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.

Chart of FICO scores

Average Experian FICO Score Reaches Another New High

This just in: Americans are continuing to improve their credit. According to Experian's 2019 Consumer Credit Review, the average FICO credit score now sits at 703. In addition to that being up two points from last year, it also marks a new record. More impressively, since 2010, the average has climbed 14 points. Not only has the average FICO score notched above 700 but the majority (59%) of Americans now...
Marcus logo

Goldman Sachs Debuts Marcus App at Long Last

Back in 2016, Goldman Sachs revealed that it was launching an online bank named Marcus, which would offer high-yield savings, certificates of deposit (CDs), loans, and more. As observers have noted, the debut of Marcus marked a bid by Goldman to appeal to a wider and notably younger crowd than their other products. Yet it was only this week that one missing element from the Marcus banking experience officially arrived:...
Chase Sapphire Reserve card

Chase Adds New Perks to Sapphire Reserve, Increases Annual Fee

When it comes to credit cards, there are at least two major schools of thought: those who think they're evil and those who see them as a potentially positive tool. Yet, even among those in the latter camp, high-end credit cards can be a bit divisive, with some praising the outsized value they receive while others balk at the high annual fees. Well now one of the most popular premium...
"Bad with Money" by Gaby Dunn Book Cover

Money at 30: "Bad with Money" Book Review

When most people think about financial books, I have to assume they envision thick economic textbooks or perhaps a hardcover series from a money guru like Dave Ramsey. In reality, the personal finance books I've reviewed come from authors like Tanja Hester, Grant Sabatier, or Erin Lowry who all gratefully give their takes on money matters that make such topics approachable, actionable, and interesting. That's why I was intrigued when...
covering eyes with a ?

Survey Finds Even the Financially Savvy Make Money Mistakes

When it comes to personal finance, it's fairly simple to make a mistake. Whether it's as simple as overspending or more complicated such as errors in investing, you might expect that most Americans would be quick to cop to these missteps. What you might not anticipate, however, is that these types of money mess-ups are also common among the financially savvy — yet that's exactly what a recent survey from...
Taxbit logo

Crypto Tax Compliance Tool TaxBit Raises $5 Million

Of all the regulatory issues that cryptocurrencies have presented, perhaps the most tangible involves taxes. Ever since the great Bitcoin boom of 2017, the Internal Revenue Service (IRS) and tax professionals across the country have attempted to get the word out about properly reporting crypto gains — while likely trying to understand the rules for themselves. Luckily the startup TaxBit has a plan to help with this pain point and...
pumping gas

GasBuddy Predicts Average Cost Per Gallon to Remain Under $3 in 2020

Whether you're a frequent road tripper or a long commuter, there may be good news for the year ahead. According to the gas station-finding app GasBuddy, the national year average for gasoline is expected to stay below $3 a gallon once again in 2020. For transparency GasBuddy heads off their report with a look at some of their past predictions compared to the actual national average. For example their 2018...
contactless point of sale system

eMarketer: Mobile Payments Getting a Boost from Increased Contactless Card Acceptance

For years we've heard about mobile payments finally breaking through — but now it seems that the technology is making strides thanks in part to updated physical cards. According to eMarketer, it looks as though the steady roll-out of contactless credit cards are helping to raise the popularity of mobile payments as well. A survey conducted by CreditCards.com and YouGov last summer found that 24% of rewards credit card holders...
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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...