This is what I learned about personal finance recently thanks to:
@MellodyHobson
@lizgravier_
@FFNWB
@JeffCoxCNBCcom
@Tim_Denning
@_LetsRunWithIt_
@TheCalmNCents
@JoneyTalks
@Kpaxs
@HIAliving
@carreirafi
@MindingMy30s
@ShopRunner
-THREAD-
1/17
@MellodyHobson
@lizgravier_
@FFNWB
@JeffCoxCNBCcom
@Tim_Denning
@_LetsRunWithIt_
@TheCalmNCents
@JoneyTalks
@Kpaxs
@HIAliving
@carreirafi
@MindingMy30s
@ShopRunner
-THREAD-
1/17
A summary of what I learned about money last week.
- emergency fund
- banking
- federal reserve
- inflation
- 40-hour workweek
- budgeting
- long-term purchases
- saving money
- financial success
- free unlimited shopping
Let’s save some money.
2/17
- emergency fund
- banking
- federal reserve
- inflation
- 40-hour workweek
- budgeting
- long-term purchases
- saving money
- financial success
- free unlimited shopping
Let’s save some money.
2/17
"Financial literacy is not about wealth, but about understanding money regardless of the amount. It& #39;s about how you treat it and how you maximize opportunities." — Mellody Hobson
@MellodyHobson
3/17
@MellodyHobson
3/17
20% of Americans have saved at least $1,000 since March 2020.
https://www.cnbc.com/select/americans-saved-money-during-coronavirus-pandemic/
https://www.cnbc.com/select/am... href="https://twitter.com/lizgravier_">@lizgravier_
4/17
https://www.cnbc.com/select/americans-saved-money-during-coronavirus-pandemic/
https://www.cnbc.com/select/am... href="https://twitter.com/lizgravier_">@lizgravier_
4/17
Washington state residents can open a 12% APY checking account for 12 months on balances of up to $1,200 at First Financial Northwest Bank.
https://www.ffnwb.com/personal/12-checking
https://www.ffnwb.com/personal/... href="https://twitter.com/ffnwb">@FFNWB
5/17
https://www.ffnwb.com/personal/12-checking
https://www.ffnwb.com/personal/... href="https://twitter.com/ffnwb">@FFNWB
5/17
Inflation may be on the rise because of the Federal Reserve.
https://www.cnbc.com/2020/08/04/the-fed-is-expected-to-make-a-major-commitment-to-ramping-up-inflation-soon.html
https://www.cnbc.com/2020/08/0... href="https://twitter.com/JeffCoxCNBCcom">@JeffCoxCNBCcom
6/17
https://www.cnbc.com/2020/08/04/the-fed-is-expected-to-make-a-major-commitment-to-ramping-up-inflation-soon.html
https://www.cnbc.com/2020/08/0... href="https://twitter.com/JeffCoxCNBCcom">@JeffCoxCNBCcom
6/17
As a result, some expect inflation doubling to 4% or more!
https://medium.com/the-ascent/if-you-have-any-money-its-about-to-lose-a-lot-of-value-b78c6d2843f7
https://medium.com/the-ascen... href="https://twitter.com/Tim_Denning">@Tim_Denning
7/17
https://medium.com/the-ascent/if-you-have-any-money-its-about-to-lose-a-lot-of-value-b78c6d2843f7
https://medium.com/the-ascen... href="https://twitter.com/Tim_Denning">@Tim_Denning
7/17
The 40-hour workweek is based on factory productivity experiments by Henry Ford.
https://www.quora.com/Do-you-think-the-40-hour-work-week-is-designed-to-keep-most-people-from-having-the-time-energy-and-means-of-starting-their-own-business/answer/Steve-Baker-100
https://www.quora.com/Do-you-th... href="https://twitter.com/_LetsRunWithIt_">@_LetsRunWithIt_
8/17
https://www.quora.com/Do-you-think-the-40-hour-work-week-is-designed-to-keep-most-people-from-having-the-time-energy-and-means-of-starting-their-own-business/answer/Steve-Baker-100
https://www.quora.com/Do-you-th... href="https://twitter.com/_LetsRunWithIt_">@_LetsRunWithIt_
8/17
This is how ‘living below your means’ works.
https://twitter.com/TheCalmNCents/status/1295457875356073984
https://twitter.com/TheCalmNC... href="https://twitter.com/TheCalmNCents">@TheCalmNCents
9/17
https://twitter.com/TheCalmNCents/status/1295457875356073984
https://twitter.com/TheCalmNC... href="https://twitter.com/TheCalmNCents">@TheCalmNCents
9/17
When purchasing something, how long are you thinking about owning it?
https://joneytalks.com/2020/08/20/10-things-you-will-only-need-to-buy-once-in-your-life/
https://joneytalks.com/2020/08/2... href="https://twitter.com/JoneyTalks">@JoneyTalks
10/17
https://joneytalks.com/2020/08/20/10-things-you-will-only-need-to-buy-once-in-your-life/
https://joneytalks.com/2020/08/2... href="https://twitter.com/JoneyTalks">@JoneyTalks
10/17
Think about keeping money. Saving money is more important than spending it.
https://twitter.com/Kpaxs/status/1293506187808382977
https://twitter.com/Kpaxs/sta... href="https://twitter.com/Kpaxs">@Kpaxs
11/17
https://twitter.com/Kpaxs/status/1293506187808382977
https://twitter.com/Kpaxs/sta... href="https://twitter.com/Kpaxs">@Kpaxs
11/17
A simple, but solid financial success recipe to follow.
https://twitter.com/HIAliving/status/1293389334612148224
https://twitter.com/HIAliving... href="https://twitter.com/HIAliving">@HIAliving
12/17
https://twitter.com/HIAliving/status/1293389334612148224
https://twitter.com/HIAliving... href="https://twitter.com/HIAliving">@HIAliving
12/17
Monitor these money metrics.
https://twitter.com/carreirafi/status/1292853296881778695
https://twitter.com/carreiraf... href="https://twitter.com/carreirafi">@carreirafi
13/17
https://twitter.com/carreirafi/status/1292853296881778695
https://twitter.com/carreiraf... href="https://twitter.com/carreirafi">@carreirafi
13/17
On the regular.
https://twitter.com/MindingMy30s/status/1293047764641882114
https://twitter.com/MindingMy... href="https://twitter.com/MindingMy30s">@MindingMy30s
14/17
https://twitter.com/MindingMy30s/status/1293047764641882114
https://twitter.com/MindingMy... href="https://twitter.com/MindingMy30s">@MindingMy30s
14/17
American Express cardholders have had complimentary ShopRunner membership for a while.
https://www.shoprunner.com/enroll/americanexpress
But">https://www.shoprunner.com/enroll/am... now PayPal members can get a free 2-year ShopRunner membership.
https://www.shoprunner.com/promo/paypal2yrm
https://www.shoprunner.com/promo/pay... href="https://twitter.com/ShopRunner">@ShopRunner
15/17
https://www.shoprunner.com/enroll/americanexpress
But">https://www.shoprunner.com/enroll/am... now PayPal members can get a free 2-year ShopRunner membership.
https://www.shoprunner.com/promo/paypal2yrm
https://www.shoprunner.com/promo/pay... href="https://twitter.com/ShopRunner">@ShopRunner
15/17
Shoprunner offers unlimited free 2-day shipping and free return shipping at 90+ stores.
https://www.shoprunner.com/about
https://www.shoprunner.com/about&quo... href="https://twitter.com/ShopRunner">@ShopRunner
16/17
https://www.shoprunner.com/about
https://www.shoprunner.com/about&quo... href="https://twitter.com/ShopRunner">@ShopRunner
16/17
I’ve also posted this personal finance information on my blog.
Read it at The Weekly Summary on @Publish0x:
https://bit.ly/Weekly-Summary-20-2
17/17">https://bit.ly/Weekly-Su...
Read it at The Weekly Summary on @Publish0x:
https://bit.ly/Weekly-Summary-20-2
17/17">https://bit.ly/Weekly-Su...