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.

Jayson Tatum holding the SoFi app

SoFi Named Official Banking Partner of the NBA

The FinTech-turned-bank SoFi has announced a new partnership with the National Basketball Association. About the partnership: SoFi is now the official banking partner of the NBA as well as the G League, NBA 2K League, and USA Basketball. Moreover, the company will be the title sponsor for what will now be the SoFi NBA Play-In Tournament (taking place April 16th to 19th). This includes a co-branded tournament logo featuring SoFi....
Noah Kagen next to Million Dollar Weekend book cover

Book Review: 'Million Dollar Weekend' by Noah Kagan

I don't know about you, but my X timeline has been dominated by a recently released book for the past two weeks. That book is Million Dollar Weekend: The Surprisingly Simple Way to Launch a 7-Figure Business in 48 Hours by Noah Kagan (with Tahl Raz, which likely means he did most of the heavy lifting). Seeing how ubiquitous this book's green cover proved to be as I scrolled social...
heart shaped box of chocolates

Americans Expected to Spend $25.8 Billion This Valentine's Day

According to an annual report released by the National Retail Federation (NRF), American consumers are set to spend an estimated $14.2 billion on their partners this Valentine's Day. About the survey results: Ahead of the 14th, the NRF has released the 2024 version of its annual survey looking at Valentine's Day spending. This year, consumers are expected to spend a total of $25.8 billion in purchases related to the holiday....
Score by Neon Money Club

Neon Money Club Launches Dating App for Those with Good Credit

The FinTech Neon Money Club has announced a unique offering: a dating app that puts an emphasis on credit scores. About SCORE: Just in time for Valentine's Day, Neon Money Club has announced the launch of SCORE — a dating app for those with good credit. According to the platform's FAQ page, "good credit" is considered to be 675 or higher. While credit scores will be used to qualify users...
Closinglock logo

Fraud Prevention FinTech Closinglock Raises $12 Million

A FinTech that looks to reduce fraud in real estate transactions has raised a new funding round. About the round: This week, Closinglock announced that it had raised $12 million round of funding. The Series A was led by Headline with participation from LiveOak Ventures, RWT Horizons, and GTMfund. With a seed round in 2022, the company has now raised a total of $16 million. According to Closinglock, the new...
woman starring at a model home

Lessons From a First-Time Home Buyer: Prioritizing New Projects

So far in this series, I've gone through some of the expenses that come with buying and owning a home. However, in addition to some required costs, homeowners may also face self-imposed spending in the form of projects. Obviously, these can range in size and price based on the condition of your home when you bought the place. In our case, when we decided to buy, we knew there'd be...
Mana debit card and app

Mana App Review: The Neobanking App for Gamers

One of the most intriguing trends I've seen emerge since I've been following FinTech is the advent of niche neobanks. These days, you can find apps geared towards certain communities, interests, and more. Among the latest examples I've seen of this is an app called Mana, which bills itself as the best debit card for gamers. Now, I may not be a big gamer, but I do know a thing...
Lemonade pet insurance illustration

Lemonade Pet Insurance Review (2024): Policy Options & What's Covered

Pets have always been an important part of many American families. Yet, I don’t think I’d ever really considered the idea of purchasing insurance for a dog or cat until I learned that Lemonade was adding such an option. Cut to a mere month after when my wife and I added a dog (we named her Rigby) to our family, giving me a chance to take a closer look at...
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A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 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. Lately it seems as though that theme has been 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...
Brim logo

Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...