Saturday, September 25, 2021

How Much Money Do Millennials Really Make?

According to data from the U.S. Census Bureau , the median millennial household pretax income was $71,566 in 2020. However, a Sunmark Credit Union study on the spending habits of different generations found that millennials spend an average of $208.77 per day.

Spending almost as much as they earn each year means that there's less room to save for emergencies or invest for retirement . But with the average cost of rent — millennials' largest expense — weighing in at $1,584 for a studio and $1,636 for a one-bedroom in the U.S.

Publisher: CNBC
Date: 2021-09-25T13:30:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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These money and investing tips can help you build a portfolio for all seasons - MarketWatch

Companies pass tax increases on to customers, while a capital-gains tax hike penalizes long-term shareholders. Read More

An options strategy using what's called a collar can give you downside protection for a small price. Read More

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Publisher: MarketWatch
Date: 2021-09-25T16:25:00-04:00
Author: MarketWatch
Twitter: @marketwatch
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Community raises money for ‘Duck Dad’ - Delaware Gazette

Delaware residents Emily Bucksar, left, and Mary Bragg, right, present a check for $1,740 to Jacob Stewart, a local teen who saved a group of ducklings this year and earned himself the nickname “Duck Dad.”

The Delaware community recently came together to raise money for a local teen after he saved a group of ducks earlier this year.

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Publisher: Delaware Gazette
Date: 2021-09-25T06:00:10-04:00
Twitter: @delgazette
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Don't send money to fake friends on Venmo | | tylerpaper.com
Publisher: TylerPaper.com
Twitter: @Tylerpaper
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Mind Over Money: How To Do It Right

Rudyard Kipling famously wrote: "If you can keep your head when all about you are losing theirs…" And that about sums up a key rule for investing: Make your decisions about  when  to buy and sell and  what  to buy and sell based on thinking rationally, not emotionally.

But my "Friends Talk Money" podcast co-hosts Terry Savage and Pam Krueger and I, along with financial adviser Kendrick Mattox of Edge Capital Group in Charlotte, N.C., shared our best advice on now to do it in our latest episode. (You can listen to it wherever you get podcasts.)

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Publisher: Forbes
Date: 2021-09-24
Author: Next Avenue
Twitter: @forbes
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Bloomberg - Are you a robot?
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These tips can help reduce your grocery bills and save money - Fingerlakes1.com

The biggest thing is to look at your receipts and see, at the end of the week, if you actually used everything that was purchased.

Do you really need an entire gallon of milk instead of a half gallon, or all the different choices of cold cuts if you only really use one kind?

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Publisher: Fingerlakes1.com
Date: 2021-09-25T18:53:24 00:00
Twitter: @fingerlakes1
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Millennial Money: 5 steps to level up your side hustle

Getty ImagesWant to turn your side hustle into a legit business? Then it's time to get rid of manual spreadsheets or shoe boxes full of receipts and scale up to an accounting software that can do some of the heavy lifting for you, like tracking cash flow, managing invoices and generating

Publisher: Daily Herald
Date: 2021-09-25
Author: Associated Press
Twitter: @dailyherald
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On The Money — House pushes toward infrastructure vote | TheHill

Whether the bill will pass, however, remains an open question. And liberals are already predicting it won't.

BPC's new projections narrowed their expected window in which the U.S. is likely to hit the "x-date," the day when the Treasury Department runs out of cash to meet the country's obligations.

Publisher: TheHill
Date: 2021-09-24T19:49:54-04:00
Author: Sylvan Lane
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September child tax credit money arrives but some say IRS shorted them

After eight days of delay, some families said they finally began seeing money for the Sept. 15 payment of the child tax credit on Friday. But not everyone got their money Friday and, oddly enough, some are complaining that the IRS shorted them this time around.

Mack is happy he's finally seeing some money to cover the children's clothes, the family's groceries and other bills but he's perplexed about why the payment is short of what was received in July and August.

Publisher: Detroit Free Press
Date: The IRS didn
Author: Susan Tompor
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