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it's - 2 Vitor Gaspar - 1 shutdowns - 1 spending's - 1 Ken - 1 they've - 1 Ken's - 1 didn't - 1
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4 mentions found


☆ Global public debt will hit $100 trillion by year-end, says IMF
  + stars: | 2024-10-23 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com   time to read: +2 min
Global public debt will rise above $100 trillion by the end of 2024, the agency projected in its annual Fiscal Monitor report. By the end of the decade, the IMF forecasts global public debt will reach 100% of world GDP. The U.S. and China account for a significant share of rising public debt levels. If the two countries were excluded from calculations, the global public debt to GDP ratio would fall around 20%, the IMF said. Unsustainable debt levels place countries' markets at risk of a sudden sell-off if investors view a country's fiscal health as too poor.
Persons: Vitor Gaspar, shutdowns, spending's Organizations: International Monetary Fund, Monetary Fund, Global, U.S . Treasury Department Locations: Washington , DC, U.S, China, Saharan Africa
☆ A boomer helped pay for his daughter's college and her husband's student debt. He won't start gifting their inheritance until they curb their spending.
  + stars: | 2024-07-28 | by ( Kelsey Vlamis | ) www.businessinsider.com   time to read: +5 min
Ken, a semi-retired health services executive, helped his daughter and her husband pay for college and for their home. AdvertisementKen said his daughter graduated from college without any debt, thanks to an academic scholarship and a 529 savings plan he contributed to. By the time his daughter got to college, the plan had about $75,000 in it. Ken wants to start gifting them money but wants to make sure they're savingHowever, Ken said they started spending heavily while trying to furnish and improve their home. Ken said he would like to start gifting them the annual amount that's allowed tax-free.
Persons: Ken, they've, Ken's, didn't, I've, that's boomer, hasn't, he's, it's Organizations: Service, Business
☆ A millennial private equity founder explains how the 'girl math' taking over social media can help more than it hurts
  + stars: | 2023-08-29 | by ( Jennifer Streaks | Senior Personal Finance Reporter | Read More | ) www.businessinsider.com   time to read: +4 min
Girl math is a viral Tiktok trend where women justify spending with their discretionary income. Girl math is often about quality of life decisions and the impact of your spending's value. Maybe girl math isn't the trap it seemsFinancial expert Kelly Ann Winget, the millennial founder of a solo-female-founded private equity fund, says that girl math isn't exactly what its critics describe. "If women are using girl math to justify spending that doesn't derail their financial well-being, that is a good thing. "Instead of focusing on girl math so much, think about ways to secure your income," Winget tells Gen Zers.
Persons: Kelly Ann Winget, you've, it's, Christopher Bechler, Huang, Joshua I, Morris, Taylor Swift, Winget, Gen Zers Organizations: Service, Stanford Graduate School of Business Locations: Wall, Silicon
☆ Four major battles facing Congress in 2023
  + stars: | 2023-01-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | Sahil Kapur | ) www.nbcnews.com   time to read: +7 min
Democrats will wield an expanded 51-seat Senate majority and control the presidency. We need to be cutting spending,” McCarthy told reporters after a meeting with Senate Republicans on Dec. 21. There’s so much discombobulation and disunity on different sides of the Republican caucus,” Senate Majority Leader Chuck Schumer, D-N.Y., told reporters before the holiday recess. Conservative lawmakers say a GOP House should block a debt limit increase without major policy changes to rein in spending. Some House Republicans are already calling to impeach Homeland Security Secretary Alejandro Mayorkas over his department's handling of immigration policy.
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