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.

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Roboadvisors: What Are They and Are They Right For Your Investments?

If you’ve researched investing in the past few years or so, one option you’ve probably seen increasingly come up is roboadvisors. With a futuristic sounding name that instantly instills images of autonomous mechanical arms making trades, roboadvisors have proven exciting to some while giving other potential investors pause. After all, who wants to trust their financial well being to a robot? Well, as it turns out, there’s more to roboadvisors...
Chipotle dips and chips

Chipotle Launches "Buy the Dip" Game, Adds Crypto Payments

So far, 2022 has proven to be a tumultuous year for cryptocurrencies. Not only have individual investors felt some pain as prices for numerous assets have taken some tumbles but some crypto-centric firms have even had to lay off staff or file for bankruptcy. But, despite so-called "crypto winter" in effect, one popular restaurant is taking the opporunity to further embrace cyrpto — while also poking a bit of fun...
Tomo founder Kristy Kim

TomoCredit Closes $122 Million Funding Round

With credit card interest rates on the rise, a company that offers an alternative credit product has announced a new injection of capital to continue its mission. Today, TomoCredit revealed that it had raised $122 million in its latest funding round. That total includes $22 million in Series B equity and $100 million in debt financing. The equity portion of the round was led by Morgan Stanley's Nex Level Fund...
Cashback Monitor illustration

Money at 30: Cashback Monitor Review

As most people these days are surely aware, shopping online comes with many conveniences and advantages. Among them is the fact that there are a variety of rewards and cashback platforms that consumers can use to score themselves a better deal. The only downside to this is that, with more portals popping up all the time (and their offers updating daily if not even more often), it can be difficult...
X1 credit card

X1 Credit Card Prepares for Public Launch, Raises $25 Million

Nearly two years ago, a new "smart credit card" called X1 was teased to consumers. Now, the card's wide launch to the general public is nearly upon us. Ahead of that, the company behind the product has also announced an impressive investment round. This week, X1 Card revealed that it had raised $25 million. The Series B was led by FPV Ventures, while other participants included Craft Ventures, Spark Capital,...
Stori co-founders

Stori Reaches Unicorn Status with $50 Million Equity Round

A company looking to bring credit availability to consumers in Latin America is now Mexico's newest "unicorn." Stori has announced that it's raised $150 in funding. This includes a $50 million Series C-2 led by BAI Capital, GIC, and GGV Capital with participation from Lightspeed Venture Partners, General Catalyst, Vision Plus Capital, Goodwater Capital, Tresalia Capital, and Davidson Kempner Capital Management LP. The other $100 million is a debt facility arranged...
Celsius logo

Crypto Lender Celsius Files for Chapter 11 Bankruptcy Protection

Following a turbulent month, the crypto lender Celsius has announced that it's filed for Chapter 11 bankruptcy protection. According to CNBC, the company has more than 100,000 creditors, including individual customers. The filing also notes that the company has $167 million in cash on hand as it continues to operate. In a statement, Celsius co-founder and CEO Alex Mashinsky said of the filing, “This is the right decision for our...
Asset Class logo

FinTech Firm Asset Class Raises $11.6 Million Funding Round

A financial technology company that aims to help "democratize private capital investing" has just gained an investment of its own. This week, Asset Class announced that it had raised $11.6 million in funding. The Series A was led by Canapi Ventures, which is a FinTech-focused VC. New and returning investors including Live Oak Ventures, Plexus Capital, and Total Technology Ventures also participated. This round follows a $3 million seed round...
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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,...