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.

bankers sitting in front of computers
Personal Finance

Wells Fargo and Barclays Invest in OpenFin's $17 Million Round

by Fioney Staff
Two major banks are backing a FinTech startup OpenFin in their latest funding round. Not only did Wells Fargo lead the $17 million Series C but Barclay also participated alongside previous investors, including JP Morgan Chase, Bain Capital Ventures, and others. According to Reuters, the company will now put those funds to use creating a better technology ecosystem for financial institutions. As TechCrunch explained, OpenFin has described itself as "the...
U-Pack ReloCube
Personal Finance

U-Pack Review: A More Affordable and Convenient Moving Option?

by Fioney Staff
There are many great benefits to moving that often get overlooked. For example relocating can be a great way to save money or may offer new job opportunities. At the same time there's no getting around the fact that moving can be a huge pain. This reality has often led to a conundrum: do you pay handsomely to hire full-service movers or save money by taking on the stress of...
Binji app and debit card
Personal Finance

FinTech Binji Launches Its "Complete Personal Finance Solution"

by Fioney Staff
For years various FinTech ventures have sought to make managing your finances a bit easier. Of course this overall vision has manifested itself in different ways, with various startups offering their own ideas and plans. Now Binji is launching what they call a "complete personal finance solution," combining a few different FinTech-centric elements into one account. Perhaps the main attraction of Binji is their digital display debit card. This single...
generic credit card
Personal Finance

Sanders, Ocasio-Cortez Suggest Interest Rate Cap on Credit Cards

by Fioney Staff
A 2020 presidential hopeful and a popular Congressional freshman have announced that they're teaming up to take on the credit card industry. Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez announced last week that they'll be introducing legislation to cap credit card interest rates at 15%. Not surprisingly, as USA Today reports, the plan has been met with mixed reactions. Discussing the proposal on a Facebook live stream with Ocasio-Cortez, Sanders...
a pile of "bitcoins"
Personal Finance

Bitcoin Surges to Highest Price in 10 Months

by Fioney Staff
Don't count Bitcoin out just yet. After a rough patch that saw the cryptocurrency falling through each perceived price floor and continued regulatory concerns, BTC has staged an impressive rally in recent days, topping $8,000 at times. As CNN Business notes, this is the highest level the asset has reached since last July. So what's behind the bullish run? One potential explanation lies in the struggles seen on the stock...
map of China
Personal Finance

U.S.-China Trade War Escalates, Stocks Fall

by Fioney Staff
Just a couple of weeks ago it seemed that the United States and China were on their way to reaching a trade deal. This hope even played a role in helping the S&P 500 and Nasdaq indices reach record highs. Unfortunately, late last week, President Trump announced that tariffs on Chinese goods would increase from 10% to 25%. With China now retaliating, the markets are currently shedding some of the...
SoFi GIGE ETF
Personal Finance

SoFi Introduces Gig Economy ETF

by Fioney Staff
Less than a month after debuting two of their own exchange-traded funds, FinTech firm SoFi is back at it. This week the company introduced another ETF, this time focusing on the growing gig economy. Trading under the ticker symbol $GIGE, the ETF currently includes companies directly and indirectly involved in the gig economy such as GrubHub, Groupon, Square, PayPal, Etsy, Ebay, and Lyft. Unlike their other ETFs — the SoFi...
lock on top of a computer screen
Personal Finance

Congress Reintroduces Bill to Fine Credit Bureaus for Data Breaches

by Fioney Staff
Back in 2017, Equifax — one of three major credit bureaus in the United States — experienced a massive breach. As a result an estimated 147 million Americans saw private data exposed, making them vulnerable to identity theft and other dangers. And while the fallout from this event has led to some changes, such as consumers being allowed to freeze their credit reports for free, many felt that Equifax themselves...
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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...
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...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
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,...