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.

Step Black Card

Youth-Centric Neobank Step Launches Step Black Card

Step, a neobank that looks to appeal to younger adults, has announced the debut of a new card option. About Step Black: This week, Step officially launched the Step Black card. Previously, the card gained a waitlist of more than 100,000 people. Now, customers can sign up for the secured card that can help young adults (including those under 18) to build and establish credit. The Step Black card could...
Self. and Regions logos

Regions Bank Announces Partnership with Self Financial

Regions Bank is promoting a new way for its customers to build and establish credit thanks to a collaboration with Self. About the partnership: This week, Regions Bank announced a new partnership with Self (formerly known as Self Lender). While the FinTech may be best known for its credit builder loan product, this partnership with Self instead focuses on the company's rent and bill reporting service. Through this partnership, Regions...
eTip laptop and app screenshots

eTip Introduces Instant Restaurant Tip Payouts to Platform

A FinTech service that specializes in cashless tipping is now looking to help waitstaff retrieve their gratuity more quickly. About the new tool: This week, eTip announced that it was introducing a new restaurant tip payout platform. With this option, locations will be able to offer instant payouts to their workers, with funds going directly into their bank accounts. As eTip notes, 71% of American diners use a credit card...
October 2023 US Jobs Report graph

U.S. Economy Adds 150k Jobs in October, Unemployment Ticks Up

This morning, the United States Bureau of Labor Statistics released its initial jobs report for October 2023. About the report: Headlining today's report, the U.S. economy added an estimated 150,000 jobs last month. That's below the 170,000 jobs that economists surveyed by Wall Street Journal forecasted. But, it's expected that the figures would have been closer to 180,000 jobs if not for the auto workers strike in October. Despite that added...
holding a cell phone using the Mint app

Intuit Closing Down Mint, Shifting Users to Credit Karma

Intuit has announced plans to close down its popular budgeting app Mint. What's happening: In a blog post, Intuit revealed that it would be closing down the Mint platform on January 1st, 2024. With the app's demise, the company is inviting Mint users to join Credit Karma. Intuit states that it intends to "build on the Mint legacy at Credit Karma and provide even greater value to Minters" and, in...
Charlie banking logo and app

Older Adult Banking Service Charlie Raises $23 Million

A neobank built to serve older adults has raised a new round of funding. About the round: This week, Charlie announced that it had raised $23 million. Specifically, the round included $16 million in equity as well as $7 million in debt. The Series A was led by TTV Capital and included participation from FPV and Better Tomorrow Ventures. Previously, the company raised a $7.5 million seed round in May...
Robinhood brokerage transfer diagram

Robinhood Offering 1% Brokerage Transfer Bonus

Robinhood has announced a new offer that rewards customers who transfer their other brokerage accounts over to the app. About the bonus: Through December 8th, Robinhood customers can earn a 1% bonus on the net value of eligible assets transferred to a taxable (non-retirement) Robinhood account from another brokerage. According to the wording of the terms, it seems that this offer is valid for both existing and new Robinhood customers...
Greenlight CUSO logo and app

Greenlight Forms Credit Union Service Organization

A popular FinTech with a focus on family finance has announced the formation of a new organization and a new strategic investment. About Greenlight's Credit Union Service Organization: Greenlight has formed a Credit Union Service Organization, aptly called the Greenlight Financial CUSO. As part of this program, credit unions can offer the Greenlight platform to its members for free. With Greenlight, parents can give their children a special debit card, allowing...
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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,...