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.

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Personal Finance

Money at 30: How I'm Saving Money with T-Mobile

by Kyle Burbank
Earlier this year, I suddenly found myself inspired to reassess some of the bills I had taken for granted and find new ways I could be saving money. As part of this goal I realized that, after a 10+ year run, perhaps it was time that I considered leaving AT&T and looking at a different carrier. Incidentally I've actually had my phone number with all four major U.S. carriers at...
elderly man holding his hands
Personal Finance

Data Shows How Bad American "Retirement Crisis" Really Is

by Fioney Staff
Are you properly preparing for retirement? If you're like many Americans, the answer is most likely "no" — and that's a big problem. As CNBC reports, data shows that the majority of Baby Boomers as well as other generations are woefully ill-prepared for retirement, with savings, pensions, and Social Security benefits all lacking. Starting with private retirement savings, Vanguard found that the average 401(k) account value for individuals over 65...
Novo app screenshot
Personal Finance

Small Business Banking FinTech Novo Raises $4.8 Million Seed Round

by Fioney Staff
A startup with a stated goal of helping other startups manage their money just received a big chunk of change in venture seed financing. FinTech firm Novo announced this week that it had raised $4.8 million in a round led by Crosslink Capital. While Crosslink's investment totaled $3.5 million, other participants in the round included Red Sea Ventures, Rainfall, Hack VC, RRE, and the Stanford Law School Venture Fund. Novo...
a pile of Bitcoins
Personal Finance

Report Suggests Vast Majority of Bitcoin Trade Volume is Faked

by Fioney Staff
There are several aspects of cryptocurrencies that have served to keep them from truly reaching mainstream status. While much-reported hacks are one element scaring off investors, concerns over market manipulation — including "pump and dump" schemes — have also been rampant. Now a new report is stoking those fears once again as it suggests that true crypto trade volume is a mere fraction of what some have said. As the...
62% of people would go into credit card debt for frivolous purchases
Personal Finance

Study Finds Average U.S. Household Has $8k+ in Credit Card Debt

by Fioney Staff
It's sad to say that, for many Americans, credit card debt is just a fact of life. Currently our total outstanding credit card debt tops $1.03 trillion dollars. What's more it seems that attitudes toward debt continue to evolve, leading the majority of adults to admit they'd take on debt for a frivolous purpose. According to WalletHub's latest credit card debt survey, 62% said that there were frivolous purchases worth...
iPhone using Apple Pay
Personal Finance

Apple Officially Announces Apple Card Credit Card

by Fioney Staff
Well, the rumors were true: Apple will soon offer their own twist on a credit card. This week the Cupertino-based company — in partnership with Goldman Sachs and Mastercard — officially announced Apple Card. With an emphasis on financial health, unique perks, and of course a new level of Apple Pay integration, the new card is already turning heads. First, Apple bills Apple Card as a "credit card built for...
Square logo
Personal Finance

ICBA Asks Regulators to Close FinTech FDIC “Loophole”

by Fioney Staff
With the 2020 election cycle already kicking into high gear, several of the hot topics being touted on the campaign trail revolve around technology. From fears over automation impacts to calls to break up Silicon Valley giants, there are those on both sides calling for greater regulation on emerging technologies. Simiarly FinTech startups are also facing pushback on their expansion plans, with one group of bankers now taking their efforts...
Graph of answers to retirement questions
Personal Finance

Ameritrade Survey Finds Many Investors Lack Knowledge of Retirement Accounts

by Fioney Staff
How much do you know about your retirement accounts? Even if you contribute to an employer-sponsored 401(k) or even a traditional IRA, chances are you still might not be familiar with all of the rules, requirements, or fees that come with them. To prove this point, recently Ameritrade interviewed 1,006 U.S. adults over the age of 22 with more than $10,000 in investable assets and tested their knowledge about various...
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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...