Your Cheddar Hosts Kristen Scholer and Tim Stenovec explore why college grads may default on their loans, the possibility of the Bitcoin bubble bursting, and more!
On Wednesday over $200 billion was eliminated from the value of the cryptocurrency market. Frank Chaparro, Finance Reporter at Business Insider, joins Your Cheddar to discuss the reason for the recent sell-off and walks us through some of the pros and cons of investing in the digital asset.
Believe it or not, Michelle Schroeder-Garner is on track to make $1 million this year from traveling and blogging. How is that possible? Your Cheddar host Tim Stenovec explores how digital ads and affiliate marketing helps Schroeder-Garner earn more than $100,000 a month.
Plus, according to a recent survey, 61% of Americans said they found investing scary or intimidating. Ryan Ermey, Staff Writer at Kiplinger, joins Your Cheddar to discuss how much extra money you can have when you retire if you start investing in your early twenties.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.