[Ask PersonalFinance] Emergency funds, what is your "f*** you money" story?
Hello everyone,...
Mortgage rates soar to their highest level in 21 years ( www.cnn.com )
The 30-year fixed-rate mortgage averaged 7.09% in the week ending August 17, up from 6.96% the week before. Rates have been above 6.5% since the end of May and climbing higher since mid-July. This week’s average rate is the highest the 30-year, fixed-rate mortgage has been since April 2002 when it was 7.13%.
[AskFinance] How often do you eat out, and does that impact your finances?
Asking the question as it seems to be a recurrent issue among finance-aware people....
It's Almost Impossible To Find A Decent Used Car Under $20,000 ( jalopnik.com )
Vehicles under $15k are 1.6% of the market, and their share of the market has dropped over 90% since 2019. The old advice that you can get a beater and drive it in to the ground for $5k hasn't been true for years but it still seems pervasive in personal finance spaces.
Credit card round-ups to buy stocks? ( lemmy.ml )
Like Peter Lynch says, invest in what you know. It would be cool if your round-up could buy a fractional share of whatever business you shopped at. If that company isn’t publicly traded, you could set a stock for it to default to....
How do you track your personal budget?
Do you track your expenses monthly? Annually? Do you have an app or do you use an excel spreadsheet? Any suggested tools?...
How to dispute medical debt
Can’t credit the OP at this time, unfortunately. Still trying to navigate lemmy on mobile....
Look Out Below: Recession Is Coming
The central banks of the world are guiding us to a perfect crash landing. Interest rates have remained elevated in an attempt to curb the inflation brought on by printing excessively during 2020 and 2021. This strategy has actually worked by reducing US inflation from over 9% at the beginning of the year to around 3.5% now,...
[US] Consider a brokerage account for your main bank
Most people take a simple view of cash: they have a checking account for spending and a savings account for savings, and if they get fancy, they’ll have a CD for longer term savings goals. Power users will change to an online bank with better returns, and that’s about as far as it goes. That certainly works, but we can do a...
Buy and hold works - Meet the 'unluckiest' stock market investor of modern times ( www.marketwatch.com )
Here’s an archived version of the page....
[US] End of year PF tasks ( www.kiplinger.com )
I like to review my financial situation near the end of the year to prep for tax season, give to charity, etc. For any who cannot access the article or are too lazy, here are the things they recommend:...
USA: The financial meltdown is beginning. ( www.nbcnews.com )
They are keeping this quiet, but this affects 2.9% of US bank customers.
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.