What I'm Reading This Weekend (June 30-July 1)
- Here is an interesting, though depressing look at the employment trends and lack of upward mobility among workers in the lowest quartile.
- The markets seem to be taking the impending trade war seriously this week.
- Student debt forgiveness is good news. The bad news? Forgiveness comes with a tax bill.
- Employers offering help repaying student loans to attract workers in a tight labor market.
- Taxes: Have you heard about the post card sized 1040? Here is a review.
- Social Security: Here is one take on the future of social security from Daniel P. Johnson, CFP.
- 401k: Do you have a 401k with matching? Is the matching in your company stock? Mine was, and when I was laid off the stock plummeted before I could sell it. GE employees' 401ks have been hit hard.
- Financial Planning: The fiduciary rule is now dead.
- Credit Scores: More and more consumers are doing what we tell our students to do….checking their credit scores!
- Credit Cards: AMEX “wins” Supreme Court ruling--prohibiting merchants from offering deals for cheaper payment methods was NOT found to be anti-competitiv
- We know reading is good for us, and most of us enjoy it. If you (or someone else) needs convincing, read this Medium article on the benefits of reading.
- Can you have too many friends? Jeff Stibel at USA today believes social networks “may be too big to succeed.”
- Quartz has an interesting take on how “finding your passion” may not be good advice to give to young people.
- Although this article claims Amazon brand is bigger than Apple now, and that was before Thursday's announcement that Amazon is buying online pharmacy PillPack.
About the Author
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.
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