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How to Become a Millionaire With Your $175/Week Side Hustle

[The Motley Fool, Getty] It doesn’t take much to turn your side gig into a million bucks. Becoming a millionaire on your regular salary may seem impossible — especially if you need most of your paycheck to cover bills. Side hustles are an increasingly popular way to get ahead. A recent Zapier survey of 2,000 […]

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Coinbase Gives Away $1.2 Million in Dogecoins

[GO Banking Rates, Getty] Coinbase, which listed Dogecoin on its platform earlier this week, announced it would be giving away $1.2 million in DOGE “to celebrate.” “Opt in and then buy or sell $100 in DOGE on Coinbase by 06/10/2021 for your chance to win,” the company said in a blog post about its “Dogecoin sweepstakes.” […]

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Digital currencies are the future for Russia’s financial system, central bank governor says

[CNBC, Getty Images] As the economy moves online, digital currencies will be the future of financial systems, according to Russia’s central bank governor, Elvira Nabiullina.Moscow published a consultation paper on a digital rouble in October, and aims to have a prototype ready by the end of 2021, while pilots and trials could start next year.Nabiullina […]

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8 Million Have Slipped Into Poverty Since May as Federal Aid Has Dried Up

[The New York Times] Two new studies show the effect of the emergency $2 trillion package known as the Cares Act and what happened when the money ran out. WASHINGTON — After an ambitious expansion of the safety net in the spring saved millions of people from poverty, the aid is now largely exhausted and poverty has […]

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Cuba prepares for ‘profound transformation’ of its monetary system, urges calm

[NBC NEWS, REUTERS] President Miguel Díaz-Canel said last week the country would end up with a single currency and exchange rate with the dollar, but did not specify a rate or the date of devaluation. HAVANA—Cuba’s economy minister has urged calm as the government prepares to unify its dual currency system and multiple exchange rates […]

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Coronavirus May Stay for Weeks on Banknotes and Touchscreens

[Bloomberg, Getty Images] SARS-CoV-2 has been found to persist longer on smooth surfacesResearch reinforces need for regular hand-washing and cleaningThe new coronavirus may remain infectious for weeks on banknotes, glass and other common surfaces, according to research by Australia’s top biosecurity laboratory that highlights risks from paper currency, touchscreen devices and grab handles and rails. […]

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Six Conversations Couples Should be Having About Money Right Now

[GQ, illustration by Simon Abranowicz] The pandemic hasn’t made talking about money any easier—but it has made it more important than ever.  Given that our culture can seem entirely focused on money, it can feel strange how hard it is to actually have a productive conversation about it. That can be especially true of romantic […]

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Trump DOL, SEC Fail To Warn 401ks About Massive Private Equity Dangers

[Forbes, Getty Images] Trump’s U. S. Department of Labor is pushing 401k sponsors to include the highest cost, highest risk, most secretive “private equity” investments ever devised by Wall Street in the retirement plans they offer to America’s workers. Chairman of the U.S. Securities and Exchange Commission Jay Clayton claims including private equity in 401ks […]

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Digital Dollar To Be ‘In Competition’ With Bitcoin

[Forbes, Getty Images] Digital dollars and central bank digital currencies are fast becoming a reality, with China this month reportedly expanding a pilot program for its digital yuan. While the U.S. has barely even begun thinking about a digital dollar, its potential implications have generated extensive debate, with a former governor of the Reserve Bank of India, Raghuram Rajan, saying […]

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My husband and I are worth $3.7 million, but I’m afraid I’ll spend my way into the poor house if he dies.

[MarketWatch] When I was single, I bounced checks. What can I do? ‘He earns all the money and handles all our finances. I love to spend money and have a head-in-the-sand approach to money problems’ Dear Moneyist, I am a 65-year-old woman married to a great guy for decades. We have no children. He earns […]

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