Thursday, April 6, 2023

Bloomberg - Are you a robot?

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A High-Yield Savings Account Is The Easiest Way To Make Passive Income In 2023

I'm a top money coach who paid off $300,000 of debt in three years and invested enough for early retirement. A high-yield savings account is the one money move anyone should make in 2023 for easy passive income.

If you have a checking account, you might also have a savings account that came with it. The bank likely is paying you less than one percent in interest.

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Publisher: Forbes
Date: 2023-04-06
Author: Bernadette Joy
Twitter: @forbes
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Money market fund assets surge on bank jitters

Cash keeps coursing into money market mutual funds — an influx set off by the collapse of Silicon Valley Bank last month.

Why it matters: The bank collapse prompted an outflow of deposits from smaller regional banks — and plenty of that cash landed in money market funds. The shift underscores the pressure that regional lenders — big sources of investment capital in some metro areas — continue to face.

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Publisher: Axios
Date: 2023-04-06T11:39:19Z
Author: Matt Phillips
Twitter: @axios
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Top 10 Money Skills To Learn in Your 50s and 60s | GOBankingRates

You're not ready to leave the workforce yet, but retirement is on your mind. When you do set off into your golden years, you want to make sure you have the money to enjoy yourself.

The average expected retirement age among non-retirees is 66 years old, according to Gallup. This is a notable increase from 1995, when people expected to retire at age 60.

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Publisher: GOBankingRates
Date: 2023-04-05T14:00:08Z
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CFPB Sues James Carnes and Melissa Carnes for Hiding Money to Avoid Paying for Illegal Payday ...

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against James R. Carnes and Melissa C. Carnes, both individually and as co-trustees of the James R. Carnes Revocable Trust and the Melissa C.

James Carnes was the chief executive officer of Delaware-based Integrity Advance, a short-term, online lender. James Carnes and Melissa Carnes reside in Mission Hills, Kansas, which is also the principal place of administration of their revocable trusts.

Publisher: Consumer Financial Protection Bureau
Author: https www facebook com CFPB
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