Must Read: Jeff Bezos Just Spent Mad Money On A LA Mansion, Who Is Responsible For Debt In A Divorce?

Ashley Rogers
February 14, 2020

These are the must read stories in personal finance this week.

1. Jeff Bezos Just Spent Mad Money On A House

OK, while we are over here counting our pennies trying to come up with cash to go out on Saturday night, Jeff Bezos, richest man in the world, is in LA buying a $165 million house. NBD. And it only cost an eighth of a percent of his net worth. In other words, it’s essentially like you or I buying an expensive dinner. (The Verge)

2. Apparently, No One Is Retiring At 65 Anymore

The benchmark for retirement in the US used to be 65. The emphasis here is, used to be. Apparently it is creeping higher and higher by the day. Guess Ill be working till 90, le sigh. (CNBC)

3. What Trump’s Newly Proposed Budget Means For Your Student Loans

It seems so often for people with student loans that we are at the mercy of whatever people in the government decide at any given moment to do about the student loan issue. Well here’s what Trump has up his sleeve at the moment. Hmmmm…. (Lifehacker)

4. Credit Card Debt In The US Just Set A New Record

Setting records is good, right? Well, maybe not this one. There is a new record in the US for credit card debt (face palm). You can read all about the mess here. (WSJ)

5. Who Is Responsible For Debt When You Get A Divorce

People talk a lot about who gets assets in a divorce, but what about the debt? Yeah, divorce sucks. (Huffington Post)

Feature Image: Twenty20