IRS will launch free online tax-filing pilot in 13 states next year ( thehill.com )
Fossilfreefunds.org | A place to help discover funds that don't support the Fossil Fuel Industry, or to check how much your current funds are invested into fossil fuels. ( fossilfreefunds.org )
Climate Town recently did a fantastic video detailing how banks use our money just sitting around in our account to invest in fossil fuels. Wanting to avoid this, I figured it’d be better to direct my money in an investment that’s at least a little less planet destroying, which lead me down this ecological rabbit hole that I...
Your ‘Set It and Forget It’ 401(k) Made You Rich. No More. — WSJ ( apple.news )
For four decades, patient savers able to grit their teeth through bubbles, crashes and geopolitical upheaval won the money game. But the formula of building a nest egg by rebalancing a standard mix of stocks and bonds isn’t going to work nearly as well as it has.
(US) Introducing Comingle: An opt-in UBI (Universal Basic Income) to provide a stable weekly income based upon users contributing 7% of their income ( comingle.us )
Comingle is an interesting idea that would act as a pseudo emergency fund to provide a stable week to week income for their users. It could act to stabilize your income if you have an irregular income or as an backup plan or insurance for when you lose a job or income source. It works by distributing the average of all their...
I found my wealth-building people. We agree getting rich is a slow race. ( www.washingtonpost.com )
2022 Updated Federal Survey: Net Worth by Age (Median) ( sh.itjust.works )
cross-posted from: sh.itjust.works/post/7528778...
Is Medicare supplemental insurance worth it? Here's what some experts think. ( www.cbsnews.com )
Where are European mortgage holders most exposed to higher rates? | Financial Times ( www.ft.com )
Gen Z’s FOMO is driving them to trade more than any other generation ( archive.ph )
Homebuying activity is falling off a cliff (On a yearly basis, pending transactions were down by 18.7%) ( finance.yahoo.com )
Retirement plan derailed: Will you be among the 40% forced to stop working earlier than expected? ( www.marketwatch.com )
The average retirement age in the U.S. is 61, according to a 2022 Gallup survey. But the target age for retirement is 66.
Home prices may be on the verge of cooling off ( www.nbcnews.com )
Home prices weakened month to month, according to Black Knight. While still gaining, which they usually do at this time of year, the gains fell below their 25-year average. This after significantly outdoing their historical averages from February through June. It’s a signal that a slowdown in prices may be underway again....
What is the makeup of your retirement accounts? ( kbin.social )
What are you invested in? Target date funds, ETFs, individual stocks? Do you think of your portfolio as aggressive, neutral, or conservative?...
YNAB vs Buckets ( www.budgetwithbuckets.com )
I’ve been using You Need a Budget for family budgeting and I like it but it is expensive. I’ve played with Buckets a little bit and looks like a contender. Anyone move from YNAB to Buckets?
Most Americans don't understand average lifespan of retirees when planning for retirement ( finance.yahoo.com )
Student loan interest resumes Friday and payments restart in October. Here’s what borrowers should know ( www.cnn.com )
Interest will start accruing again on September 1, after rates were effectively set to 0% since March 2020 for federal student loans. Now, interest rates, which are fixed and vary by loan, will return to the same rate they were before the freeze....
Welcome to the ‘nepo’ housing market: 40% of homebuyers under 30 get family money to cover their down payment ( archive.ph )
Definitely a trend I see around me (Europe, 30 years old)....
Anyone think that a site like Wealthftont is a good place to stick an emergency fund? ( www.wealthfront.com )
A buddy of mine told me about Wealthfront recently and they’re 5% money market account rates....
Will drug price negotiations work? Here’s what you need to know. ( www.politico.com )
Many steps remain before older adults see the benefit of the Centers for Medicare and Medicaid Services’ upcoming talks with drugmakers.
Is Congress Going to Kill Credit Card Rewards? ( www.nerdwallet.com )
Legislation known as the Credit Card Competition Act, first introduced in Congress in 2022, is described by its sponsors as encouraging “competition in electronic credit transactions.” But if lawmakers end up passing the measure, opponents say it could also torpedo the rich rewards and perks that cardholders have enjoyed for...
Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month ( www.nbcnews.com )
More than 1 in 4 car shoppers in Texas and Wyoming have committed to paying more than $1,000 a month, and experts say it is due to the high volume of large truck purchases in those states, according to a report by auto site Edmunds....
401(k) millionaires are on the rise after taking a hit last year. Boomers are leading the way ( fortune.com )
Credit Card Balances Hit New Peak - One Trillion ( www.nytimes.com )
Americans’ credit card balances rose briskly in the second quarter, hitting a sobering milestone of more than $1 trillion, the Federal Reserve Bank of New York reported this month. Credit cards are the most prevalent type of household debt, New York Fed researchers wrote in a blog post, and saw the biggest increase of all debt...
Over half of Americans say they're not even close to financial freedom ( scrippsnews.com )
About 36% of U.S. adults say they have less than $1,000 in their savings accounts....