Are you a “spaver”? – What’s a spaver?
. . . someone who spends – “sp” – to save – “aver”. Is that you? Here’s how to spot the toxic spending habi |
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How does your credit score compare to others?
Americans’ average credit score at every age – see how you compare |
Do you want to improve your financial condition?
Nuggets Forward Braxton Key Explains The Importance of Financial Literacy |
Buying Series I Savings Bonds
NEWS: They’re lawyers in New York, doctors in Phoenix and dentists in Memphis. They’re young, old, Democratic and Republican. And they all have two things in common: they’re rich but they don’t feel they’re rich. In a nationwide survey of more than 1,000 Americans making at least $175,000 a year—roughly the top 10% of US tax filers—a full quarter said they were either “very poor,” “poor” or “getting by but things are tight.” Half described themselves as just “comfortable.” Many have considered moving to a different part of the country for lower taxes and a cheaper cost of living. But how much of a difference would moving actually make?
EFFECTIVE NOW: For Series I Savings Bonds issued November 1, 2023, through April 30, 2024, the new rate is 5.27%; the fourth highest I Bond rate since I Bonds were introduced in 1998.
2 Year Treasury Rate is at 5.139%, compared to 4.02% last year. This is higher than the long term average of 3.18%. The 2 Year Treasury Rate is the yield received for investing in a US government issued treasury security that has a maturity of 2 years.
The benchmark 10-year Treasury yield rose Wednesday, reaching its highest level in more than 15 years, as traders weighed fears of persistent inflation and tighter monetary policy for longer than expected.
The 10-year Treasury yield gained 5 basis points to 4.612%. It had risen as high as 4.566% on Tuesday, its highest level since 2007.
REMEMBER! You can only purchase up to $10,000 in electronic I bonds each calendar year. Reengage hyperlink to Treasury Direct website, when available.
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm
EFFECTIVE NOW: For Series I Savings Bonds issued November 1, 2023, through April 30, 2024, the new rate is 5.27%; the fourth highest I Bond rate since I Bonds were introduced in 1998.
2 Year Treasury Rate is at 5.139%, compared to 4.02% last year. This is higher than the long term average of 3.18%. The 2 Year Treasury Rate is the yield received for investing in a US government issued treasury security that has a maturity of 2 years.
The benchmark 10-year Treasury yield rose Wednesday, reaching its highest level in more than 15 years, as traders weighed fears of persistent inflation and tighter monetary policy for longer than expected.
The 10-year Treasury yield gained 5 basis points to 4.612%. It had risen as high as 4.566% on Tuesday, its highest level since 2007.
REMEMBER! You can only purchase up to $10,000 in electronic I bonds each calendar year. Reengage hyperlink to Treasury Direct website, when available.
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm
How To Succeed at Financial Literacy
“The math and mechanics of personal finance are easy. It’s the psychological side of money that’s hard,” writes J.D. Roth, founder of Get Rich Slowly. Like so many people, Roth at one time was struggling with debt and could not see a way out, but through research, discipline, and hard work, made his way out of debt and into early retirement. He continues on his website: “The solution to financial literacy isn’t to feed people more facts and figures… We need to teach skills like conscious spending and promote behavioral finance. Experts are seeing that our economic decisions aren’t based on logic, but on emotion and desire.”
Get his free book https://www.getrichslowly.org/manifesto or visit Why financial literacy fails (and what to do about it) (getrichslowly.org). There is a world of information available for people who want to achieve stability and financial independence!
Get his free book https://www.getrichslowly.org/manifesto or visit Why financial literacy fails (and what to do about it) (getrichslowly.org). There is a world of information available for people who want to achieve stability and financial independence!