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Robinhood drops the confetti, but advisers aren't convinced

Robinhood drops the confetti, but advisers aren’t convinced
Robinhood s confetti graphic led to heavy criticism of its gamification tactics, but advisers say investor education is still what s needed.
April 6, 2021
3
MINS
After a bleak start to the year following the Gamestop stock surge and having multiple lawsuits filed against it, free trading app Robinhood Markets updated its application program interface to calm recent accusations that it was engaged in market manipulation and gamification.
This week millions of Robinhood users may have noticed that the celebratory confetti graphics that used to rain down after each trade have been replaced with images of floating geometric shapes, according to an announcement from the company last Wednesday. Robinhood also changed the images it displays when a customer signs up for premium service Robinhood Gold or deposits money on the app. ....

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How to make good on your resolution to pay off debt | News, Sports, Jobs

Jackie Veling
FILE - In this July 18, 2012, file photo, a pedestrian passes credit card logos posted on a downtown storefront in Atlanta. Many consumers want to pay off their debt in 2021 but are unsure how to navigate the COVID-19 economy. Experts recommend listing all your debts and contacting each lender to see if it will reduce your interest rate, lower your monthly payment or waive late fees. (AP Photo/David Goldman, File)
If you have high-interest consumer debt, getting control of your money in the new year might sound overwhelming.
Most Americans say the COVID-19 outbreak has caused financial stress, according to a survey released in October by the National Endowment for Financial Education, with 30% listing debt as their top stressor. ....

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How to make good on your resolution to pay off debt in 2021 | iNFOnews | Thompson-Okanagan's News Source

Jackie Veling Of Nerdwallet
January 27, 2021 - 4:01 AM
If you have high-interest consumer debt, getting control of your money in the new year might sound overwhelming.
Most Americans say the COVID-19 outbreak has caused financial stress, according to a survey released in October by the National Endowment for Financial Education, with 30% listing debt as their top stressor.
Despite the pandemic, you can still pay down your debt with the right plan. Hereâs how.
CONFRONT YOUR DEBT
The first step is simple, but it can be the hardest: You have to face the problem.
Angela Moore, a Miami-based certified financial planner and founder of Modern Money Advisor, which offers virtual advising and education for consumers, says itâs common for her clients to know theyâre in debt but not know how much. ....

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How to make good on your resolution to pay off debt in 2021

How to make good on your resolution to pay off debt in 2021
sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.

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Don't Buy a Home Just Because Interest Rates Are Low—Here Are 4 Things to Consider First

Ideally, Schultz is looking for a three-bedroom, two-bathroom house listed under $500,000, but she s willing to be flexible on the details in order to keep the price down. We re very committed to not having housing [cost] any more than 35% of our income, Schultz says.

This year, the couple hopes to make around $200,000 combined, but Schultz says the income from her new business is unpredictable. Outside their retirement savings, Schultz and her husband have about six months worth of emergency living expenses saved up, as well as about $30,000 set aside for start-up business expenses and a house down payment. We want to have more predictable income and to build up some more cash savings so we don t have to touch the emergency fund or business savings when we buy, she says. ....

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