Financial Friday Round-Up: February 10 - 14, 2020

Welcome to the Financial Friday Round-Up, where we scour the web for the best things to read, watch, or listen to regarding finance every week. Below you’ll find an economic forecast for 2020, a love letter to annuities, and three simple ways to improve your finances.

The Kiplinger Letter’s Must-Read Political and Economic Forecasts for 2020

The editors at Kiplinger give us five predictions for the state of the economy in 2020 based on experts in academia and the private sector. Find out their views on dodging a recession, trade tensions, and who will come out on top of the elections in November, all backed by insightful reasoning.

3 Simple Things You Can Do Today to Improve Your Finances

At the New York Times, Tim Herrera maps out three easy ways to reach financial security sooner: automate your savings, cancel some subscriptions, and switch to a high-yield savings account (he recommends one from Ally or Marcus).

Why are people attracted to 50:50 probabilities?

The Economist reports on a working paper that gives us reason to believe our brains see uncertain odds as falsely even. This instinct is widespread, according to research out of Harvard University, which illustrates that leaning toward 50:50 odds has shown up in many different circumstances.

Why I Love Annuities, and So Should You

If you were with us for JumpStart 2020, you heard directly from Victoria Le how beneficial annuities can be for anyone who wants guaranteed income into retirement. Kiplinger agrees and covers some essential information about this unique asset, including basic pros and cons and how to add an annuity to your financial plan.

College Degrees Used to Make Families Wealthier. That’s No Longer True.

Worth reports on the rise of student loan debt and the shadow it casts on the net worth of younger families in America. This article maps out when things started getting out of hand and the effects the problem may have on the real estate and wealth management markets.

 

Check out our other Financial Friday Round-Up posts for more great reads!

Financial Friday Round-Up: February 17 – February 21, 2020
Financial Friday Round-Up: February 3 – February 7, 2020