Reading List for December 8-9

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Dec 07, 2018
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Personal Finance, Retirement, Economics, Financial Scams

Personal Finance

  • Two articles popped up on this topic this week based on a research paper by economists at the Fed: Millennials are bucking trends not because they don’t want the same things previous generations wanted, but because they can’t afford them. (WAPO) (The Atlantic)
  • Ever go into a fast food restaurant and find you can’t pay with cash? No problem, unless you don’t have a credit/debit card or smartphone. (NYT)
  • Financial scammers play on your emotions, among other things. (The Economist)

Retirement

  • A few months ago, there was much buzz about the FIRE movement. Michelle Singletary exposes the myths about the movement. (WAPO)
  • Yes, it is a great idea to start a Roth IRA for your kid….but there are some rules. (CNBC)

Economics

  • This month’s job’s report – fewer jobs added than expected, but unemployment holds at 3.7%. (NYT)
  • Will this weaker job market change the Fed’s plans for rate increases? (CNBC)
  • The stock market dropped over 3% this week, even with a day off to mourn the passing of #41 (CNBC)
  • Here is some practical advice for riding out the stock market turmoil. (USA Today)
  • Visual Capitalist brings us a detailed look at income by age in the US.

Technology

  • This one will make you think twice about your VENMO account. (WSJ)
  • Here is an objective look at Facebook and how it uses your personal info. (Recode)
  • Can you make it through college without a smart phone? Sara Goldrick-Rab suggests they are a necessity and the debate started. (Inside Higher Ed)

That is what you call a bad day in the market; good day to own utilities (from FinViz):

About the Author

Beth Tallman

Beth Tallman entered the working world armed with an M.B.A. in finance and thoroughly enjoyed her first career working in manufacturing and telecommunications, including a stint overseas. She took advantage of an involuntary separation to try teaching high school math, something she had always dreamed of doing. When fate stepped in once again, Beth jumped on the opportunity to combine her passion for numbers, money, and education to develop curriculum and teach personal finance at Oberlin College. Beth now spends her time writing on personal finance and financial education, conducting student workshops, and developing finance curricula and educational content. She is also the Treasurer of Ohio Jump$tart Coalition for Personal Financial Literacy.