ads by Clixsense

Friday, May 7, 2021

The Daily Money: 'Revenge spending': 💸 Don't do it

In today's Daily Money newsletter, we have insights on Elon Musk's views on cryptocurrency and a trend called "revenge spending." ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, May 7

Good morning, Daily Money team, it's Nathan wishing you a happy Friday!

🤳 By now you may have heard about Apple's new Airtags. They've gotten a lot of hype, but do they really make life easier?

On to our ... 

💡 INSIGHT OF THE DAY: Becoming a millionaire on a $50,000 salary isn't easy. But with enough time, you can do it: Investing $500 a month over 35 years with an annual 8% return will get you there.

📰 Here are more stories you'll want to see:

1. Tesla's Elon Musk has been hinting at his love of dogecoin for months. But today he urged investors to be careful with cryptocurrency.

2. Is there a chicken shortage? Here's how COVID, the chicken sandwich war and chicken wing demand are affecting restaurants.

3. After recalling all of its treadmills, Peloton is issuing a software fix.

4 The Kidde TruSense Smoke Alarm is being recalled. See the details here.

5. What's "revenge spending"? It's making up for lost time in 2020 by over-indulging in 2021. Don't do it.

I don't know. Getting revenge on 2020 sounds like a pretty sweet proposition to me.

--@NathanBomey

Many families are looking at more money than they typically see after a third round of stimulus cash and receiving their income tax refunds in 2021. What to do with all the money?
Avoid 'revenge spending' your stimulus cash
How can you invest stimulus money wisely? Think twice if you're planning to use a big chunk of stimulus cash to pay off college debt.
Musk: 'Cryptocurrency is promising, but please invest...
Tesla's CEO Elon Musk has told The Wall Street Jou
How to Retire With $1 Million on a $50,000 Salary
Senior man throwing dollar bills into the air
Gannett revenue down, but digital subscriptions up
Gannett headquarters in McLean, VA.
Smoke alarms recalled for fire risk
Recall notice
Bar owner sold fake COVID vaccine cards for $20,...
One of the fraudulent cards.
Is there a national chicken wing shortage?
Chef Timothy Witcher prepares an order of Buffalo
Housing in America: First-time buyers miss out
Housing Boom
Real workers debunk myths about Pennsylvania minimum...
Before opening for the day, Melanie Kifer helps or
Stocks edge higher as tech gains offset healthcare...
Wall Street sign on side of a building
 
FOLLOW US
FB TW IG

Problem viewing email? View in browser

Unsubscribe Manage Newsletters Terms of Service Privacy Policy/Your California Privacy Rights Privacy Notice Do Not Sell My Info/Cookie Policy Feedback

No comments:

Post a Comment