An important insight into the correlation of interest rates and pension fund deficits. The Powell Tightening as completely reversed pension deficits and created bond buying demand at warp speed. Find full article here
New students in for a shock and further debt problems. Responsible debt use requires accurate expectations of income. #StudentDebt #studentloans #collegestudents #personalfinance. https://www.cnbc.com/2022/04/29/study-says-college-graduates-overestimate-starting-salaries-by-50000.html
https://www.forbes.com/sites/stephenchen/2022/03/14/the-future-of-financial-advice/
https://www.forbes.com/advisor/banking/guide-to-50-30-20-budget/
https://www.brookings.edu/blog/up-front/2021/08/03/how-can-the-retirement-system-help-more-people-afford-retirement/?utm_campaign=Economic%20Studies&utm_medium=email&utm_content=146193414&utm_source=hs_email
When the wealthy use legal means to avoid taxes via massive loopholes, do we blame the wealthy or those in charge who choose to permt the loopholes to continue https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank
https://www.cnbc.com/amp/2021/06/17/jpmorgan-to-buy-uk-digital-wealth-manager-nutmeg-.html#amp_tf=From%20%251%24s&aoh=16239472253941&csi=0&referrer=https%3A%2F%2Fwww.google.com
BBC News – ‘I never dreamed I was entitled to benefits’ https://www.bbc.co.uk/news/business-57484790
Interesting article on hidden consumer credit. But they failed to mention the world’s largest Buy Now Pay Later company – Apple The pernicious potential of ‘buy now pay later’ finance – https://on.ft.com/3fgdztb via @FT
Big Banks Wake Up to Life Beyond Credit Scores [“https://www.bloomberg.com/opinion/articles/2021-05-17/jpmorgan-and-other-big-banks-wake-up-to-life-beyond-credit-scores”]