Tag #Financial Literacy

forbes.com
🌐 65% Global Worthiness
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Understanding Your 401(k) Notices: When to Act

This article details how to understand various 401(k) plan notices, including automatic enrollment, safe harbor, qualified default investment alternatives, summary plan descriptions, annual fee disclosures, and plan amendment notices, explaining when action is required to optimize retirement savings...

Progress

28% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Financial Silence Hurts Women: Societal Conditioning and the Gender Pay Gap

A study shows 80% of women avoid discussing finances, hindering their career advancement and contributing to the persistent gender pay gap, with women executives earning significantly less than their male counterparts. This silence limits their ability to negotiate equal pay and leaves them vulnerab...

Progress

52% Bias Score

Gender Equality
forbes.com
🌐 75% Global Worthiness
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Unicorn Success: Skills Over Hype

The article analyzes the success of unicorn entrepreneurs, revealing that financial literacy and control-smart growth strategies, rather than early-stage funding, are key to their success, contradicting the current VC focus on product-market fit and highlighting the need for a shift in approach for ...

Progress

52% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Debt Relief Options for Bad Credit

Individuals with bad credit can manage credit card debt through debt management plans, alternative consolidation loans, debt settlement programs, or self-managed hardship plans, each offering varying approaches to debt reduction.

Progress

40% Bias Score

forbes.com
🌐 65% Global Worthiness
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Balancing Wealth Inheritance: Lessons from Carnegie, Vanderbilt, and a Modern Family

A financial management expert contrasts the contrasting wealth inheritance approaches of Andrew Carnegie and Cornelius Vanderbilt, highlighting their family's balanced strategy prioritizing financial education and responsible wealth management to avoid the pitfalls of both extremes.

Progress

52% Bias Score

Quality Education
forbes.com
🌐 85% Global Worthiness
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Online Gambling Boom: Economic Gains Versus Social Costs

The explosion of legalized online sports betting across 38 states since 2018 has generated over \"$11 billion in revenue in 2023\", but also increased problem gambling, particularly among low-income communities and young adults, despite 75% of Americans supporting regulation and 96% of gamblers losi...

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Gen Z's Delusional Expectations of Financial Success

A recent survey reveals that Gen Z in the U.S. believes they need an average annual salary of $587,797 and a net worth of $9.47 million for financial success, significantly higher than the national median household income and the income needed to be in the top 1% in 32 states.

Progress

48% Bias Score

faz.net
🌐 65% Global Worthiness
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Online Shopping Debt in Germany

This article explores the rising issue of online shopping debt in Germany, focusing on the impact of "buy now, pay later" services and highlighting the disproportionate effect on women and young people.

Progress

24% Bias Score

Reduced Inequality