/u/PinguPingu on Australians could lose $1.3b as banks rush to cut term deposit interest rates: report A total of $526 billion is currently held in savings accounts across the nation, according to report by financial comparison website Finder. It also found that households may lose around $1.3 billion in interest from their term deposits and saving accounts if the banks pass on the full rate cut of 0.25 percentage points.

Everyone picks on Millennials these days, but a new study by lending tree shows that out of all the generations, Gen X. by Daisy Luther via The Organic Prepper Everyone picks on Millennials these days but a new study by Lending Tree shows that out of all the generations, Gen X is the one dealing with the deepest financial problems.

China haters have been waiting for a financial crisis out of China since at least the. This time might be different. This time they are dealing with a trade war. Most investment banks have some.

Authored by Daisy Luther via The organic prepper blog, Everyone picks on Millennials these days but a new study by Lending Tree shows that out of all the generations, Gen X is the one dealing with the deepest financial problems. First, some definitions. Gen Z or Centennials: Born 1996 – current day

7-in-10 Say That Financial Circumstances Played An Important Role in College Decision. Regardless of whether or not they have debt, 57 percent of Millennials under 30 believe that student debt is a major problem for young people in the United States — and another 22 percent believe its a minor problem.

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If you’ve had any concerns about an older person’s financial abilities, I highly recommend you review the list. Now, here are five important things you should know about aging and financial decline. 5 Things To Know About Aging & Financial Decline. 1. Declines in financial ability can easily be exploited by family, friends, and strangers.

The Real Problem With Millennials at Work. Up Next.. The real problem with conventional wisdom about Millennials in the workplace is that it’s not unique to that generation; it’s unique to.

US long-term mortgage rates little changed; 30-year at 3.82% U.S. long-term mortgage rates were mostly unchanged this week amid signals from the Federal Reserve that it is preparing to cut interest rates soon. Mortgage buyer Freddie Mac said Thursday that the.

Millennials Face Financial Problems That Didn’t Exist for Previous Generations.. The good news is this generation is SMART and they are taking charge and dealing with the challenge. 1 in 6.

How Millennials Can Overcome Their 6 Biggest Financial Challenges. According to the strauss-howe generational cycle theory, members of Generation Y parallel and share traits with the young people who came of age during the Great Depression. While the economic woes of today haven’t been as severe as those faced eighty years ago,