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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SEC Announces End to Robinhood Crypto Probe

The Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood's crypto business and will not be suing the FinTech. About the announcement: In a blog post on its website, Robinhood revealed that it had been informed by the SEC’s Enforcement Division that an investigation into the company's cryptocurrency operation had concluded. Furthermore, following this inquiry, the agency did not intend to move forward with any enforcement action. This...
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Report: Varo Bank Raises $29 Million Series G, Replaces CEO

According to reports, Varo Bank has not only raised a new round of funding but has also named a new Chief Executive Officer. What's happening at Varo: As TechCrunch reports, per an SEC filing, Varo has raised a $29 million Series G. However, the FinTech bank had apparently been seeking $55 million in funding. Moreover, this comes after a 2023 $50 million equity round that valued the firm at $1.85...
Southwest logo and airplane

Southwest Announces Latest Companion Pass Flash Promotion

For a limited time, Southwest fliers can score a promotional Companion Pass, good for use later this year. About the offer: Southwest Airlines is bringing back its popular Companion Pass flash offer. First, customers can register for this promotion and must book a flight (one round-trip or two one-way) on the airline between now and February 20th, 2025. Then, they must travel by March 31st in order to claim a...
Zeta issues credit cards and apps

Banking Tech Provider Zeta Announces $50 Million Funding Round

The banking technology company Zeta has announced its latest funding and a milestone valuation. About the round: This week, Zeta announced that it had raised an additional $50 million. While the company didn't specify, this was a Series D according to Crunchbase. The site also states that the round was led by Optum. Notably, the latest round values Zeta at $2 billion, which marks a 70% increase from the $1.15...
two hands holding Buy What You Love Without Going Broke

"Buy What You Love Without Going Broke" Book Review

Last month, while reviewing George Kamel's book, I noted that I had learned about him through his appearance and my attendance at FinCon 2024. That's the backstory with this month's book selection: Buy What You Love Without Going Broke by Jen Smith and Jill Sirianni (hosts of the Frugal Friends podcast). In fact, after her moving keynote speech on the final day of the event, Smith mentioned that this book...
SoFi Plus logo and app

SoFi Introduces New Benefits for SoFi Plus Membership Product

The financial services mega app SoFi is introducing new perks for SoFi Plus membership. About SoFi Plus: SoFi's membership product SoFi Plus now offers customers an estimated $1,000 in annual value thanks to some key benefits. First, SoFi Plus members can earn an unlimited 1% invest rewards match, meaning that customers with recurring SoFi Invest deposits will earn 1% of those deposits matched in the form of SoFi rewards points....
$100 bill covered with wooden houses

Lessons From a First-Time Home Buyer: Average Annual Homeowner Expenses vs. Mine

In one of my daily searches for financial news recently, I came across a report from the site Real Estate Witch (which is owned by Clever Real Estate) detailing how much the average American homeowner spends on their house — not even including their mortgage. What it found was, heading into 2025, the average per year is a whopping $24,529. That figure is up significantly from the $17,958 annual average...
Fruituful app and charge card

Fruitful Introduces High-Yield Savings and Cash Back Charge Card

The financial advisory platform Fruitful has announced two new features for its members. About Fruitful's HSY and charge card: Members of Fruitful will now have access to two new products: Fruitful Cash Accounts and Fruitful Card. With Fruitful Cash, customers can earn 5% APY. Moreover, the account combines a high-yield savings account with checking account features. In fact, the Fruitful Cash account works in tandem with the new Fruitful Card....
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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,...