2.6 million federal student loan borrowers defaulted in the first quarter of this year, and their credit scores dropped an average of 91 points. Wage garnishment and tax refund seizures have been paused since January, but the default itself stays on your report for seven years. Rehabilitation and consolidation both fix it.
Read the full breakdown at https://t.co/dJcPo16JAJ
The Fed almost certainly holds rates at 3.5-3.75% on July 29, which means your 21% card balance isn't getting cheaper by itself. Groceries are up 2.7% on the year, with beef still high and eggs finally off their 2025 peak. And the HSA quietly beats every other account with three tax breaks in one, if your plan qualifies. A boring week for your money, for once.
Read the full breakdown at https://t.co/dJcPo16JAJ
The economy added just 57,000 jobs in June, less than half what was expected, and unemployment only fell because 720,000 people stopped looking. Wages are up 3.5% while prices are up 4.2%, so most households are losing ground. And the government began seeding $1,000 investment accounts for kids born 2025 through 2028. It was a week. Read the full breakdown at https://t.co/dJcPo16JAJ
The government's putting $1,000 into investment accounts for kids born 2025 through 2028, and contributions opened July 4. Fund it fully and it could reach around $191,000 by the time they turn 18, but the government's part is just the $1,000. Families can add up to $5,000 a year, it grows tax-deferred, and it becomes an IRA at 18. Kids under 10 born before 2025 might qualify for $250 instead.
Read the full breakdown at https://t.co/dJcPo16JAJ
Nearly half of buy now, pay later users paid late this year, which is the highest rate ever recorded. Meanwhile, most people are still accepting the first salary offer they get, and tariffs are quietly adding about $700 to the average household's bills. It was a week.
Read the full breakdown at https://t.co/dJcPo16JAJ
Whether the cap happens or not, the smartest move is to live within your means and avoid the debt trap. Read our full recap on the 10% rate cap at https://t.co/d6ncUo6IIU
Alex Hill shares what it really takes to make a cookbook β 75 recipes, 30,000 words, and two years of work.
Her debut cookbook drops next year.
Stream The Wealth Break wherever you get your podcasts.
Turning 40 isnβt over the hill anymore β but if you havenβt found your purpose by then, the climb gets steep.β
β @TravisHoloway on The Wealth Break.
Stream The Wealth Break wherever you get your podcasts.
Success isnβt the same as stability. @rodneybwilliams, breaks down the myth of "forever money" in our most recent episode.
Watch it on https://t.co/0MNWPSP8so or listen on all streaming platforms.
Comparison kills financial discipline.
Alex Hill shares with our hosts @rodneybwilliams and @TravisHoloway why staying true to her budget was the first step in her wealth journey.
Watch now β https://t.co/0MNWPSPGhW
Alexβs Instagram: justaddhotsauce