What I'm Reading This Weekend (June 16-17)
Economy
- The Federal Reserve voted to raise the target interest rate this week. It was not exactly unexpected.
- Are you worried about the level of debt in this country? See how you feel about it after reading this blog from The Fat Pitch on the subject which is full of great graphics!
- Can the growth of e-commerce explain why inflation has not accelerated?
- I found this piece from Bloomberg on the distribution of wealth in the world to be very interesting.
Housing
- Here is an explanation as to why baby boomers are having/going to have a hard time selling their homes.
- We all give our students guidelines on what to budget for housing. Here is what you have to earn to afford a two-bedroom apartment across the country.
- Related to that article is this one that concludes that no one earning the minimum wage can afford one of these apartments.
Education/Teachers
- Wisconsin is closing empty rural schools. Is this happening in your state?
- This is probably not news to teachers, but USA Today writes about popular side hustles for teachers.
Personal Finance
- I spoke about these issues in a Digging Deeper recently, but here is another poll (PNC) that shows differences between men and women and money.
- Michelle Singletary of the Washington Post gives her advice on how to pay down credit card debt.
- Here is a horror story for you – have those money conversations (and know what you are signing) before getting any joint financial accounts!
- What’s up with credit freezes and thaws? Thawing a credit freeze is not so easy.
- On a lighter note, if you are a Larry David fan you will enjoy this Nautilus blog post on Game Theory of Anonymous Donations.
Personal Growth
- Working of soft skills? This Quartz post on increasing your emotional intelligence might help you and your students.
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