Hi friend, This is your friendly reminder that next Monday, April 18, is tax day here in the U.S. It’s the deadline to file your personal tax return (or an extension). As tax day gets closer, #TAXTWITTER becomes more unhinged...yet entertaining. Don’t forget to send love and light to your accountant this week. Your favorite finance friend,
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1. 🤔 How To Build Generational Wealth As A Non-Rich Person (Buzzfeed) I spoke with my friend and fellow finance writer, Jackie Lam about building wealth 2. 🤲 An Ode to Giving People Money (The Atlantic) You won’t regret it. 3. 👨🏫 Paying Taxes in 2022: What You Need to Know (The New York Times) Did you make money on GameStop? Miss a stimulus payment? Have a student loan forgiven? Let our guide fill you in. 4. 🤓 A Bookkeeping Thing - Why You Should Stop Doing Your Own Taxes (Especially if You're Self-Employed) (HYG Original) 5. 👨👩👧👦 The death spiral of an American family (The Washington Post) After generations of stability, a son reckons with an inheritance of debt, desperation and a fall from the middle class 6. 💰 ESG investing and 401k funds are everywhere. Does “ethical investing” work? (Vox) Think you’re investing ethically? You might be surprised. 7. 🧑 How TikTok heartthrob William White's thirsty fandom turned toxic (Input) “A group known as the Grotto Girls — dubbed the GGs by insiders — pool their money and send White a regular stipend. Input has seen recordings of a TikTok Live run by the GGs in which members openly discussed their aim to send White a $3,000 dollar monthly allowance. (Input also has seen screenshots indicating that the GGs met, and sometimes exceeded, this goal, with funds going as high as $5,000 dollars.) When White told fans he was thinking of buying a car, the GGs helped raise $20,000 dollars in 24 hours for just that purpose. “It was like a cult,” says Tracey, a former member of the GGs. “There'd be people that would be maxing out their credit cards to pay for Will’s allowance. Then they’d go on their own Live that same week and say they didn't have enough money to pay their mortgage.”” 8. 😞 The Shaming-Industrial Complex (The New Yorker) “The more divisive a meme or a story, the more engagement it generates; the more engagement it generates, the more time it induces people to waste feuding online; the more time people waste feuding online, the more they idly reveal about their browsing habits; and the more they idly reveal about their browsing habits, the more precisely they can be targeted by advertisers. Public shaming attracts the kind of attention that yields big profits, so social-media platforms are in effect ‘engineered to spur these lucrative disputes.’”
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