How To Be A Millionaire At 25💰, US Stocks Edge Higher📈, Declaring Financial Independence🎉

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FI/RE

Side Hustle Pays Me $4,300 a Month, But I’m NOT Paying Towards My Student Loan Debt. Here’s Why (5 minute read)Emma Shapiro has opted to pay the minimum on her student loans. Despite graduating eight years ago and making every payment, her debt has now ballooned to $208,000, highlighting the present-day student loan crisis many Americans face. When she and her husband talked about how they’d combine their lives and finances, they weighed their options.

How To Declare Your Financial Independence Day (4 minute read)Now that we’ve celebrated our nation’s Independence Day, we might want to start thinking about our own “financial independence day.” That’s the day you work or don’t work because you want to, not because you have to. Here are the steps you can take to turn your dream into a reality.

Net Worth Required To Be Considered Wealthy In Various Cities (8 minute read)"Charles Schwab’s annual Modern Wealth Survey shares its insights for 2022. In the U.S. overall, the survey says it takes a net worth of $2.2 million to be considered wealthy, up from $1.9 million in 2021. Up 15.8% is a significant increase, but it makes sense due to high inflation and a rise in home prices."

I Need Money Now: 28 Legitimate Ways to Get Quick Cash (10 minute read)"When you find yourself in desperate need of money, the options can be minimal. All you think of is, “I need money now, what can I do?” Don’t worry – we’ve broken down some of the best ways to get cash quickly if your bank account is looking a little low."

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Markets

US stocks edge higher ahead of release of Fed meeting minutes (3 minute read)US stocks rose slightly on Wednesday before the Federal Reserve released minutes from its June meeting. Investors "remain on high alert" following a late-stage rebound in the previous session, said Interactive Investor. Minutes from the Fed's June meeting that featured a rate hike of 75 basis points were due at 2 p.m. Eastern.

Futures Up Ahead of Jobs Data (5 minute read)US stocks ticket higher as investors waited for an update on the number of Americans applying for unemployment benefits. Futures tied to the S&P 500 and the Dow Jones Industrial Average each rose 0.3% and contracts on the tech-heavy Nasdaq-100 gained 0.4%.

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Top Reddit Posts

Two years later! Post-FIRE check-in with graph and lessons learned (4 minute read)

Retirement Planning: Why "Average" Returns Don't Mean What You Think (3 minute read)

What’s your age, job and how much do you make? (5 minute read)

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