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.

a dad talking to his teenager in a car with the Charles Schwab app screenshots
Personal Finance

Charles Schwab Launches Teen Investor Account Option

by Kyle Burbank
Brokerage firm Charles Schwab is introducing a new account aimed at the next generation of investors. About the Schwab Teen Investor Account: Recently, Charles Schwab announced the debut of a Teen Investor account. This new option is a joint account between a parent/legal guardian and teens aged 13 to 17. With a Teen Investor account, users will not only have access to a variety of investment products but will also...
United airplane in the sky with clouds in the background
Personal Finance

United Airlines Announces Increase to Checked Baggage Fees

by Kyle Burbank
Ahead of the summer travel season, United has revealed changes to its checked luggage pricing. About United's Checked Baggage Price Hike: Effective for tickets purchased on or after today, checking bags on United will cost more. Now, the first checked bag on domestic routes will cost $50, while a second will cost $60. This marks a $10 increase for each bag. However, flyers can still save $5 off the standard...
pile of branches and dead foliage
Personal Finance

Lessons From a First-Time Home Buyer: DIY Until You Can't

by Kyle Burbank
When it comes to tackling household projects, I think it's safe to assume that most homeowners see two potential paths: hiring someone to do it for them or doing it themselves. Yet, I'm here to argue that there's a third, hybrid option. In fact, it's the approach my wife and I just took. I like to call it "DIY Until You Can't." Our DIY Until You Can't Story As I've...
entrance to a Sam's Club
Personal Finance

Sam's Club Announces Price Hikes on All Annual Memberships

by Kyle Burbank
A popular warehouse club is raising its annual fee once again. About Sam's Club's Membership Price Increase: This week, Sam's Club notified members that it will soon be increasing the price of its annual membership. Effective starting May 1st, the price for the base Club membership will increase $10 to $60 per year. Similarly, the cost for a Plus membership will rise from the current $110 per year to $120...
map of US states tax burden
Personal Finance

WalletHub Study Ranks U.S. States by Average Citizen Tax Burden

by Kyle Burbank
Just in time for the 2026 tax filing due date, a new study highlights the total tax burden that residents of different states face. About the Tax Burden by State Results: The personal finance site WalletHub has released its list of states with the highest and lowest tax burdens. To arrive at these figures, the site considered three types of tax: property tax, individual income tax, and total sales/excise tax....
calculating FICO score
Personal Finance

Average FICO Credit Score Decreases for Third Straight Year

by Kyle Burbank
The latest FICO Score Credit Insights report finds that the average credit score ticked down once again. About the Latest Average Credit Score Report: According to the latest FICO data, the average American credit score is now 714. That's down one point from last year and continues a slide that started in 2023 when the average score peaked at 718. This also marks the lowest average score since 2021. Meanwhile, the...
Venmo and PayPal app screenshots of sending money
Personal Finance

Venmo Expands to Allow Sending Payments to PayPal Users

by Kyle Burbank
Venmo's payment network is growing by more than 200 million, thanks to a new update. About Venmo's PayPal Payment Feature This week, Venmo announced that it was expanding its peer-to-peer payment platform. Now, Venmo users are able to send funds to PayPal accounts. This includes users in 90 markets where PayPal operates. To send payments to PayPal users, Venmo customers can enter a phone number associated with the receiving account....
Greenlight GPS tracker and app
Personal Finance

FinTech Greenlight Launches First Physical Product: GPS Tracker

by Kyle Burbank
The family banking app Greenlight is expanding, debuting its first-ever physical product. About Greenlight Safe Family: Recently, Greenlight announced the launch of Greenlight Safe Family. This new line of GPS-enabled, screen-free devices helps families protect their loved ones. Currently, the company offers models for children, seniors, and dogs. In addition to GPS tracking capabilities, Greenlight Safe Family devices include an SOS button that alerts an emergency contact, customizable place alerts,...
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Checking Account Review

2025 SoFi Checking and Savings Review

by Kyle Burbank
 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.
Financial

A Look at How Rakuten (Ebates) Works in 2026

by Kyle Burbank
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
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
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
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
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
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
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...