Wednesday Reading List

What Can I Buy With 529 Distributions?

Back-to-school season is in full swing! Whether you are saving for college or spending on it now, this post has you covered.

Home Prices Are Going Nowhere Next Year, Goldman Sachs Says

In 2023, prices will be flat, they said. “While outright declines in national home prices are possible and appear quite likely for some regions, large declines seem unlikely,” the economists wrote. The Goldman team aren’t the only economists calling for slower sales this year.

Related article: The housing market slowdown, explained in 7 charts

Identity scams are at an all-time high. Here are ways to protect yourself

Identity crime and attempted fraud jumped by 36% in 2021 relative to 2020, according to the Identity Theft Resource Center. Theft linked to government benefits like unemployment and to social media accounts were among the most prevalent identity scams. Here are some ways consumers can protect themselves from identity crimes.

The stock market is plunging and the Fed is giving up on a ‘soft landing’ in favor of a ‘growth recession.’ Buckle up

Economists say that the Fed is targeting something that could be much more painful for average Americans: a “growth recession.”

Crypto influencers peddle questionable advice and profit off their viewers — no matter which way the market turns

Crypto influencers peddle questionable advice and profit off their viewers — no matter which way the market turns 

How to Get More Time

On the often-overlooked aspect of focusing on your health to increase your odds of achieving your goals.

Related article: The U.S. diet is deadly. Here are 7 ideas to get Americans eating healthier

Are Jobs Livin’ on the Edge?

The August jobs report, released last Friday, was billed as somewhat-Goldilocks (not too hot, not too cold).

Book Recommendation

Nudge: The Final Edition by Richard Thaler and Cass Sunstein

An essential new edition―revised and updated from cover to cover―of one of the most important books of the last two decades, by Nobel Prize winner Richard H. Thaler and Cass R. Sunstein

Since the original publication of Nudge more than a decade ago, the title has entered the vocabulary of businesspeople, policy makers, engaged citizens, and consumers everywhere. The book has given rise to more than 400 “nudge units” in governments around the world and countless groups of behavioral scientists in every part of the economy. It has taught us how to use thoughtful “choice architecture”—a concept the authors invented—to help us make better decisions for ourselves, our families, and our society.