The latest on Monopoly for Millennials and why mobile fintech apps may make you worse with money
Here are some favorite personal finance reads from around the web this week.
Millennials seem both insulted and delighted by this irreverent new edition of the classic board game. Their tagline just about sums it up: “Forget real estate. You can’t afford it anyway.”
Now millennials are ruining…fintech apps? I kid, but a new study does show that millennials who use their phones for payments tend to make bad financial decisions. One possible reason: Unlike cash, electronic payments make spending simple and budgeting hard.
“Before, they were helping me stay sick,” says one grateful son who’s now in recovery. “The best thing they could have done to help is what they eventually did. Getting help for themselves.” Putting self-preservation above financial support for a loved one who’s struggling with substance abuse is a harrowing decision. Here is an important look at the opioid epidemic’s economic impact on families.
—The New York Times
Here are a (select) few areas where the newly elected Congress can find bipartisan ground to pass laws that improve college choice, better accommodate pregnant workers, and reduce runaway medical bills.
Craving more financial finds? Here is my latest blog post!
From giving circles to influencing friends to donate to charity, here are some stories and strategies for giving back this holiday season.
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