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.

FinTech

FinTech Observers Offer Predictions for 2023

While we wait for the final results of what 2022 brought to the world of FinTech, some experts are offering their predictions for what to expect in 2023. Recently, Axios asked a number of observers for their thoughts on the year ahead. First, Kapor Capital managing partner Brian Dixon had a prediction about the future of the "buy now, pay later" (BNPL) concept, which remained popular in 2022. Dixon suggests...
Save ESG users

Save Announces ESG-Focused Portfolio

With many consumers growing more environmentally conscious, a number of companies have made efforts to change the way they do business in a bid to become more eco-friendly. Furthermore, in the world of FinTech, several startups have also supported environmental efforts by promoting certain habitual changes and helping consumers divest from companies that don't support their values. Now, another company is joining this trend with its latest offering. This week,...
chart of holiday debt

2022 Holiday Debt Reaches Record High in LendingTree Survey

With the holiday shopping season now in the rearview and the New Year just ahead, an annual survey from LendingTree is assessing the damage done to consumers' debt load over the course of the season. First, although the survey found that slightly fewer Americans took on holiday debt this year compared to last (35% of respondents versus 36% in 2021), the average debt taken on rose. In fact, the $1,549...
BitNile logo

BitNile to Launch Marketplace Site in March 2023

A busy and diversified company known as a crypto mining firm (among many other things) has announced a date for its next expansion. This week, BitNile announced an official launch date for BitNile.com. According to a press release, the site will go live on March 1st, 2023. When it does, it promises to be the "premiere destination for exclusive goods and VIP experiences" — all of which accept Bitcoin. Ahead...
Money View logo

FinTech Money View Nears Unicorn Status with $75 Million Round

An India-based FinTech is closing out the year by announcing its second significant funding round of 2022. As TechCrunch reports, Money View has raised a $75 million round. The Series E was led by Apis Partners with existing investors Tiger Global, Winter Capital, and Evolence also participating. However, Money View notes that the round is not yet closed and it expects to add to this latest total. This follows a...
America's Financial Setback: will 2023 be better?

Majority of Americans Found 2022 to Be Economically Difficult 

With 2022 coming to a close, many are now looking ahead to the new year. Unfortunately, it seems that some consumers have had a rough financial year that's left them pessimistic about what's ahead. According to Slickdeals' survey of more than 2,000 Americans, 58% of respondents described 2022 as being "economically difficult." This was a major change from 2021 when only 15% of those surveyed said the same. In fact,...
Apex Fintech Solutions and Unifimoney logos

Apex, Unifimoney Partner for Community Bank Investment Services

Two FinTech firms are joining forces in a bid to bring more financial services to smaller traditional banks and institutions. Recently, Apex FinTech Solutions and Unifimoney announced a partnership that will bring new services to customers of community banks and credit unions. Together, the companies will allow those institutions to offer investment services to account holders. These offerings could include Robo Advisory as well as stock and ETF trading. Apex...
financial graphs with a man writing in a ledger

Survey Finds Majority of Millennials Willing to Change Banks

As the year comes to a close and Americans set resolutions, it looks as though a number of consumers will be seeking a new banking account in 2023. A recent survey conducted by the FinTech M1 found that 71% of Millennials surveyed would consider changing their primary bank in order to receive a higher annual percentage yield (APY) on their funds. That figure rose to 79% among those intending to...
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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,...