Monday, July 12, 2021

If Bitcoin Isn’t Money, What Is It?

I have to say, I agree with Francois and Brett.

So if crypto-assets are not a protest movement, not a new gold standard and not a new money, then what are they?

One way to answer that question is ask why it is that people buy and sell crypto-assets. I have often wondered whether most people dabbling in the world of cryptocurrencies see them as ammunition to blow up the Fed or as fun digital collectibles. Now the question has been answered.

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Publisher: Forbes
Date: 2021-07-12
Author: David G W Birch
Twitter: @forbes
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Will COVID Cause Social Security To Run Out Of Money Faster?

While the boom in real estate transactions and soaring stock markets have been reasons for optimism, the Coronavirus has led to a more pessimistic outlook regarding things like Social Security.

Annually, the Social Security trustees issue a report on the expected solvency of the Social Security program over the long term. The report has not yet been issued in 2021, post the darkest days of the Covid pandemic.

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Publisher: Forbes
Date: 2021-07-12
Author: David Rae
Twitter: @forbes
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Bloomberg - Are you a robot?
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Can You Have Too Much Money in Your Checking Account?

Opening a checking account is one of the very first steps you take when starting your personal financial journey.

With a checking account, your paychecks can be directly deposited into your account, your cash is safe and your funds are easily accessible for all your bill-paying and spending needs.

Publisher: CNBC
Date: 2021-07-11T13:30:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Millennials, what will you teach your kids about money? | Personal-finance | richmond.com

On our road to adulthood, we've experienced two global crises — a recession and a pandemic. Many of us are also still carrying mountains of student debt. These years have shaped our outlook on money, and now we're teaching our kids what we know.

Here are the money lessons five millennial parents around the country want their children to learn (answers have been edited for length and clarity):

Publisher: Richmond Times-Dispatch
Date: Richmond Times-Dispatch
Author: Amrita Jayakumar
Twitter: @rtdnews
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Big Money Questions: Bitcoin, Budget For A Trip, Steps To Save Money

Financial expert Paul Hood of Hood CPAs joined News On 6 to talk about easy to understand ways to navigate our finances.

"I'm really trying to cut back and save some money. What are the best steps that I can take to help me save money month to month?"

Date: 1626127620000
Author: David Griffin
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How Can You Make Your Money Work Harder For You? – Forbes Advisor INDIA

Making your money work for you essentially means to use your money to make more of it. And while this might sound like a bit of a conundrum, there are a gamut of financial decisions that can help you do this. 

Before embarking on a journey to save, grow and invest your money, there are certain steps that must be followed to lay the groundwork. 

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Publisher: Forbes Advisor INDIA
Date: 2021-07-12T20:46:23 05:30
Author: Milan Ganatra
Twitter: @forbes
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Flavor Wagon raising money to feed the hungry

Trejor Hopkins and his wife created Flavor Wagon last October. They aim to serve healthy food and travel to towns around Topeka, but mainly stay in the Capital City.

Now, they want to do more to feed the hungry. That’s why they created a program called Breaking Bread.

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Publisher: KSNT News
Date: 2021-07-12T22:00:00 00:00
Author: Tiffany Littler
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Sponsor spotlight: Should you borrow money from your 401 (k)? - My Edmonds News

No immediate tax. You do not pay income taxes on the funds lent to you. If you withdraw the funds, you must pay ordinary income taxes and a potential penalty on the withdrawal.

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Publisher: My Edmonds News
Date: 2021-07-12T20:49:16 00:00
Twitter: @myedmondsnews
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Terminix deadline approaches for customers who may be owed settlement money | WKRG

MOBILE, Ala. ( WKRG ) — A deadline is approaching this week to file a claim against pest control company Terminix if you think you were ripped off. It's part of a landmark settlement between Alabama and the pest giant.

Thursday is the deadline for people to file a claim against Terminix. This is for anyone who got sticker shock over annual termite coverage that jumped by hundreds or thousands of dollars.

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Publisher: WKRG News 5
Date: 2021-07-12T18:25:27 00:00
Author: Chad Petri
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