Debt-Weary Millennials More Likely to Have Emergency Cash

More than other age group, millennials are more equipped to have funds available to use for unexpected expenses, indicating a generation weary and leery of debt.

According to a survey from Bankrate, 69% millennials were prepared to deal with emergency expenses by either dipping into savings or cutting back on spending, compared with an average of 61%. Among baby boomers, that number dips down to 56%, meaning that 13% of young people are better at dealing with unexpected financial responsibilities without going into debt than their parents. [Read more…]

National Cryptoequity – Pleasant Opposite of National Debt? (via CoinTelegraph)

(Published on CoinTelegraph)

The modern government-run financial system employs a staggering amount of national debt. The United States’s national debt is fast approaching $18 trillion, with no sign of stopping. This debt, while incurred by the government, ends up being the responsibility of the public to pay it off, or else risk collective financial suicide.

However, instead of shouldering this massive burden and having economic progress crushed under its weight, there exists a way to use cryptocurrency to achieve the opposite effect for people: give them equity.

(Read on CoinTelegraph)