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.

Fold logo and app

Bitcoin Rewards App Fold Announces Plan to Go Public Via SPAC

A Bitcoin-centric FinTech has announced plans to hit the NASDAQ market. About the public offering: Fold is ready to go public. The company revealed that it's entered into a definitive agreement with the special purpose acquisition company (SPAC) FTAC Emerald Acquisition Corp. As a result of the proposed transaction, Fold will be listed on NASDAQ. The new ticket symbol will be announced at a later date. According to a press...
illustration of health insurance plans

Moving from a Health Marketplace Plan to an Employer Plan

In the United States, health insurance coverage has largely been tied to employment. That's why the Affordable Care Act (colloquially known as Obamacare) not only increased eligibility for employer-sponsored health insurance plans but also introduced insurance marketplaces where those who didn't qualify for employer plans could find coverage and potentially claim a subsidy. However, because of this, those who have marketplace plans may need to cancel their current coverage once...
Carry team

Tax-Advantaged Account Platform Carry Raises $10 Million

An investment platform with an emphasis on tax-saving strategies has raised a new round of funding. About the round: Earlier this week, Carry revealed that it had raised $10 million. The Series A was led by Accomplice VC with "dozens" of angel investors participating as well. According to the company, the funds were raised at a pre-money valuation of $65 million. This round follows a $4.5 million seed round in...
Aven equity backed credit card

Aven Raises $142 Million for Home Equity-Backed Credit Card

A company that offers a home equity-backed credit card has secured a new "megaround" of funding. About the round: This week, Aven announced that it had raised $142 million. The Series D was led by Khosla Ventures and General Catalyst while returning investors, such as Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership, also participated. Notably, according to the company, it has now reached "unicorn" status, meaning that...
Beyond Getting By book cover

Beyond Getting By by Holly Trantham Book Review

Despite moving to a house right across the street from a library branch last year, it's been a while since I took the opportunity to browse the New Release shelves for recent personal finance titles. When I finally did, I came across the book Beyond Getting By: The Financial Diet's Guide to Abundant and Intentional Living by Holly Trantham. Actually, in addition to Trantham, Financial Diet founder Chelsea Fagan pens...
Stripe founders

Sequoia Reportedly Offers to Buy Stripe Shares from Investors

Major FinTech investor Sequoia Capital is reportedly offering to buy stakes of Stripe from previous investors. What's happening: According to a report from Axios, Sequoia has been emailing limited partners that invested in Stripe between 2009 and 2012. The venture capital firm is offering to purchase up to $861 million in shares of the FinTech giant. Notably, the share price offer of $27.51 per share values Stripe at $70 billion....
a retired couple looking at a financial report

Survey: 25% of Retirees Still Paying Off Credit Card Debt

A new survey from Nationwide finds that a significant number of retirees are facing financial complications. About the survey: Recently, Nationwide commissioned Harris Poll to survey adult investors — including a cohort of retirees — about their finances. Unfortunately, the results weren't particularly good news. First, 31% of retirees say that they anticipated being less secure in their retirement than previous generations of their family were. Sure enough, 22% of...
Repair Scrabble tiles with a model home and tools

Lessons From a First-Time Home Buyer: A Warning on "Interest-Free" Home Repair Financing

The unfortunate fact about being a homeowner is that, at some point, you're going to have to pay to repair/replace some expensive items in your house. And while you should try to be as prepared for that as possible, in reality, there are times when an unexpected repair may mean needing to request financing. That way, you can pay off the purchase over time rather than shelling it all out...
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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,...