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Top Headlines: Delivered by Leonard Steinberg

May 07, 2024

01  Are younger people better savers? In 2023, Americans in their 40s managed to save over $6,930, according to data from New York Life. People in their 30s managed to stash away more, with an average of $9,807!

(CNBC)

02  "We’re in pretty good shape and so far it looks like that soft-landing type of scenario. But put me on the cautious side of that one."

– Jamie Dimon, CEO JP Morgan Chase

03  Love those Snoafers? Snoafers could become a city-pavement-walking real estate agent’s best friend......it’s a hybrid of sneaker and loafer by New Balance, ie: a shoe that is really comfortable!

(WSJ)

04  Almost everyone these days advertises or markets via GOOGLE.....a cost to most businesses......their profits quadrupled in the last quarter.....Youtube sales jumped 20%....all these costs are passed on to the consumer...... Meta reported 27% growth and Snap 21%...... yesterday, Wall Street cheered these exceptional results .....today you’ll probably hear them complain that inflation is rising....LOL

05  Here’s the average credit score (the higher the better) by generation as of March 2024, per VantageScore CreditGauge data:

Gen Z (18 to 27): 665

Millennials (28 to 43): 687

Gen X (44 to 59): 710

Baby boomers (60 to 78): 746

Silent generation (79 to 96): 750. (CNBC)

Do you have a credit score consultant who you can suggest to help people improve their credit scores? Maybe a message on how to improve your credit score for your younger clients?

Jon Granston  ·  Advisory San Diego  ·  DRE #01876007  ·  (858) 252-0307

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