Their Financial Future

Believe it or not, Election Day 2020 is now less than a month away. More accurately, ballots are already being cast in several states, either in person or by mail. As we've seen, these final days can hold many surprises, but one thing is certain: finance will be a top concern for Americans as they head to the polls. According to a survey commissioned by the free credit score site...
Macy's fashion shots

Macy's Invests in Swedish FinTech Klarna

When it comes to investment in FinTech, it's typically various venture capital firms fronting the money. However, every once in a while, a different kind of investor steps up to the plate. That's the case with Klarna, which just revealed a deal with a major U.S. department store chain. This week, famed retailer Macy's announced that it was investing in Sweden-based FinTech Klarna — although the size of the investment...
Piles of US Dollars

Nearly 9 Million Americans May Still Have Unclaimed Stimulus Checks

Earlier this year, as the COVID-19 pandemic all but shut down the United States, the CARES Act authorized direct payments of up $1,200 per adult in an effort to stimulate the economy and keep families afloat. While these checks and direct deposits began being sent out back in April, it seems that some may still be owed their funds. In fact, millions of Americans may still quality for payments —...
Yotta Savings app

Gamified Savings Account Yotta Savings Raises $3.3 Million

Can a savings accounts that come with a chance to win a lottery jackpot change the way American consumers save? That's what Yotta Savings is betting on — and now so are several venture capital firms. As Crunchbase reports, Yotta has just closed a $3.3 million seed round. In addition to some angel investors, the round included participation from Slow Ventures, FundersClub, TwentyTwo VC, Chapter One, CapitalX, and Y Combinator. Notably, Yotta previously graduated from Y...

Money at 30: SuperMoney Review

When it comes to taking out a loan, buying an insurance policy, or even getting a new rewards credit card, we all know that it pays to do your research and shop around. That said, the process of obtaining multiple quotes and looking for details on every offer can be extremely time-consuming — not to mention the additional time you’ll need to put into researching what other people have to...
The Psychology of Money by Morgan Housel

Money at 30: “The Psychology of Money” Book Review

One of the things I love most about the book reviews I've been doing for the past several months now is that, despite writing about finance for five years or so now, I'm consistently introduced to new insights, ideas, and perhaps even some "hot takes" about money. My latest bit of consumption is no exception and, in fact, may be the most paradigm-shifting read I've experienced yet. Released earlier this...
Wirex TravelCard and app

Wirex Reaches Crowdfunding Goal in Just 90 Minutes

Who needs venture capital firms anyway? Apparently not Wirex as the U.K.-based payments company easily smashed its fundraising goal using the platform Crowdcube. This morning, the startup surpassed its initial ask of £1 million ($1.28 million) in less than an hour and a half. The campaign was opened to the general public following a priority access period for those who pre-registered. Currently, the company has moved to overfunding and is...
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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...