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.

broken piggy bank and hammer

Survey Finds Average Unexpected Expense Exceeds $1,400

Each year, the Federal Reserve releases a report titled Economic Well-Being of U.S. Households. One of the data points the Fed looks at as part of this study is the percentage of Americans who could afford to cover a $400 unexpected expense. However, while the 68% of adults that reported being able to cover such an expense marked a record high, a new survey from Lending Club and PYMNTS shows...
gas pump

Nationwide Average Gas Price Falls for 10th Consecutive Week

After hitting record highs earlier this summer, Americans have been getting a bit of relief at the pump as the average price per gallon of gas has continued to recede. Last week, the national average gas price came in at $3.86 per gallon — down 5.1¢ from the week prior. This marked the 10th straight week of falling prices. According to data from AAA, that ranks as the second-longest streak...
B Generous logo

"Donate Now, Pay Later" Platform B Generous Officially Launches

Over the past couple of years, the "buy now, pay later" (BNPL) craze has exploded. Companies such as Klarna, Afterpay, and others have popularized the practice of financing purchases over the course of four payments (and without interest) — with Apple soon set to join the fray as well. In turn, a new FinTech is looking to take the concept in a different direction by introducing "Donate Now, Pay Later"...
Walmart+ app

Walmart+ Adds New Cashback Feature Powered by Ibotta

Over the past few months, retail giant Walmart has actively been promoting its Walmart+ membership. In that time, they've also unveiled new features and offers for the service in order to entice subscribers. The latest feature to join the service is a new cashback rewards platform called Walmart Reward, which will be exclusive to Walmart+ members. When Walmart+ members shop online or in the app, they may encounter products offering...
FinTech bank illustration

Money at 30: Are FinTech Accounts Worth it When APYs are High?

After more than two years of near-nothing interest rates, high-yield savings accounts are back. Over the past several weeks, APYs across several accounts have skyrocketed and, in many cases, are now pushing toward 2% APY (as of this writing, that is). And, with the Federal Reserve widely expected to keep raising interest rates, these could go even higher shortly. So, the question for me has become: If more traditional savings...

Bumped Review — Yes You Really Can Earn Stocks When You Shop Online

With a stellar line-up of brands on board and an easy-to-use platform, Bumped has quickly become one of my favorite financial apps to use. With Bumped still in its public beta phase, I'm very much looking forward to seeing what happens with the app from here. If all goes according to plan, I believe the app could very well change the way we think about brand loyalty schemes, while also...
Highline logo

Payments Platform Highline Closes $13 Million Funding Round

A payment platform that could benefit both consumers and lenders has closed a significant early-stage funding round. This week, Highline Technologies announced that it had raised $13 million. The Series A was led by Jump Capital, Costanoa Ventures, and Foundation Capital with participation from other investors. It also follows a $4.5 million seed round that Highline raised in February. With the added funds, the company plans to continuing fueling its growth, including hiring more...

Bank of America and Grubhub Partner for New Cardholder Benefit

Hungry Bank of America customers looking for a discount on their food delivery may be in luck. Now, select BofA cardholders will be able to claim one year of Grubhub's Grubhub+ service for free. With Grubhub+, they'll receive free delivery on orders over $12, donation matching when they round up their change for charity, and more. The one-year extended free trial is available to eligible BofA credit, debit, and small...
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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,...