Affirm’s latest partnership brings its alternative financing to Walmart’s U.S. stores and website

Financial technology company Affirm, which offers consumers an alternative to cash and credit when paying for large purchases, has scored a notable new partner: Walmart. The companies announced this morning that Affirm’s financing options would be made available in over 4,000 Walmart Supercenters across the U.S., and will roll out to Walmart.com in the weeks […]

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Venmo launches a ‘limited edition’ rainbow debit card for its payment app users

Hoping to entice more users to attach the Venmo MasterCard to their account, Venmo this morning announced it’s launching a “special edition” rainbow-colored version of its debit card that will only be available in limited quantities. Clearly, the idea here is to generate a sense of urgency around ordering the Venmo MasterCard as well as […]

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Millennial spending habits are being questioned (again) and the internet isn’t here for it

Another day, another headline about millennial spending. Sigh. 
This time, a study by Barclays looked into generational spending habits found that millennials spend more than £3,300 each year on coffee, food, going out, and clothes. 
S…

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How to save money: A step-by-step guide for millennials

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Put down the latte and listen up: If you’re like the millions of Americans living paycheck to paycheck, saving money needs to be on the top of your to-do list. Like, stat. 

Understanding personal finance can be intimidating. You know how much money you make and you’re trying to save a little bit here and there, but the reality of mounting student loan bills and other living expenses can weigh heavily on millennials — which is why it’s difficult to think of the bigger picture.

Listen: a personal finance app (or two or three) can be your best friend in terms of getting smarter about how you save — and spend — your money. (We recommending starting with YNAB, but more on that later.) Read more…

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This 25-year-old’s unusual budget has sent the internet into a tailspin

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Nothing gets people riled up like a peek into other people’s budgets.

On Friday, much of Twitter went into an uproar when CNBC shared a mind-boggling pie chart that laid out a monthly budget for a 25-year-old who happens to make $100,000 a year and is “excellent with money.”

The budget breakdown of a 25-year-old who makes $100,000 a year and is excellent with money. via @CNBCMakeIt https://t.co/GLRCp1rfey pic.twitter.com/FuxRVrYXoH

— CNBC (@CNBC) December 21, 2018

The outrage was instant, with many wondering what 25-year-old makes that much money and how does he or she pay such cheap rent and internet and have the money for $615 a month in donations? Read more…

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In the struggle to save the real world, it’s the young people that are most like the hobbits, Peter Jackson says

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We tend to be drawn to stories where underdogs become heroes – this is true in the magical world of Tolkien, as it is in the Mortal Engines world of Philip Reeve that Peter Jackson and Philippa Boyens recently brought to the big screen. 

In the case of the real world, Jackson says the recent elections in America show signs of a generational change that give him hobbit-like hope for the future.

Mortal Engines will be hitting cinemas 8th Dec. Read more…

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Zizoo, a booking.com for boats, sails for new markets with $7.4M on board

Berlin-based Zizoo — a startup which self describes as booking.com for boats — has nabbed a €6.5 million (~$7.4M) Series A to help more millennials find holiday yachts to mess about taking selfies in. Zizoo says its Series A — which was led by Revo Capital, with participation from new investors including Coparion, Check24 Ventures and PUSH […]

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Why modern life needs modern banking

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From eschewing bar soap to saying no to mayo, Millennials just want to do things differently—and that’s true in many ways, including reimagining how our society views common life decisions.

Mostly, that means giving today’s rising generations more time before diving into major personal and financial changes. Compared to Boomers and Gen X, Millennials are marrying later, buying homes later, having children later—and that’s if they’re doing these things at all

Why the delay? For many Millennials, it comes down to their finances. They want to feel a stronger sense of personal financial stability before undertaking a transformative endeavor like marriage or starting a business. This makes sense for a generation raised in the shadow of the 2008 recession, who treat banks differently than previous generations. A recent Gallup report shows only 66% of Millennials have visited a physical bank in the past six months, compared to 81% of Boomers. Where, then, are they banking? Read more…

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Someone at Hasbro apparently thought Monopoly for Millennials was a great idea

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Someone really though a millennial version of Monopoly might be a fun idea.

The very bitter people behind the board game known for tearing apart friend groups and getting children written out of wills released an especially cursed version of the game titled Monopoly For Millennials. 

In this version of the game, players don’t buy up properties — because what IRL millennial can afford to buy houses when they’re too busy spending their money on avocado toast, right? Instead the game employs tired stereotypes of younger generations, as players buy “experiences” like going to the Vegan Bistro or crashing on their Friend’s Couch. Skip the Boardwalk in favor of a Week-Long Meditation Retreat!  Read more…

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Alexandria Ocasio-Cortez says she can’t afford D.C. rent until she gets her first paycheck

The rent, even for incoming members of congress, is too damn high in Washington D.C.
At 29-years-old, newly-elected congresswoman Alexandria Ocasio-Cortez of New York’s 14th Congressional District is the youngest woman ever elected to the House of Re…

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