What I'm Reading This Weekend (May 5-6)
This week's list takes you from labor shortages to end of life, with some personal finance and self improvement inbetween.
Employment News
Low unemployment is the theme this week.
- In some areas of the country with extreme labor shortages, cities will pay you to move there.
- Fast food restaurants have boomed, but with no teenagers available, the fast food business has had to adjust.
Markets
- A MarketWatch article tries to put some perspective on what is going on in the markets and includes several key graphs to tell the story. Here is a QOD based on a key graph in this article.
- And then there were 3 (major cellular companies): TMobile and Sprint to merge.
Personal Finance
- Which banks have growing deposits, and which ones don’t?
- Younger couples are choosing to keep their bank accounts separate (that’s how my husband and I have stayed married for 35 years!) Find out why.
- Following the recession, there was a great shift towards renting versus owning a home. That trend seems to be reversing.
- GFLEC released a report on its most recent research about millennials and their mobile payments usage and financial behavior.
- Who has more education-related debt? Millennials? The answer may surprise you.
Self Improvement
- Intellectual humility: why admitting you don't know is a good thing (for our students). What have you observed about your students?
- Here is the neuroscience behind five things that make you happy.
- How unconscious bias leads you to trust people you probably shouldn’t.
- Lining up your summer reading list? Looking for some good ones on finance and economics? Buttonwood of the Economist has some suggestions.
Retirement
While we may not want to think about retirement and the end of our lives, here are four articles that might give you reason to start thinking, talking, and planning earlier rather than later.
- Is a retirement community for you? If so, when and where?
- There is an increasing demand (and hopefully, an increasing supply) for retirement communities near the kids
- as more folks make this move later in life.
- What you don’t know can cost you: making the most of Social Security.
- Death of a spouse is never easy, even if it is expected. A few simple steps save you from financial pain in addition to grief.
Infographic
Here is a good one from our friends at Visual Capitalist to give you food for thought. How do you feel about the time/money tradeoff?
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