81
1.4yr
Car Repossessions Surge 23% as Americans Fall Behind on Payments
https://www.bloomberg.com/news/articles/2024-07-16/car-repossessions-surge-23-as-americans-fall-behind-on-payments-lyoklofbPaywall removed https://archive.is/NFELy
48
1.4yr
Banks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year high
https://qz.com/banks-provision-credit-losses-delinquencies-defaults-185160163440
1.4yr
39% of Americans worry they can’t pay the bills
https://www.cnn.com/2024/07/23/business/inflation-cost-of-living-cnn-poll/index.htmlcross-posted from: https://lemmy.world/post/17889213 ... read full post
19
1.4yr
CFPB cracks down on popular paycheck advance programs. Here's what that means for workers
https://www.cnbc.com/2024/07/19/what-cfpbs-rule-on-paycheck-advance-programs-means-for-workers.html51
1.4yr
How do I make enough money to live?
Yes, I do have a full-time job, and I even enjoy it, but it doesn't pay enough to survive in this hellscape of a world we live in. I lack the college degree required to get almost any decent-paying job (plus my last job hunt took MONTHS to get a lead), I don't have the skills or originality to become an online content creator, nor the artistry or patience to create and sell trinkets on Etsy (plus, that would require an initial investment which I simply do not have). Should I set up a GoFundMe? OnlyFans? I wouldn't really be offering anything except a charity basket/collection plate so that feels dishonest at best. Idk, I'm quite literally having a breakdown because I'm probably going to lose my car soon, and then my job, and then my apartment, and then my life. Any help at all would be appreciated. Thank you ... read full post
45
1.4yr
Nearly half of Gen Zers get help from the bank of mom and dad, report finds
https://www.cnbc.com/2024/07/10/report-nearly-half-of-gen-zers-get-financial-help-from-their-parents.html16
1.4yr
More People Make 'No-Buy Year' Pledges as Overspending or Climate Worries Catch Up With Them
https://www.kqed.org/news/11987999/more-people-make-no-buy-year-pledges-as-overspending-or-climate-worries-catch-up-with-them168
1.4yr
JPMorgan Chase warns 86 million customers they might have to start paying for their bank accounts
https://finance.yahoo.com/news/jpmorgan-warns-86-million-customers-150827155.htmlThe potential charges, says Marianne Lake, CEO of consumer and community banking at JPMorgan, are a result of new regulatory rules that cap overdraft and late fees. Lake says Chase will be passing along those increased expenses to customers, which would put an end to now-free services such as checking accounts and wealth management tools. And she says she expects other banks will follow suit.
56
1.5yr
California to make financial literacy classes a requirement to graduate high school [USA]
https://abc7.com/post/california-makes-financial-literacy-classes-graduation-requirement/15006074/21
1.5yr
Best way to buy a house for another person? [USA]
I'm in an extremely fortunate position where my Mom, upon learning about current mortgage rates and why I haven't bought a house yet, wants to essentially be my bank to buy a house. As in, she wants to fund the house, put it in my name, and I pay her a reasonable down payment and pay a "mortgage" to her at 2-3%. So what would be the best way to do this?She buys the house then transfers the deed? Should she just transfer the cash and I purchase it? ... read full post
-5
1.5yr
USA: The financial meltdown is beginning.
https://www.nbcnews.com/business/consumer/collapse-fintech-firm-10-million-users-without-access-money-rcna153599They are keeping this quiet, but this affects 2.9% of US bank customers.
39
1.5yr
World Economic Forum: "You will own nothing and you will be happy"
-22
1.5yr
Inflation is higher than they would like you to believe.
The US government is telling everybody that inflation is 3.4% per year. That is not correct. Try 14.2% and that's about right. Source : gold/usd 1 year simple moving average.
36
1.6yr
Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help
https://www.cnbc.com/2024/05/21/lawmakers-debate-if-child-savings-accounts-may-reduce-wealth-inequality.html19
1.6yr
YNAB vs Quicken Simplifi
I wanted to start using a budgeting program to better organize my spending/ goals, and basically narrowed it down to 3 --YNAB, Actual and Quicken Simplifi. ... read full post
14
1.6yr
The best european online card that doesn't block your account
I'm looking for the top European bank that doesn't block your funds without reason. For instance, many individuals have reported online that Revolut has blocked their accounts suddenly and sometimes for various months.
10
1.6yr
Recommendation for software/ apps
Hello, ... read full post
287
1.6yr
Multi-level marketing model
101
1.6yr
Was the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.
https://www.nytimes.com/2024/05/08/magazine/401k-retirement-crisis.html?unlocked_article_code=1.qU0.7-nQ.LQM6kmGOFKg5&smid=url-share9
1.6yr
Selecting a CFP - not just the basics
How would you go about selecting a Certified Financial Planner? ... read full post
195
1.6yr
The IRS Created a Free Tax Filing System, and TurboTax is Reeling (USA)
https://www.youtube.com/watch?v=EEdpXN3AHOk26
1.6yr
Americans are falling behind on their payments
https://www.cnn.com/2024/04/25/investing/premarket-stocks-trading-consumer-spending/index.html11
1.6yr
Beating the market
cross-posted from: https://lemmygrad.ml/post/4352701
Beating the market
25
1.7yr
Home prices have outpaced inflation by 2.4 times
cross-posted from: https://lemmygrad.ml/post/4307103
Home prices have outpaced inflation by 2.4 times
55
1.7yr