Home affordability has hit record lows, and may take until 2030 to return to normal.
| This email is coming from an unmonitored email account. Please do not respond to this message. | | | | | | | | | Market Recap | | | | | Dow Jones | 42,175.11
(+0.62%) | | S&P 500 | 5,745.37
(+0.40%) | | Nasdaq | 18,190.29
(+0.60%) | | | | | | | | | | | | | When will home prices finally come down? | | | | U.S. home affordability has hit record lows. But one estimate doesn't think that will change any time soon.
Read more >> | | | |  | | | | | | | | MARKET RECAP | | | | US stocks finished higher on Thursday | | | | - The S&P 500 rose to a fresh record close.
- Economic data was supportive, showing orders for durable goods held steady where a decline was expected, and the number of Americans filing for first-time unemployment claims fell to the lowest level in four months.
| | | | What to be on the lookout for today | | | | - Core PCE, the Federal Reserve's preferred inflation measure.
| | | | | | | | How to avoid overspending | | | | The last months of the year tend to be expensive. Between holidays, gift giving, decorations, and hosting, there is a lot to potentially spend money on.
So if you want to avoid overspending in the leadup to this time, you're not alone.
How to stay in control
Stick to cash or debit. It can be easier to overspend when using a credit card.
Limit temptation. Online shopping (with saved credit card info and quick check out options) can tempt you to spend more. Waiting a few days to see if the urge is still there can help you avoid impulse spending.
Make it a challenge. Everyone loves a little competition, right? A no-spend challenge can help you reign in your spending.
Build a holiday budget. A dedicated budget can help you get prepared and stay on track during high-spend periods. | | | |  | | | | | | | | Today’s top stories | | | | | | | | How extreme weather is making everything more expensive | | | | Extreme weather is becoming increasingly expensive for Americans.
Read more >> | | | | What does flood insurance cover? | | | | Here's what to consider when deciding if a flood policy should be part of your insurance coverage.
Read more >> | | | | | | | | | | Other news that caught our eye | | | | | | | | | | Financial planner tip of the day | | | | "Linking your bank accounts can be a great way to manage your finances without making a trip to the bank. Linking can help you optimize your finances by allowing you to use the accounts that offer the best interest rates or other perks while still being able to make transfers between them—even if they're at different institutions." | | | | – Brian Walsh, CFP® at SoFi | | | | How did you like today's newsletter? | | | | | | | | This email was sent to you at paidmellc@gmail.com by SoFi Wealth LLC. (SoFi) because you're enrolled in the SoFi Daily. If you do not want to receive SoFi Daily emails, click here to unsubscribe.
Please understand that this information provided is general in nature and shouldn't be construed as a recommendation or solicitation of any products offered by SoFi's affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It's important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Adviser
SoFi isn't recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.
Third Party Trademarks: Certified Financial Planner Board of Standards Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design), and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.'s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi's Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery, or failure to store any user data, loss of user data, communications, or personalization settings. You must confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the "Processing Agent") data.
To manage your SoFi email communication preferences, click here.
Privacy Policy | Legal | SoFi Learn
Apple, the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries and regions. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.
234 1st Street, San Francisco, CA 94105
© 2024 Social Finance, Inc. All rights reserved.
w: 20240927 | | |
No comments: