Australian “buy now, pay later” (BNPL) firm Zip, the smaller rival to Square’s recently-acquired Afterpay, is hitching its future growth prospects to the cryptocurrency industry. Zip USA CEO Brad Lindenberg told attendees at the company’s first retail investor day that “The innovation around crypto feels like the internet did in 1995.” The company’s interest in… Continue reading Zip eyes millennials with planned launch of crypto trading in the US next year
Young Australians now prefer digital asset investments to real estate investments or stacking cash in banks. At the same time, four million Australians plan to buy digital currencies in the next 12 months, third of who are millennials. This is according to the results of a recent survey done by YouGov and commissioned by the… Continue reading Most Australian Millennials Have Given Up on Pricy Real Estate Investment for Crypto
It looks like millennials are beginning to lose their love for bitcoin. Millennials Are Looking at Altcoins More Than BTC Up until this point, it was widely believed that millennials were big crypto fans, and to an extent, they are. It is just that their tastes are “maturing” so to speak. They are beginning to… Continue reading Millennials Are Rejecting BTC, Turning to Doge
Americans in retirement are doing a 180 on housing, as more choose to upsize their residences and enjoy the fruits of their savings labor. According to a recent Del Webb survey conducted among 50- to 60-year-olds, 22% are looking to move to bigger homes. The pandemic has played a role in forcing retiree perspectives to… Continue reading Op-ed: More boomers are choosing to 'upsize' their homes in retirement
The Biden Jubilee 100 is a group of student loan borrowers who have stopped paying their debts. The Debt Collective, which calls itself "a union for debtors," has organized the strike of borrowers who hope to put pressure on President Joe Biden to cancel the country's $1.7 trillion outstanding student loan balance. Sanders Fabares felt… Continue reading Meet the student loan borrowers refusing to pay their debt, hoping Biden will forgive it
Quick Take 1 minute read Citizens in the United States have been hampering to get a stimulus package worth $2000 over the $600 package they were previously promised. $2000 can go a long way for many families during times of economic turmoil and the ongoing pandemic of COVID-19. Citizens in the United States have been… Continue reading Millennials could utilise their $2000 stimulus check to invest in BTC once more
(NYTIMES) – When even they are very successful in their careers, millennial women tend to defer to their husbands when it comes to money matters. A recent study by Swiss banking group UBS found that even the most educated and high-achieving millennial women were not as involved as their husbands in long-term financial decision-making. In… Continue reading Millennial women tend to leave money matters to men: Study
Nothing like a pandemic to focus the mind on what really matters. Every year, brokerage giant Charles Schwab has 1,000 people between age 21 and 75 surveyed to find out what they think it takes to be considered wealthy. The magic number, across all the participants, was around $2.4 million for 2017, 2018 and 2019. Snore. This year, however, the… Continue reading Americans Now Say They Need Less Money to Feel Rich
More than $20 billion in unredeemed gift cards and store credit is floating around the U.S. and there’s a good chance some of it belongs to you, according to a survey commissioned by Bankrate.com. Half of all U.S. adults have about $167 in some form of unused credit, including airline redemption vouchers, the survey found.… Continue reading You’re Probably Sitting on at Least $167 of Unused Gift Cards
Millennials prefer to hold Bitcoin (BTC) equity than invest in some of the world’s best-known companies, surprising new data reveals. In a report originally released in November, Charles Schwab, one of the United States’ biggest brokerage firms, shed new light on the increasingly pro-Bitcoin stance of Millennials compared to previous generations. GBTC makes inroads at… Continue reading Millennials Prefer Bitcoin to Alibaba, Netflix Stock as GBTC Hits $10K
LOS ANGELES — Jeffrey Katzenberg and Meg Whitman, the founders of Quibi, a short-form video app scheduled for an April 6 debut, are trying to create a platform for the smartphone age. To entice subscribers, they have ordered big-budget shows from known quantities like Kevin Hart and Steven Spielberg — but they have turned to… Continue reading Release the Influencers! Quibi’s Plan for Streaming Success
Charles Schwab has released its Q3 investment indicator report, a quarterly report that breaks down investment allocation across the firm’s brokerage accounts. It corroborates what most of us have known for a while now: Millennials are more attuned to the value of bitcoin than their Gen-X and Boomer counterparts. According to the report, the Grayscale… Continue reading Surprise! Millennials Embrace Bitcoin While Boomers, Gen-Xers Hold…
WELLINGTON (Reuters) – A 25-year-old New Zealand lawmaker’s “OK, Boomer” response in parliament when heckled by an older colleague is being cheered by millennials around the world. Chloe Swarbrick was speaking during debate on Tuesday about the Zero Carbon bill, which would set a target of zero carbon emissions for the country by 2050. When… Continue reading Millennials cheer New Zealand lawmaker's 'OK, Boomer' remark
Almost six out of 10 millennials say they’ve been rejected when applying for credit cards, mortgages, car loans and other financial products. In fact, millennials (ages 23 to 38) are experiencing higher denial rates than other generations, according to a recent poll of nearly 2,500 U.S. adults by YouGov for Bankrate.com. Of those millennials who… Continue reading Millennials are rejected more often when applying for loans, mortgages and credit cards
Ben Shapiro on new patriotism poll Ben Shapiro on new patriotism poll A new poll showing millennials' value of patriotism, religion and family is less than in previous generations is a disturbing development, according to Ben Shapiro. Without a common belief in the goodness of America, no matter one's ideology, it is hard to find what… Continue reading Ben Shapiro: Millennials' waning support of patriotism, religion hurt the ties that bind Americans together
Sometimes children start to rely on the cash gifts that flow in each holiday, which can decrease their independence. (Photo: CatLane, Getty Images/iStockphoto) Dear Pete, My husband and I have been gifting our daughter and her husband $10,000 per year for the last several years around the holidays. It’s become a bit of a family tradition.… Continue reading Pete the Planner: Could giving my daughter some extra cash hurt her independence?
The Federal Reserve on Wednesday signaled that it may cut interest rates as soon as next month for the first time in more than a decade. But while rate cuts are like steroids for stock markets, borrowers shouldn’t anticipate a big windfall, because the central bank already has boosted rates sharply the past 3 ½… Continue reading The Fed signaled rate cuts may be coming soon. What does that mean for borrowers, savers
We’ve seen the correlation between avocado and bitcoin prices before. So do Trump’s new measures against Mexico indicate a ‘buy’ signal? Looking at Bitcoin/Avocado demographics, millennials may indeed be the key ingredient. Avocados & Bitcoin – A Match Made In Heaven? As tweeted by crypto-entrepreneur Jen Zhu Scott (and not for the first time), there does… Continue reading Why Are Bitcoin and Avocado Prices Eerily Mirroring Each Other?
In a recent interview with Bloomberg experts, Nate Geraci, President of ETF Store, while talking about the Bitcoin ETF approval, hinted that younger clients were moving towards Bitcoin citing better investments. He also acknowledged that the demand for investing in BTC had increased, when compared to Gold and said, “When we talk to our younger clients,… Continue reading Bitcoin [BTC] trumps gold as choice of store of value among millennials, says President of ETF Store
A Medium post published by Spencer Bogart, a general partner at Blockchain Capital, compares data collected from a set of surveys from October 2017 and April 2019 containing identical questions (plus a few new ones). The results, compiled from an online survey taken by 2,029 American adults, reveal that Bitcoin has been growing in the… Continue reading A New Report Shows People Are Warming Up to Bitcoin
It’s no surprise that Warren Buffett, the most successful investor in history, came to be known as “The Oracle of Omaha.” But the Berkshire Hathaway CEO isn’t just a whiz at analyzing businesses, he also has a knack for imparting the most essential wisdom in a manner so simple that even a child can understand.… Continue reading Warren Buffett wants young people to know: Ignoring this is like 'leaving a car out in hailstorms'
According to “experts”, millennials are more likely to be attracted to invest in Bitcoin or other cryptocurrencies. This seems obvious since they have grown up in a largely digital world, but are they taking dangerous risks with their savings or have they got into the next world-changing technology early? Millennials Less Averse to Technological Innovation… Continue reading Are Millennials Making Harmful Crypto Investments, or Ahead of the Adoption Game?
It’s no secret that young people are way more likely to view Bitcoin and other cryptocurrencies more favorably than their older peers. Bankrate has conducted a study to put some numbers to these observations. According to the survey, 5 percent of millennials actually think Bitcoin and other cryptocurrencies is the best place to put… Continue reading Bankrate survey says millennials are 5x more likely to save with Bitcoin ⋆ ZyCrypto
Interestingly, 38 percent said they would give up drinking, which just shows how much the Brits enjoy their beer. Reading this stat the other way around means that 62 percent would rather keep drinking than give up their phones. Even Apple can’t beat a good night out on the town, it seems. 3. 16 percent… Continue reading 5 Disturbing Statistics That Prove Millennials Are Addicted to Tech