Reading List for Jan 5-6

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Jan 04, 2019
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Personal Finance, Checking Accounts, Investing, Stocks, Mortgages, Paying for College, Economics

Happy New Year!  Our first reading list of the year includes a couple of pieces that take a look back at 2018, including the wild ride on the stock market, as well as some "newer" news.  Enjoy!

Personal Finance

  • Our friend Barbara O’Neill provides a great overview of what happened in the world of Personal Finance in 2018. (Journal of Financial Planning)
  • Beth Kobliner examines a Brooking Institute report on Artificial Intelligence and relates it to Financial Literacy.
  • “Living Paycheck to Paycheck is Disturbingly Common…” The WAPO headline says it all!.

Investing/Stock Market

December was the worst performance for the stock market since December 1931!!! (So much for the Santa effect I posted several weeks ago.) Here are some takes on what we are experiencing.

Economics

  • Here is the latest jobs report data and analysis. (NYT)

Millennials and Housing

  • We have all heard of the “bank of mom and dad.” This bank is apparently funding a record number of first-time home-buyers.(WSJ)
  • Over one third of young adults (18-35) are living at home. This Visual Capitalist interactive map shows you the picture by state.

Banking

  • What’s new in banking?   Checkless banking accounts (without overdraft protection). These were designed to attract the "unbanked" and "underbanked" populations. (WSJ)

Teachers

  • It may not come to a surprise to you, but educators are leaving the field at “record” numbers. (WSJ)

 

Students

  • Are your students ready for college when they graduate? Could they use a year to mature a bit and explore? Apparently, colleges are welcoming the idea and some are funding “gap year” projects. (WSJ)
  • Inside Higher Ed looks at some California Community Colleges’ decision to pass on a “free tuition” program tied to student loans.

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.