However, there's one financial goal that most people overlook -- and not achieving it could wreak havoc on your finances.
When you don't have an emergency fund, you're putting your entire financial situation at risk. That's because if you're hit with an unexpected expense, there's a domino effect of consequences.
For example, say you don't have any emergency savings and you're slammed with an expensive medical bill. To pay for that expense, you decide to charge it to your credit card. But credit cards have notoriously high interest rates, so you end up digging yourself deeper into debt, paying hundreds of dollars in interest alone. And when you're struggling just to pay down debt, you likely don't have much extra cash to put toward your other goals, like saving for retirement.
While you're here, how about this:
Queen Elizabeth II agrees to a 'period of transition' in which Harry and Meghan spend time in
LONDON — Queen Elizabeth II convened a family summit on Monday to try to agree on redefined roles for Prince Harry and Meghan — with implications for the future shape of the British monarchy and for royals down the line of succession.
The queen, her son Prince Charles and her grandsons Harry and William were meeting at Sandringham, a royal residence in the east of England. Meghan is expected to dial in from Canada.
The palace has made it known that the queen would like some kind of resolution quickly — within "days, not weeks."
Free online tools to help you make more money
When law student Tony Elion, Jr. decided he wanted to take on investing, he knew he could learn how to do it without spending a ton of money.
In fact, a lot of what he came across he found for free. "It's just about taking time to understand what is going on in this world of money in the stock market," said Elion, who wrote about his investing experience in his self-published book, " From Sailor to Student ."
* * *
In BlackRock's annual Global Investor Pulse survey , released last February, 27% of non-investors said they are afraid of losing everything. Of those who aren't invested, 64% said they found information about investing difficult to understand. The firm interviewed 27,000 respondents in 13 countries in the summer of 2018.
Waymo Expecting More Money From Uber
Alphabet's ( NASDAQ:GOOGL ) Waymo has already picked up hundreds of millions of dollars from Uber Technologies ( NYSE:UBER ) and expects more. Both companies are racing to put self-driving vehicles on the road. They're also involved in the ride-hailing business.
In 2017, Waymo sued Uber. Waymo accused the company of stealing trade secrets related to self-driving technology. In 2018, Uber agreed to pay $245 million to Waymo to settle the dispute . However, the payment wasn't hard cash. The company paid Waymo using its shares. As a result, Waymo took up a 0.34% equity stake in Uber . Notably, Uber went public in May 2019 at a valuation of $82 billion .
Not to change the topic here:
Why so little state money for housing? | 48 hills
There are so, so many priorities in the state, so many things to spend money on. But I have to say: If every poll says that housing and homelessness are the biggest issues, why is there so comparatively little money for affordable housing?
It would be more than enough to house every one of the roughly 120,000 homeless people in the state.
* * *
I have been talking to City College trustees about this. They say that this is just a pittance, a way to stave off for a semester a much bigger funding problem, and that's true.
Satire: Legislature to focus on more controversial subjects to lure lobbyist money - VTDigger
The Winooski — Vermont’s premiere local satire site — is founded and edited by Adam Hall.
“The lobbyists aren’t just faceless corporate minions,” says Senator John Rogers (D-Essex-Orleans), “they’re our friends. They have lunch with us. They talk to us about their feelings. We miss them. And this is an easy fix that won’t cost the state a dime.” Sen. Rogers recently introduced legislation that would ban cell phones for any Vermont resident under the age of 21.
Booker ends presidential bid after polling, money struggles
/arc-anglerfish-arc2-prod-dmn.s3.amazonaws.com/public/LKH4LMM3ZKWIIMX5MIPY6HEQI4.jpg)
DES MOINES, Iowa (AP) — Democrat Cory Booker dropped out of the presidential race Monday, ending a campaign whose message of unity and love failed to resonate in a political era marked by chaos and anxiety.
His departure now leaves a field that was once the most diverse in history with just one remaining African American candidate, former Massachusetts Gov. Deval Patrick.
Since launching his campaign last February, Booker, a U.S. senator from New Jersey, struggled to raise the type of money required to support a White House bid. He was at the back of the pack in most surveys and failed to meet the polling requirements needed to participate in Tuesday's debate. Booker also missed last month's debate and exits the race polling in low single digits in the early primary states and nationwide.
The Color Of Public Money: Black Businesses' Share Of Public Contracts Has Declined Over 20
State and local government agencies in Massachusetts pay billions of dollars to contractors every year for a vast array of goods and services. But minority businesses — and black owned businesses in particular — see only a tiny fraction of this money.
And their share of state contracts and discretionary agency spending has actually declined over the past 20 years, according to documents obtained by WGBH News' New England Center for Investigative Reporting.
Happening on Twitter
80% of Americans are in debt, according to the Pew Charitable Trust. We illustrated the responses from a few New Yo… https://t.co/o1yNOW7Kiz nytimes (from New York City) Sun Jan 12 12:02:15 +0000 2020
Only 28% of registered US voters were able to correctly identify #Iran on a zoomed-in map of the Middle East, while… https://t.co/RGXOcRNuxg sarahleah1 (from New York, NY) Thu Jan 09 02:01:25 +0000 2020
No comments:
Post a Comment