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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Money at 30: Valuing Your Time (And How You're Wasting Yours)

Time is money. It's cliche, but it's true. Yet, even when we're all aware of this relationship, there are assuredly times when we devalue our time by trying to save a few dollars. While I'm far from the first to bring this up, if you put the time you spend on certain tasks into the terms of an hourly wage, you might be shocked by just how little you're "paying...
holding the Aspiration Zero credit card

Aspiration Discontinuing Zero Credit Card, Continues Pivot

The climate-conscious FinTech Aspiration is making some changes. This week, the company announced that it was discontinuing its Aspiration Zero credit card. According to an FAQ page pertaining to the card, the neobank notes that all Aspiration Zero accounts will be closed as of May 3rd, 2023. As of that date, customers will no longer be able to make purchases using their cards. However, cardholders will continue to be able to...
March 2023 US jobs report graph

United States Economy Added 236,000 Jobs in March 2023

Another monthly jobs report shows that, while the United States economy is beginning to cool, unemployment continues to reach near-record lows. According to the latest Bureau of Labor Statistics report, the U.S. added 236,000 jobs in March 2023, with unemployment ticking down to 3.5% from 3.6%. This is only slightly off the 238,000 jobs that economists forecasted. Additionally, February's figure was revised upward by 15,000 to reach a new total...
illustration of financial literacy across the US

WalletHub Report Ranks Most and Least Financially Literate States

Which state has the most financially literate citizens? A new report from the personal finance site WalletHub attempts to answer that question by ranking all 50 states (plus the District of Columbia) based on a number of data points and criteria. In order to compile its list, WalletHub scored states in three different categories. First, it used data from its WalletLiteracy survey, which has garnered more than 39,000 responses to...
Zurp logo

Zurp Launches Card and Banking Account Aimed at Gen Z

A new FinTech called Zurp is ready to make its debut. Today, the startup launched its debit card/secured credit card product in tandem with a savings account. These offerings are powered by First Pryority Bank and are designed to appeal to Gen Z given the account focus on rewards and experiences. With the Zurp Card, customers can earn 8 points per dollar spent on dining, groceries, travel & entertainment, and...
SoFi mortgage illustration

SoFi Announces Acquisition of Wyndham Capital Mortgage

The FinTech-turned-bank SoFi is making another major purchase. Today, the company announced that it was acquiring Wyndham Capital Mortgage. While SoFi notes that it was an all-cash transaction, the terms of the deal were not disclosed. Founded in 2021, the Carolina-based Wyndham Capital Mortgage has helped more than 100,000 borrowers. Furthermore, the company has a 98% satisfaction rating and maintains an A+ from the Better Business Bureau. According to a...

Top 10 Personal Finance Articles of the Month — March 2023

Welcome to Fioney's look at the top 10 personal finance articles of the month. On the first Friday of each new month, we look back at some of our favorite posts published in the weeks prior and highlight them right here. This includes a mix of sites that have become staples of our lists as well as many first-timers. First up, we'll cover a pair of articles related to the...
Greenlight for Banks logo and app

Family Banking Service Greenlight Introduces Greenlight for Banks 

In recent years, a number of FinTechs have set their sights on financial education, creating banking experiences suited for children, teens, and young adults. Among these brands is Greenlight, which offers tools and perks for children and parents. Now, the startup has announced the launch of Greenlight for Banks. With the new program, banks and credit unions can add Greenlight’s family finance app to their services, incorporating the platform into...
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A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 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. Lately it seems as though that theme has been 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...
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Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...