Money, it's a gas. Unless you need to borrow some from your parents. Then it's a conversation many adults will avoid at all costs, even if it means paying for groceries with couch nickels.
That's not the only money conversation we avoid. More than 60% of millennials have never asked for a raise, largely because they don't feel comfortable doing so, according to the salary data site PayScale. In many couples, partners hide debt, sometimes to the detriment of their relationship.
And here's another article:
Can You Afford to Pay the IRS Money This Tax Season?
If you're in the latter category, you're not alone. An estimated 44% of Americans say that owing the IRS money this year would derail their 2020 budget, revealed financial company Self in a recent survey . And that's not a good spot to be in.
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It's easy to assume that you'll get a refund during tax season. But here are a few reasons that might not happen this year.
First, if you worked a side hustle in 2019 and didn't pay taxes on that added income as you earned it, then you could have a significant tax bill on your hands this April. The same holds true if you took in a large amount of capital gains in a traditional brokerage account or if you earned a lot of interest in a savings account or certificate of deposit.
Monerium to issue e-money on Algorand's proof-of-stake blockchain protocol
Monerium – which obtained an e-license money from regulators in Iceland last summer – will support Algorand's proof-of-stake blockchain through its e-money initiatives. Monerium's e-money projects are focused on EU member states, Iceland, Norway and Liechtenstein with digital cash denominated in U.S. dollars, euros, British pounds and the Icelandic krona, according to a press statement.
Through the Algorand partnership, Monerium hopes to further promote e-money's mainstream adoption, the company said.
Fed should turn to digital money to combat next recession - MarketWatch
The facts then shifted. Consumer confidence remains robust, USMCA will likely be ratified soon, a phase-one trade deal with China promises more exports, cyclical stocks are contributing more to the stock market rally, and analysts expect corporate profits this year to advance 9.4%. As businesses continue to add jobs each month, the latter inspires optimism for sustained growth.
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Healthy businesses are flush with capital and spend a lot less on structures and machines in a service-oriented economy than they did when manufacturing dominated. And global markets are flush with funds looking for places to invest, as savings have risen with aging populations.
Many things are taking place:
Money in your Pocket: 1/21/20 | WSYR
Letter: The importance of teaching kids about money | INFORUM
Fed Adds Just Over $90 Billion in Temporary Money to Markets - WSJ
The Fed added money in two repurchase-agreement operations, or repos. The overnight intervention added $58.6 billion, while a 14-day repo added $32.2 billion. In both cases, eligible banks—called primary dealers—took less money than the Fed was willing to offer.
Tips to teach young kids about money: financial educator | Fox Business
FOX Business' Cheryl Casone shares survey results that kids make 38% more in allowance compared to a few years prior.
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So, as a way to guide and prepare them to be financially successful adults, I’ve started teaching them about money and finances at this young age.
Teaching them the concept of saving by using a piggy bank. My kids are at the age where they love working on projects and filling up a piggy bank is a great project for them. Their goal is to fill up their bank over time with the coins they get from my husband and me from doing chores around the house. Once the piggy bank is full, they can then split their money into saving or investing, spending and giving.
Happening on Twitter
I used to cover VC when it was run by actual grownups who had experience in the markets - the Robertson Stephens/Th… https://t.co/gqBowXqqOq moorehn (from Here and there, hither and yon (NYC/Paris)heidi dot n dot moore at gmail dot com) Sun Jan 19 10:45:52 +0000 2020
A 31-year-old millionaire who's read 360 personal finance books shares his favorite. (via @CNBCMakeIt) https://t.co/ZzblFbxELV CNBC (from Englewood Cliffs, NJ) Sat Jan 18 06:09:22 +0000 2020
This book can make you rich. (via @CNBCMakeIt) https://t.co/PZuXTKyXIN https://t.co/yBHVOMCkz8 CNBC (from Englewood Cliffs, NJ) Wed Jan 15 04:10:00 +0000 2020
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