June 2020 Top Picks

Here are some of the best personal finance and fintech posts from June 2020. To see previous months' top picks click here.

Favorite Video

This 8-year-old’s financial knowledge is mind blowing

Favorite Podcast

Exploitation Economy – Professor Scott Galloway

Colleges have largely been able to make more money because of the fact that the federal government backs the loans of students and as long as the government continues to do this the cost of college has grown exponentially! There was really only a handful of things that could have started to finally make students and parents really begin to question the perceived value they are actually getting from college…a virus! 

Banking & Budgeting

14 Completely Free, Easy-To-Use Budget Templates and Spreadsheets – GoBankingRates

We use a budget template each and every month when we sit down to do our budget. The two tools that we use are Personal Capital & a template but we also recognize that not everyone might like using the same template for their budget. GoBankingRates compiled these 14 alternative templates! This list of templates has something for everyone…travel budget, Christmas budget and for the advanced budgeter check out #9!

Credit & Debt 

$26 Trillion and Counting – Compound

A graphical look at the current level of the U.S. national long-term debt.

Farewell Yield – HumbleDollar

As interest rates have fallen to near zero it is getting more difficult to find interest bearing avenues. This is one reason investors have flowed heavily into stocks and away from bonds. 

Higher Ed: Enough Already – Professor Scott Galloway

Listen more under the favorite podcast section above. 

Investing

How Robinhood Convinced Millennials To Trade Their Way Through A Pandemic – Medium

With the creation of free trading, fractional trading, enhanced unemployment benefits and a free app that makes investing fun…here is the result! 

Personal Finance

How the Bible can provide sound advice about handling money – Aleteia

It can be easy to fall into the trap of money. Here is what the Bible says about money and how it should be treated. 

Dave Portnoy & The Unmasking Of Wall Street