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.

Varo Bank app and debit card

Varo Money Gains FDIC Approval, Nears Becoming a Real Bank

Over the past few years, several FinTech companies have introduced their own banking services — rolling out savings accounts, debit cards, or both. These products are often the result of partnerships that the startups have with one or multiple banks in order to meet regulatory requirements and provide their customers with key protections such as FDIC insurance on funds. However this week one FinTech company took one big step closer...
US Household Debt

Total U.S. Household Debt Tops $14 Trillion

Over the past several years, as the economy has continued to grow, so has the total amount of debt that Americans have taken on. While housing may make up the bulk of this debt, car loans, credit cards, and student loan debts are also on the rise. In fact, as Bloomberg reports, total household debt in the United States has now topped $14 trillion for the first time. The fourth...
Charlie's got money ideas

Charlie Messenger Review: Does the Penguin Really Give Good Money Advice?

No matter who you are, we could all use a little help when it comes to handling our money. This could mean everything from hiring a financial advisor or talking to a savvy friend to using an app or online service to keep an eye on your spending. But what if you could combine the feeling of chatting with a peer with the features offered by many finance apps? That’s...
Barr

Members of China’s People’s Liberation Army Indicted for 2017 Equifax Hack

In 2017, Equifax — one of three major credit bureaus in the United States — announced that they had experienced a breach. This resulted in approximately 147 million customers having their sensitive data exposed, including names, birthdates, social security numbers, and more. Then last year Equifax and the Federal Trade Commission announced that the company had agreed to pay at least $575 million to those impacted by the hack. Now...
US employment graphs

United States Economy Gains 225,000 Jobs in January

This morning the first jobs report for 2020 was released — and it looks like the year is off to a running start. As CNN Business reports, the United States economy added an impressive 225,000 jobs during the month of January. That easily tops the 160,000 jobs expected by economists surveyed by the site. It also well outpaces the monthly average of 175,000 jobs seen throughout 2019. For the past...
tax forms

Majority of Americans Still Prefer Tax Refunds Despite Drawbacks

As the 2020 tax deadline nears, the volume of tax prep commercials is steadily increasing. In many of these ads, the service advises that their customers see the largest refunds. However the irony of such spots is that, according to some experts, large refunds are actually not ideal as they essentially amount to giving the federal government a free loan. Nevertheless a new survey conducted by the personal finance magazine...
Visa and Astra logos

FinTech Startup Astra Joins Visa's Fast Track Program

For FinTech startups, speed is the name of the game. As we've seen time and time again, it's important for these firms to acquire customers as quickly as possible, with venture capital often helping fuel their race against the clock. That's where the Visa Fast Track program comes in, making it easier for apps and tools to utilize the company's infrastructure. The latest FinTech to come aboard the Visa Fast...
Money Patrol home page screenshot

Money at 30: Money Patrol Review

These days there's certainly no shortage of tools that can help you build and stick to a budget, monitor your investments, and otherwise keep a better hold on your finances. The latest of these services to come to my attention is Money Patrol. Like Personal Capital and Mint before it, Money Patrol is an aggregator that not only puts all of your money data in one place but also helps...
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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,...