
Personal Finance Institute
A Run for Your Money
Over the past few decades, Silicon Valley has become a hub for innovation, venture capital, and high-tech startups. Against this backdrop, Silicon Valley Bank (SVB) emerged as a leading financial institution. Last week they were the target of a bank run.
The SVB Collapse Explained by an Economist. Silicon Valley Bank failure
Learn more about Bank Runs from my course videos https://youtu.be/f8y-HTU8ffYMy video on Hard Landings https://youtu.be/4yIFbJBRDIE Subscribe to my Newslette...
US regulators give Silicon Valley Bank depositors access to all of their funds to avert banking crisis
Expect SVB to remain in the headlines for days and weeks to come.
U.S. government steps in and says people with funds deposited at SVB will be able to access their money
Banking regulators devised a plan Sunday to shore up deposits at Silicon Valley Bank, a critical step in stemming a feared panic.
Total Household Debt Reaches $16.90 trillion in Q4 2022; Mortgage and Auto Loan Growth Slows - FEDERAL RESERVE BANK of NEW YORK
Amazon’s Share of US eCommerce Sales Hits All-Time High of 56.7% in 2021
Nearly 60% of all online retail purchases in the U.S. were done on Amazon last year, reflecting the company’s tightening grip on eCommerce sales.
Question of the Day: What’s the average credit score for Gen Z? - Blog
It's only a number but an important one at that. Hint: The sum of the three numbers in the answer add up to 22. Answer: 679 Questions: Why are credit scores important? What factors affect one's credit score? Why do you think Gen Z may have low credit scores relative to older generations?
How Zelle is different from Venmo, PayPal and CashApp
Competition among peer-to-peer payment apps like Venmo, PayPal, Cash App and Zelle have been heating up for the past 10 years. The big banks tried to compete in the space when PayPal first came on the scene 25 years ago, but their business models failed. Now, Zelle, a seven-bank platform, is outpacing its rivals in average transaction value. But a rise in reported fraud activity recently got the attention of Congress, with allegations that the banks aren't supporting those affected customers.
Health insurance coverage options in Michigan | healthinsurance.org
Learn about your health insurance coverage options in Michigan - including ACA individual and family plans, small-group, short-term, Medicare and Medicaid.
A terrible guide to the terrible terminology of U.S. Health Insurance
hahaha this system sucks.a huge thanks to my Patreon for giving me a chance to do this way-too-big video: https://patreon.com/briandavidgilbertfilmed by Kare...
Disappointed Kershaw backs out of playing WBC
Dodgers star Clayton Kershaw is backing out of playing for the U.S. in the WBC, calling the situation "super disappointing." A source told ESPN's Alden Gonzalez an insurance issue led to Kershaw's turn of events.
2019 Findings from the Diary of Consumer Payment Choice – Cash
In its fifth iteration, the Diary of Consumer Payment Choice data show that cash continues to be used extensively for small-value purchases - representing nearly half of all payments under $10 and 42 percent of payments less than $25. However, consumers’ use of other payment options, including debit and credit cards, is growing.
Credit Card Fraud 2021 Annual Report: Prevalence, Awareness, and Prevention | Security.org
Credit card fraud is an unfortunate fact of life, with hundreds of thousands of Americans falling victim each year.1 This multibillion-dollar crime became even more common during the first year of the COVID-19 pandemic. It's expected to grow as people continue to rely on online shopping and social media, creating many opportunities for scammers to snag … Continued
QoD: How long has the Avg US adult used the same checking account? - Blog
Question of the Day for teachers and students: How long has the average U.S. adult used the same checking account?
Houses, Cars, Experiences, and Happiness
Clint Murphy on Twitter
“What is ONE thing about Personal Finance
You think not enough people know?”
Credit Card Interest Rate Forecast for 2023 | Bankrate
The Fed is expected to start hiking its target interest rate by spring, and consumers will see a corresponding rise in interest rates for credit cards.
RMD Calculator
Why Older Americans Regret Not Saving Early and Enough
Financial literacy and greater longevity awareness will help fix retirement planning gaps, according to a study that delved into multiple dimensions of undersaving.…Read More
U.S. consumer spending ends 2022 on weaker footing; inflation slowing
U.S. consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the Federal Reserve room to further slow the pace of its interest rate hikes next week.
Treat your HSA like an extra retirement account
You can invest HSA assets just like a 401(k) or IRA.
The Fed - Report on the Economic Well-Being of U.S. Households
The Federal Reserve Board of Governors in Washington DC.
BLS Data Viewer
The BLS Data Finder allows for search across all BLS time series databases.
The U.S. Stock Market: Best and Worst Performing Sectors in 2022
The markets in 2022 were characterized by a lot more pain than gain. That said, there were winners to be found, even during a turbulent year
Stradr: Real stocks, fake money
Stadr: An online simulated stock trading platform. Use Stradr to learn about the stock market, risk free and for free. Education settings provided
Budget Like a Millionaire On Demand Course
Budget Like a Millionaire is a 4 part on-demand budgeting masterclass that teaches you how to create an intentional spending plan that actually works.
Markets will be markets: An analysis of long-term returns from the S&P 500
Investors have learned to ride out the highs and lows of the US stock market. In this analysis, we look at S&P 500 annual returns over the past 25 years.
The Good, The Bad, And The Ugly In The Retirement Savings Bill Congress May OK This Week
The spending bill congressional leaders agreed to early this morning creates significant new incentives for retirement savings and broadly eases rules for withdrawing funds. Like...