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.

row of US dollar bills

U.S. Dollar Continues to Strengthen

Despite economists bracing for the dollar to weaken due to the Fed's new dovish tone, it seems that the greenback is only continuing to rally. As CNN Business reports, the dollar has rallied 1.5% since January 30th — the date of the last Fed meeting. Not only is this development coming as a surprise to observers, but it could also serve as a headache for multinational corporations. Although a strong dollar...
Acorns logo

Acorns Study Finds Americans Prioritizing Health Spending, Additional Saving

When it comes to personal finance matters, it's easy to get bogged down in bad news. However, on a brighter note, it looks as though more young adults are adopting better financial habits. Today the micro-investing app Acorns released their Money Matters Report for 2018, which asked 3,400 Americans between the ages of 18 and 44 about their various money habits, goals, and more. The results included some interesting trends...
Finnish flag

Finland's UBI Experiment Nets Happier Residents But No Extra Jobs

In recent years the concept known as universal basic income has gained steam as a potential alternative to the existing welfare state and/or a necessary preparation for upcoming changes to the economy. While economists and think tanks of many policial stripes have floated their own ideas and theories for what such a program would look like and what it would accomplish, there have only been a handful of real-world deployments...
a stack of "Bitcoins"

Square's Jack Dorsey Only Shows Interest in Bitcoin

This week, Square CEO Jack Dorsey took to Twitter (the other company he serves as CEO of) to talk about cryptocurrency. More accurately, he took questions about Bitcoin, noting that it's the only crypto asset he owns. But that's not all — Dorsey went on to suggest that his Square Cash app will share his Bitcoin-only perspective and also teased a new feature for the app. In recent days Dorsey...

Study Finds Best and Worst Credit Cities for 2019

If you've been paying attention, you may have heard that the average credit score in America is on the rise. In fact, according to the Fair Isaacs Corporation — much more commonly known as FICO — the average now sits north of 700 points. However the personal finance site WalletHub recently sought to find which cities in the country had the best (and worst) credit scores, uncovering one stand-out where the median...
Plaid Founders

Plaid Introduces Auth Product, Adding Thousands of Banks to API

If you're a user of a personal finance app that relies on data provided from your banks, there's a very strong chance you've used Plaid's API to make that connection happen. Prior to today Plaid offered quick authentications for approximately 3,800 banks, allowing users to simply log into their accounts and provide various apps with the info they needed. Now the number of supported banks is set to increase three-fold...

Job Report Exceeds Expectations, Reaches Historic Milestone

It was just yesterday that economists and observers were offering their best guesses for what promised to be an interesting jobs report. Complicated by the longest partial government shutdown in history, expectations had pegged the number of payrolls being added at 165,000. In actuality the report released by the Labor Department shows that the economy added upwards of 300,000 — reaching a notable milestone in the process. As CNBC reports,...
graph of the January 2019 jobs report

Now-Ended Partial Government Shutdown to Complicate Jobs Report

On Friday, the Labor Department will release its monthly jobs report for the first month of the year. While the figures it will contain are expected to be solid, the partial government shutdown that was in place for much of January will lead to a very interesting report overall. For example CNN notes that the 800,000 federal workers affected by the shutdown — either being furloughed or forced to work...
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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...