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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Real Simple Announces 2024 Smart Money Award Winners

Today, the personal finance site Real Simple unveiled the winner of its sixth annual Smart Money Awards, which includes awards for banking, credit card, investment, and other financial products. For the first time this year, the site also partnered with Investopedia to assess numerous platforms and tools to arrive at their honorees. About the awards and winners: Starting with bank account awards, Ally was named the Best Online Bank while...
PayZen app and credit card

Healthcare Affordability Startup PayZen Raises $32 Million in Equity

A FinTech that helps patients find affordable healthcare solutions has raised new funds in two ways. About the round: This week, PayZen revealed its Series B funding round. The oversubscribed round included $32 million in equity as well as a new $200 million credit warehouse. NEA led the equity portion of the round along with participation from existing investors, such as 7wireVentures, SignalFire, Viola Ventures, and others. Meanwhile, Viola Credit...
young couple looking at a used car

3 Things to Watch Out for When Buying a Used Car in 2024

In recent years, the used car market has absolutely exploded. Between this and the growth of online car-buying options such as Carvana, the process of purchasing a pre-owned vehicle has evolved... for better or for worse. I should know as my wife and I went through it all just a couple of weeks ago. And while we were ultimately successful in finding a car and paying a price we were...
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Ally Introduces Free Program Rooted in Money Psychology

Ally Financial is launching a new financial wellness program called Money Roots. About Money Roots: Money Roots is a free financial program grounded in money psychology. The tool is meant to help consumers better understand their money mindset. From there, they can also learn how these mindsets impact their financial decisions including spending, saving, and investing. As Ally notes, this program stands in contrast to more "skills-based" financial education tools....
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Recreational Vehicle Financing FinTech Octane Raises $50 Million

A FinTech that helps consumers get financing for a variety of major recreational purchases has raised a fresh round of funds. About the round: This week, Octane announced that it raised $50 million in new equity capital. The Series E was led by Valar Ventures with participation from Upper90. Notably, both firms are existing investors. To date, the company has now raised a total of $242 million, including a $52...
Selling the Dream by Jane Marie book cover on top of a pile of dollar bills

Selling the Dream: The Billion-Dollar Industry Bankrupting Americans Book Review

At this point, I think most people are at least familiar with multi-level marketing companies (AKA MLMs). Even if they don't know the term itself, surely anyone who's ever been on Facebook is familiar with the feeling of being DM'd by an old friend or acquaintance trying to sell them something. What's more, despite big lawsuits and high-profile documentaries on certain MLMs, Americans continue to flock to these companies —...
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Savvy Wealth Raises $26.5 Million for Wealth Management AI Tools

The digital financial advisor platform Savvy Wealth has revealed an addition to its early-stage funding round. About the round: Savvy Wealth has announced the closure of its Series A, which totals $26.5 million. This includes the addition of $15.5 million from Canvas Ventures. New and existing investors including Thrive Capital, Brewer Lane Ventures, Index Ventures, The House Fund, and Alumni Ventures also participated. To date, the company has now raised...
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SoFi Offering Limited Time 401(k) Rollover Bonus

SoFi is encouraging employees to roll over their 401(k)s by offering a special matching offer. About the SoFi 401(k) rollover bonus: For a limited time, customers can earn a 1% match when rolling over a 401(k) to a SoFi IRA. This means that those who roll over $50,000 can earn a $500 bonus, rolling over a $100,000 account can earn $1,000, etc. The offer is valid both for those who...
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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...
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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...