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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Robinhood Receives Wells Notice From SEC Regarding Crypto

The FinTech brokerage firm Robinhood has announced that it's received a Wells Notice from the Securities and Exchange Commission regarding its cryptocurrency features. About the notice and Robinhood's response: In a filing, Robinhood revealed that the SEC has notified the company that it will recommend that the agency file an enforcement action, alleging securities violations. Furthermore, they note that these potential actions could involve a civil injunctive action, public administrative...
April 2024 US Jobs Report graph

U.S. Economy Adds Lower-Than-Expected 175,000 Jobs in April

April 2024's jobs report has arrived — and so have several competing narratives about what it means. About the report: Today, the Bureau of Labor Statistics released its Employment Situation Summary for April. In total, it showed that the United States economy gained 175,000 jobs during the month. That's well below the 240,000 jobs that economists had forecasted (per Marketwatch) and, similarly, is lower than the 12-month average of 242,000 per...
a hanging home ornament on a staircase

Lessons From a First-Time Home Buyer: The Best Parts of Homeownership So Far

Being a homeowner certainly has some pros and cons. In fact, a couple of weeks ago, I explored some of the downsides I've discovered since becoming a homeowner. With that, it's only fair that I also highlight some of the best aspects as well. Top 5 Things I'm Loving as a New Homeowner Being able to decorate Having lived in apartments for the past 20 years or so of my...
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How to Transfer a Retirement Account to Robinhood Retirement

Earlier this month, as I prepared for my tax-time IRA contributions, I learned two things about my IRA situation. First, I discovered that one Traditional IRA I had changed my investments due to the discontinuation of one of its fund options. Second, I found out that Robinhood Retirement was offering a bonus for Robinhood Gold customers who transferred their IRAs to the platform. Needless to say, this provided to perfect...
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Branded Customer Wallets FinTech Ansa Raises $14 Million

A FinTech that helps businesses create stored value payment programs has raised a fresh round of funding. About the round: Ansa has announced a new $14 million round. The Series A was led by Renegade Partners while Bain Capital Ventures, B37 Ventures, Box Group, and Wischoff Ventures also participated. This latest round comes almost exactly one year after a seed round, bringing the company's total funds raised to $19.4 million....
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FinTech Real Estate Platform Backflip Raises $15 Million

A real estate FinTech has revealed its latest funding round. About the round: This week, Backflip announced that it raised $15 million. The Series A was led by FirstMark Capital, while previous investors Vertical Venture Partners, LiveOak Venture Partners, Revel Partners, ECMC, Crow Holdings, and various angel investors also participated. To date, Backflip has raised $95 million in combined equity and debt, including an $8 million seed round in 2022....
Cred.ai Unicorn Card

Cred.ai Review: A Credit-Building Debit Hybrid (with a Unicorn)

Years ago, while watching YouTube's Philip DeFranco Show, I was introduced to the Cred.ai Unicorn card and was instantly intrigued. Later that same day, I decided to apply for a card of my own. Since then, while I've written about the Unicorn card in various articles, I've never actually done a proper review of it. That changes today. So, what exactly is the Cred.ai Unicorn card and what does it...
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Aura Survey Highlights Online Security Habits of Americans

A new survey shares some insights into how Americans manage their online passwords — and what types of personal information/data they most worry about leaking. About the survey: Online security platform Aura has released the results of a new study. The survey itself was conducted by The Harris Poll, with participation from 2,099 adults in the United States. Starting with password practices, 95% of those surveyed said they have a...
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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...
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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...
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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...
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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,...