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.

Shaek Shack restaurant
Personal Finance

Shake Shack to Return Paycheck Protection Program Loan to SBA

by Fioney Staff
Last week when it was announced that the Small Business Administration's (SBA) Paycheck Protection Program (PPP) had run through its original $349 billion in funding, there was plenty of anger to be found all around. While some were frustrated with Congress for not authorizing additional funding and with the SBA for not providing clearer instructions for banks to follow, others were upset to find that some national chains such as...
SoFi and Galileo logos
Personal Finance

SoFi Set to Acquire Fellow FinTech Galileo

by Fioney Staff
Even in the face of a pandemic, FinTech marches on. Not only have we seen firms reporting new funding rounds during these challenging times but we have also seen some online banking offerings experiencing increased sign-ups. Now there's more good news for the industry as the streak of acquisitions we've seen so far this year has extended by one. Last week, SoFi (short for "Social Finance") announced plans to acquire...
tax
Personal Finance

Study Calculates "Taxpayer ROI" for Every State

by Fioney Staff
Under normal circumstances, today (April 15th) would be Tax Day in the United States of America. However, with the COVID-19 pandemic all but shutting down the economy, this year's filing deadline has been moved to July 15th instead. Still, in the spirit of tax season, the personal finance site WalletHub recently compiled a study on "taxpayer return on investment" — or "taxypayer ROI." Moreover they then ranked each state to...
Start From Zero
Personal Finance

Money at 30: "Start from Zero" Book Review

by Kyle Burbank
Something I often forget about myself is that I am technically a business owner. However, in my mind, there's a big difference between working for yourself and being an actual entrepreneur. With that in mind, I don't often look to books about business or entrepreneurdom (if that's even a word) as I didn't really think they'd apply to me. Yet, when I was recently offered the chance to check out...
Sila Payments
Personal Finance

Payments API Platform Sila Raises $7.7 Million in Funding

by Fioney Staff
Despite FinTech deals falling to multi-year lows amid the global COVID-19 crisis, funding is still flowing for some firms. The latest to reveal new rounds is the Portland-based payments startup Sila. Last week Sila announced that it had raised $7.7 million in seed funding. The round was co-led by both Madrona Venture Group and Oregon Venture Fund. 99 Tartans, Mucker Capital, Transferwise co-founder Taavet Kinrikus, and entrepreneur Jerry Neumann also participated. According to the...
IRS logo
Personal Finance

IRS Introduces New Portal for Non-Filers to Enter Stimulus Payment Info

by Fioney Staff
Since Congress passed the $2 trillion stimulus package that included direct payments for many Americans, there have been several questions about when this money would go out and how individuals could claim their funds. While the Internal Revenue Service (IRS) had previously stated that direct deposit info would be used from 2019 or 2018 tax returns, that left open the question of what would happen with non-filers. Now the IRS...
Fold Visa Card
Personal Finance

Fold Unveils New Bitcoin Rewards Visa Card

by Fioney Staff
Despite the best efforts of FinTechs like Robinhood and Square, cryptocurrencies remain fairly esoteric in nature. However another company looking to change that is Fold — an app that uses Bitcoins as cash back rewards. Now the firm is taking that mission to the next level with the help of Visa. Today, Fold announced that it would be launching a co-branded Visa card that will allow users to earn Bitcoin...
hand cusping a car
Personal Finance

Select Auto Insurers are Crediting Customers Due to COVID-19 Impacts

by Fioney Staff
With most Americans currently under a state or local shelter-in-place order, a majority of individuals are driving far less than they normally would. On top of that, with non-essential businesses being forced to close in several states, unemployment and other financial hardships are on the rise. Therefore, in a bid to offer some assistance and perhaps earn a bit of goodwill from their customers, this week some auto insurers announced...
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Checking Account Review

2025 SoFi Checking and Savings Review

by Kyle Burbank
 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.
Financial

A Look at How Rakuten (Ebates) Works in 2026

by Kyle Burbank
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
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
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
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
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
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
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...