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.

looking at subscription options

Money at 30: Putting My Subscriptions on the Chopping Block

Like many Americans these days, I have several different subscriptions. These include streaming services, business tools, and other various memberships. Until now, I've thought I'd done a decent job of keeping track of these subscriptions by maintaining a master list of them and felt fairly comfortable with what I'd let hang around. Despite this, something set me off this week, leading me to take a closer look at how much...
Bakkt logo

Bakkt to Sunset Consumer-Facing Crypto App, Focus on B2B2C

The FinTech startup Bakkt known for its crypto trading platform and other features has announced that it will be turning its focus to its business-to-business-to-consumer (B2B2C) operations. In turn, the company will be sunsetting its consumer-facing app on March 16th but will allow customers to access their cash and crypto via a web interface. On that date, Bakkt Visa debit cards will also be deactivated. Because of this, customers are...
Empower app

Personal Capital Rebranding to Empower Later This Week

The popular finance tracking platform Personal Capital is prepping for change this week. In an email to customers, the service revealed that it will be changing its name to Empower — matching the name of its parent company. In turn, the platform's savings account Personal Capital Cash will now be known as Empower Personal Cash. Despite these changes, the platform states that it will continue to be free and the features...
Fierce banking app

Fierce Emerges from Stealth Mode, Raises $10 Million

A FinTech startup that looks to help consumers manage their money from one place is making a splash as it emerges from stealth mode. This week, Fierce debuted its iOS app — with an Android app to follow later this year. On top of that, the company revealed that it had raised $10 million ahead of this launch. The seed round include participation from Pendrell, AP Capital, Wheelhouse Digital Studios,...
Robinhood retirement account app screenshots

Money at 30: Robinhood Retirement Review

During a recent earnings conference call, Robinhood's CEO Vlad Tenev revealed that the investment app would soon be introducing a retirement account platform for users. Soon after that, the platform announced more details about the offering while opening a waitlist. Now, a mere few weeks later, Robinhood Retirement is here. So what does this new IRA option have to offer? Let's look at the details of Robinhood Retirement and my...
Jill Schlesigner holding The Great Money Reset with three fans

Money at 30: "The Great Money Reset" Audiobook Review

During the past three years, you didn't have to look far to see headlines about Americans leaving their jobs en masse or otherwise making major life changes after growing introspective during the pandemic. Zooming out, this period in history has also been dubbed "The Great Reset" as the world and its economies look to recover after being upended. Playing off of that, a new book from CBS analyst Jill Schlesinger...
Map of Car IQ stations across the US

Car IQ Raises $15 Million to Expand Vehicle Payment Platform

A FinTech that helps turn fleet vehicles into payment tools has just raised a new round of funds. This week, Car IQ announced that it had raised $15 million. The addition to their Series B (which was initially announced in 2021 and amounted to $15 million at the time) was led by Forte Ventures while existing investors including State Farm Ventures, TELUS Ventures, and Avanta Ventures returned to participate. New strategic...
January US Jobs report

United States Unemployment Rate Falls to 3.4%

Despite fears of a recession and high-profile layoffs in the tech sector, the United States continues to add thousands of jobs. According to the latest U.S. Bureau of Labor Statistics report, the economy added 517,000 in January. That marks the best result since July of last year when 586,000 jobs were added to payrolls. Moreover, the result is nearly double the 260,000 jobs (adjusted up from the previously-reported 223,000) gained...
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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...
Brim logo

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...