The secret many 20-somethings don’t want you to know

Image source: Chris Ford

  • The secret many 20-somethings don’t want you to know – Young adults are receiving more assistance from their parents than ever before. Nearly half of all young adults living on their own get financial support from their parents. Those in the art and design fields get the most help, an average of $3,600 a year, but even STEM graduates need help from their folks. (Upshot)
  • Going from “me” to “we” – A financial advisor offers real-life advice to couples who are just starting out about co-mingling their financial lives. (Gen Y Planning)
  • The Best Cities to Be a Homeowner – Home is where the heart is, so the saying goes. For homeowners, their home is also where they probably invested a large chunk of their money. In some places home-ownership has proved to be a worthwhile investment, as the home values skyrocket. But in other places, depressed home values and high property taxes may have made owning a home less worth it.  (SmartAsset)
  • Five Things to Take Off Your Resume in 2017 –  If you’ve been out of school for a while, your resume has probably evolved along with your career. That’s as it should be, but while you’re adding experience and tweaking your resume to reflect your latest career focus, don’t forget to step back and look at your resume like a hiring manager. (The Simple Dollar)
  • Robo-investing a la carte – You’ve probably heard that there are socially responsible funds to invest in; they’ve been around for decades. A new robo-advisor fund is offering its investors the chance to tailor their portfolios based to its customers’ values. (Bloomberg)
  • FB-TV? – Is Facebook creating its on content too? The social media giant has poached an executive from MTV, presumably in an effort to compete against major video streamers like Netflix, YouTube, and Snapchat. (Quartz)
  • Free rent in Manhattan – With continued new construction flooding the market, Manhattan landlords are offering perks and deals like one month’s free rent or a 3% discount from their asking price. Of course, you still have to be able to afford (and be willing to be) these Manhattan rents. (Bloomberg)
  • Real estate imbalance? – Data suggests there is a significant and growing shortage of lower-priced homes and a glut of high-end ones. (WSJ)
  • SmartDollar Offered to Costco Employees – SmartDollar is helping Costco employees take control of their personal finances by offering SmartDollar as an employee benefit. SmartDollar is the premier financial wellness program for corporations and businesses to equip their employees to better handle their finances so they can plan for the future and retire with dignity. (Press Release)
  • Build up cash or Pay down debt? – A common question people ask is where they should build up an emergency fund to handle unexpected crises or should they focus on paying down their debt? A financial advisor provides advice. (Christian Science Monitor)
  • Second-hand engagement rings – As a frugal person, buying a diamond engagement ring sounds like a smart idea, but if you are the superstitious type, you might think that the symbol of your love itself might be a bit tainted? (Wise Bread)
  • National Pizza Day – Today is National Pizza Day? Who Knew? Celebrate by checking out some deals from several national pizza chains. (Consumerist)

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