Another day, another dollar. Another week, more Corporate Coke & Smack. The energy is well and alive within the CC Smack shop. This week brought dialogue concerning retirees working longer by choice, the proposed "wealth tax" bill that will erase $1.25 trillion in student loan balances, a feature IG is considering releasing that will remove a bit of validation from your profile plus much more!
This week's financial discussion surrounds a 4% annual percentage yield (APY)being offered by T-Mobile. They have partnered with BankMobile to bring this product to market. There is a limitation in which the account can only maintain a maximum balance of $3K and you have to be a T-Mobile customer. Our discussion surrounded how companies involving technology and mobile communication are molding the "fintech" space. 4% APY is beating most major financial institutions and even though there is a balance limit, this could serve as an emergency fund to many.
Be sure to tune in to hear Tobe's story time. The new gig brought an interesting situation in which Tobe seems to have played well.
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