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.

Qube Digital Cash Envelopes

Qube Money Announces Partnership with Galileo for Innovative App and Debit Card

When it comes to the financial technologies field, it would seem that many startups view themselves more as cohorts than strictly competitors. That dynamic has been evident from the widespread adoption of Plaid among personal finance apps to the recent team-up of crypto tax service providers. This week, another tag-team was born as Qube Money announced a partnership with fellow Utah FinTech Galileo Financial Technologies. Under this partnership, Galilieo's API...
SaverLife logo

Money at 30: SaverLife Review

Saving money is rarely easy. Even if there is technically room in your budget, many of us need a little extra push in order to actually start setting money aside. Because of this, several FinTechs have rolled out unique solutions aimed at getting people to better their finances. Unfortunately, some of these apps and tools charge a monthly fee that might compromise your progress. That's why I was interested to...
Varo banking app

Varo Raises $241 Million in Funding Ahead of Bank Charter Approval

Once again, despite the challenges the current pandemic has brought upon the U.S., FinTech firms are still closing major deals. Last week Varo announced that it had just concluded a $241 million funding round. The impressive Series D was co-led Gallatin Point Capital and returning investor The Rise Fund. Other participants include HarbourVest Partners and Progressive Insurance. This major funding round comes at a pivotal time for Varo as the...
US Unemployment Chart

U.S. Economy Regains 2.5 Million Jobs in May

Ever since the start of lockdown amid the coronavirus crisis in the United States, it was clear that the nation would be in for some rough jobs reports. Sure enough, the country has seen multiple record-breaking weeks of new jobless claims as well as a major spike to the unemployment rate. While economists had braced for May to be no different, instead, the newest figures show the economy rebounding some...
Coronvirus and the Future of the Economy Survey

Life After a Pandemic: Americans Weigh in on Potential Financial Changes

With more and more states moving toward phased reopenings, how are taxpayers feeling about potential life after the pandemic — and what financial and lifestyle changes do they anticipate? That's what a new survey from the site WalletHub aimed to answer. One major change that the current crisis could inspire is a move to more remote work. In fact 29% of those surveyed stated that they intend to pursue a...
group of people sitting discussing what's on a cell phone

Gemini Crypto Exchange Support Added to Samsung Blockchain Wallet

Over the past few months, electronics giant Samsung has quietly become a significant cryptocurrency supporter. This most notably includes the launch of the Samsung Blockchain Wallet, which is available on newer model Samsung Galaxy devices. This week the company took that product to the next level, announcing that the Samsung Blockchain Wallet would offer integration with the Gemini crypto exchange app. Prior to this announcement, Samsung Blockchain Wallet allowed users...
Stackin'

Stackin' Announces $12.6 Million Funding Round

Despite concerns that the FinTech deals were slowing before the pandemic and would continue to slip as a result of shifting economic conditions, news of startups investments continue to roll in. This past week, Stackin' announced that it had raised $12.6 million in a funding round led by Octopus Ventures. The Series B also brought participation from new and existing investors such as Experian Ventures, TechStars, Cherry Tree Investments, Mucker...

14% of Americans Report Tapping Retirement Savings During Crisis

During a time when most Americans are adapting to a "new normal," they may also be making adjustments to their finances — including to funds they'd normally set aside for retirement. As part of the CARES Act, workers can now borrow a larger portion of their retirement savings (the lower of 100% or $100,000 versus the normal 50% or $50,000 limit). Additionally, the 10% penalty that is typically assessed to...
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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,...