Friday, January 28, 2022

How Much Money Should People In Their 20's Save For Emergencies?

If you're in your twenties and just beginning your financial journey , there are a few basics you might be working toward covering. An emergency fund is a very important foundational step when getting your finances in order.

Once you commit to putting money away for unexpected emergency expenses, you may be wondering: How much money is enough money for an emergency fund?

Publisher: CNBC
Date: 2022-01-28T17:38:46 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Just how passive is passive income? [Millennial Money]

The opportunity to make money while we sleep is one few of us would turn down. And passive income, at face value, suggests we can do just that.

Social media is chock-full of influencers telling us how to make passive income. And while many of those content creators do actually earn money even when they're not on the clock, fewer of them are forthcoming about the work required to get there.

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Publisher: The Mercury
Date: 2022-01-28T12:30:03 00:00
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Here are the odds you'll outlive your money - MarketWatch

If you're like almost everyone else, your first guess is the summer of 1929, just prior to that year's stock market crash.

The correct answer, according to just-completed research from Edward McQuarrie , an emeritus professor at Santa Clara University's Leavey School of Business, is 1965.

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Publisher: MarketWatch
Date: 2022-01-28T14:15:00-05:00
Author: Mark Hulbert
Twitter: @marketwatch
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Making Money Online, the Hard Way - The New York Times

On a typical morning, Chrissy Chlapecka lets the dog outside, spends an hour on professional makeup and hair and carefully selects an outfit. Then Chlapecka, a 21-year-old Chicagoan, starts work as an internet creator.

Chlapecka posts at least one short video a day on Instagram and TikTok , where she has a combined 4.5 million followers. Nothing dramatic happens in the videos. But Chlapecka is who you might imagine if Lady Gaga were your favorite barista dishing out advice and zingers.

Date: 2022-01-27T18:10:20.000Z
Twitter: @nytimes
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6 Signs You're Not as Good With Money as You Think | GOBankingRates

Maybe you think you have your finances in order , but there are a few key signs that your money management skills leave something to be desired. Just because you aren't overdrafting every week doesn't mean there aren't still some things you need to work on.

If you're constantly online shopping and thinking "why not?" It's time to rethink how you're purchasing items.

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Publisher: GOBankingRates
Date: 2022-01-28T12:09:12Z
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Where Is Jeffrey Epstein's Money Going? - The New York Times

But taxes, property upkeep and temperature-controlled storage for his art collection — as well as $121 million in settlements to more than 135 women who accused him of sexually abusing them when they were young — have since cut into the size of Mr. Epstein's estate.

Date: 2022-01-28T08:00:09.000Z
Twitter: @nytimes
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Bennett, Dornink aim to give money back to Minnesotans - Austin Daily Herald | Austin Daily Herald

The Minnesota legislative session begins Monday, and Albert Lea's representative and senator say some of their top priorities for the session will center around the state bonding bill, the projected $7.7 billion surplus and public safety concerns, among others.

District 27A Rep. Peggy Bennett, R-Albert Lea, said though the second year of the biennium is not a budget year, legislators will still be talking a lot about money with the surplus.

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Publisher: Austin Daily Herald
Date: 2022-01-29T00:23:13 00:00
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Sounders FC Receives $250,000 in General Allocation Money | Seattle Sounders

SEATTLE, WASH. – Sounders FC today announced that it has acquired $250,000 in 2022 General Allocation Money (GAM) from FC Dallas in exchange for a 2022 International Roster Slot.

Sounders FC now has one open International Roster Slot, with six current international players on the roster: Xavier Arreaga, Abdoulaye Cissoko, Léo Chú, Yeimar Gómez Andrade, João Paulo and Nouhou.

Publisher: Seattle Sounders FC
Author: Seattle Sounders FC
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Use of DeFi Protocols for Money Laundering Grew in 2021

The increasing share of DeFi protocols in money laundering has occurred in parallel with a mainstreaming of cryptocurrency exchanges. The pandemic proved to be a watershed moment in crypto fortunes, and the popularity of these exchanges exploded.

DeFi protocols, which aim to decentralize financial transactions by removing third-party intermediaries, have escaped regulatory censure thus far even though investors are not shying away from the platforms.

Publisher: Investopedia
Date: 2022-01-28T21:17:03.723Z
Author: Rakesh Sharma
Twitter: @Investopedia
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On The Money — Fed's inflation tracker at fastest pace since '82 | TheHill

The Federal Reserve's preferred gauge of inflation rose nearly 6 percent last year, marking the fastest rise in the closely watched index since 1982.

The sharp rise in prices comes as the Fed plots a series of interest rate hikes, likely beginning in March, to quell a stretch of high inflation. Read more here .

Publisher: TheHill
Date: 2022-01-28T19:00:13-05:00
Author: Sylvan Lane Aris Folley and Karl Evers Hillstrom
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