If you’re jealous of those with more money, don’t just sit there and complain. Do something to make more money yourself — spend less time drinking or smoking and socialising, and more time working.
Gina Rinehart, the world’s richest woman. Gina, by the way, inherited her billions from her family.
In part, the internships are necessary because of basic law of supply and demand: there are a huge number of eager, ambitious young people all scrambling to get a very small number of jobs. While understandable, the result is a class system where those wealthy enough to afford to live without income in an expensive city … get experience and access to jobs. Young people in the middle class or from more modest backgrounds are shut out – the economics simply don’t work.
Joshua Foust, “The Uneven Playing Field of Unpaid Internships.” Read more.
Which credit cards do Americans use most? This map from payment-processing company Litle & Co. lays it out. While those maps are tricky to read, the gist is this: Darker areas indicate lots of use. So Visa is big in the West, for instance, and Amex users are on the coasts.
If your savings are parked in a savings account, they're probably not doing you much good.
So we looked up a few places where you can score better than 1% interest on your savings. Also worth checking out, in this same vein: “10 Low-Risk Ways to Earn More Interest on Your Savings.”
Q: Where are 20-somethings most likely to live with their parents?
A: Bridgeport, Honolulu and McAllen, Texas — at least according to a new study out of Ohio State. Atlantic Cities has the details.
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