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.

Apple Card and Apple Savings app

Goldman Sachs Reportedly Looking to Sell Apple Card to Amex

It looks as though Goldman Sachs may be looking to pass on the Apple Card to another issuer — specifically American Express. What's happening: According to the Wall Street Journal, Goldman Sachs is currently in talks with American Express to sell its Apple financial services portfolio. This would include the Apple Card as well as the recently-launched Apple Card Savings and Apple Pay Later "buy now, pay later" products. Launched...
illustration of rising rates

WalletHub Economic Index Shows Increasing Consumer Sentiment

The latest WalletHub Economic Index report has found a significant increase in consumer sentiment. About the report: Personal finance site WalletHub has released its June 2023 WalletHub Economic Index report. This national monthly survey asks consumers about their personal financial conditions and other money factors. These 10 components are then compiled to arrive at an overall economic index. Headlining this month's report is an 18.4% increase in consumer sentiment between...
Looking at an investment app

How I've Been Working to Increase My Investment

A few years ago, I made it a goal to learn more about investing and really make an effort to invest more of my money. Well, while I've had some great successes since — including my wife and I both maxing out our IRAs on an annual basis — I'll admit that I haven't been steadily contributing to my Vanguard account as I originally envisioned. So, recently, I've been revisiting the idea...
Best Buy Membership screenshot

Best Buy Launches Amazon Prime-esque Membership Plans

Ahead of its annual Fourth of July sale, Best Buy has launched its new My Best Buy memberships. About the plans: This week, retailer Best Buy announced the debut of a tiered membership rewards program. First, the free tier of My Best Buy will remain. Those who sign-up (as well as existing members) will enjoy free shipping with no minimum purchase. Next, the retail chain is introducing My Best Buy...
Volt logo

U.K.-Based FinTech Volt Raises $60 Million for U.S. Expansion

A real-time payments startup from the United Kingdom has raised a new round of funds ahead of a planned expansion to the United States. About the round: Earlier this week, Volt announced that it had raised $60 million. The Series B was led by Silicon Valley-based IVP, while newcomer CommerzVentures as well as existing investors EQT Ventures, Augmentum Fintech PLC, and Fuel Ventures also participated. To date, the company has...
Robinhood and X1 logos

Robinhood to Acquire "Smart Credit Card" Company X1

Two major FinTechs are coming together as the stock trading app Robinhood has announced plans to purchase credit card startup X1. About the deal: In a press release, Robinhood revealed that it intends to acquire X1 for an estimated total of $95 million. The transaction will be all cash and is expected to close in the third quarter of this year. As part of the deal, X1 team members will...
Clear and Alaska Airlines logos above a plane

CLEAR Announces New Partnership with Alaska Airlines

Alaska Airlines frequent flyers can now enjoy a new discount on a membership to CLEAR, allowing them to save time at airport security. About the partnership: Today, CLEAR announced that it had sealed a partnership with Alaska Airlines, resulting in a new offer for flyers. Now, Alaska Mileage Plan members can sign up for CLEAR Plus at a rate of $179 per year. This marks a $10 discount from the...
Yendo logo and credit card

Yendo Raises $24 Million for Vehicle-Secured Credit Card

A startup offering a credit card secured by customers' auto title has just closed a significant venture round. About the funding round: This week, Yendo announced that it had raised $24 million. The Series A was led by FPV Ventures, while existing investors Human Capital and Autotech Ventures also participated. As part of the deal, FPV Ventures co-founder and managing partner Wesley Chan will join Yendo's board of directors. Previously,...
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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,...