It's Friday. We'll look at college savings accounts that come with $100 for every kindergartner in public school in New York City — and why proponents say their value should be measured in more than dollars alone.
Every kindergartner in public school in New York City got something new this year: a college savings account with a balance of $100. By the time high-school graduation arrives in the 2030s, the average account is projected to be worth $3,000.
A new study finds that dirty money remains easy to hide | The Economist
But to what end? The book's authors are putting the finishing touches on a study that suggests little has changed.
The global anti-money-laundering ( AML ) system that has evolved since the 1980s under the Financial Action Task Force ( FATF ), a multilateral agency, relies heavily on the private sector to weed out dirty money.
Money manager Jupiter sees $780 million of outflows | Reuters
LONDON, Oct 15 (Reuters) - Jupiter Fund Management saw outflows of 569 million pounds ($778 million) in the three months ended September, it said, as investors redeemed mutual funds and shunned British and European equity products.
London-based Jupiter has seen shares slide this year after clients pulled out money in the first half of the year, despite a good year for the wider industry.
How one couple with different backgrounds does money - Vox
Welcome to Money Talks, a series in which we interview people about their relationship with money, their relationship with each other, and how those relationships inform one another.
Jessica and Sebastian (not their real names) work in communications and marketing, respectively; their annual salaries are $125,000 and $135,000. However, Jessica, 37, grew up with a very different socioeconomic background than Sebastian, 36.
Talking About Money - California Teachers Association
Personal Finance — including such basics as keeping checking and savings accounts, establishing and managing credit, and paying taxes — is arguably one of the most important things young people need to know before launching into adulthood.
Tara Razi is doing her part to change that.
As Inflation Rises, Beware of the Money Illusion. It May Cost You a Lot. - WSJ
As inflation rises in the U.S., a blind spot known as the money illusion could lead many people to make serious financial mistakes.
Put simply, the money illusion refers to the fact that people typically tend to think in nominal dollars—the actual amount of money spent or earned—and not real dollars, which is the purchasing power of money after taking inflation into account.
4 Money Moves Every Woman Should Make in Her 20s
"The four most important areas to thoroughly understand are money mindset, budgeting, credit and investing," Pascarella said. "There are many ways to do this — podcasts, courses, books, coaching, etc. — but what's important is you find the method that works best for you."
You'll find that the more you learn about money and start to work on building good financial habits, the more confident you will feel about money overall.
Spend The Right Money First When You Retire
For more than twenty years, I have advocated "Pay Taxes later, except for the Roth." This applied in the accumulation stage when you are accumulating money for retirement, the distribution stage when you are deciding which assets to spend first, and even in the estate planning stage.
Sinaloa Cartel Money Launderer Sentenced to 10 Years in Prison | OPA | Department of Justice
A money launderer for the Sinaloa Cartel was sentenced yesterday in the U.S.
The case is being prosecuted by Senior Trial Counsel Mark Irish of the Criminal Division's Money Laundering and Asset Recovery Section and Assistant U.S. Attorney Larry Casper of the U.S. Attorney's Office for the Southern District of California.
Alaskans get annual boost of free money from oil wealth | The Seattle Times
JUNEAU, Alaska (AP) — What was once a joyous fall rite in Alaska has become another thing for people to bicker about — the amount of money residents receive from the state's oil wealth.
Checks of $1,114 are expected to be paid to about 643,000 Alaskans, beginning this week. Some will say politicians short-changed them; estimates indicated checks would have been in the $3,800-range if a calculation still on the books but last followed in 2015 had been used.
Happening on Twitter
The richest man in the world has $222 billion. It's hard to conceive how much money this is, so consider this: If… https://t.co/RjaVAwIGge GeorgeTakei (from Broadway - New York, NY) Thu Oct 14 18:49:37 +0000 2021
How is it that we have trillions of dollars to spend on endless wars, but we don't have the money to address the ne… https://t.co/GYd5Q7fSfr SenSanders (from Vermont/DC) Thu Oct 14 16:32:06 +0000 2021
Putting in that work because that money don't make itself , I'm to the bag. LarryJuneTFM (from San Francisco Ca. ) Thu Oct 14 13:21:07 +0000 2021
I like girls who get money and stay out the way diorkenn Thu Oct 14 12:40:59 +0000 2021
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