Beth is on break this week so I am filling in.

Here are some articles that caught my attention this week:

• In Silicon Valley and in the world of start-ups, there's a fine line between "fake it to you make it" and outright fraud. We were reminded of that again with news swirling around Ozy Media which went from media darling to out of business in a frantic five day span. This NYT Dealbook column addresses this burning ethical question. 
• Signs of asset inflation abound
  • Used car prices up 26% on year-over-year basis in August. Find out how much prices have risen in your state in this NBC4 article. 
  • Case-Shiller home index rose by 20% on year-over-year basis per CNBC. Importantly, there's a significant lag in how these housing numbers show up in official inflation measures.
• FAFSA for 2022-23 school year hit on October 1st. Here's what you need to know about the changes to the form. 
  • Want to learn more? NGPF has an on-demand module with more details. 
• Wondering about the history behind financial education and why it has been de-emphasized? Of course the tide is turning with 26 states introducing bills this legislative session. 
• The Buy Now Pay Later (BNPL) service arena just got more competitive with Mastercard entering the fray. "Mastercard said its buy-now-pay-later" (BNPL) program will let consumers take out interest-free loans that will be split in four equal installments, with the money taken from either debit, credit or prepaid cards," from CBS News. 
  • NGPF has an on-demand module on BNPL for those who want to dive in deeper. 
• "If schools won’t teach it, TikTok will." If we all needed a clarion call to do more about educating young people about money, this press release and quote should do it. 

Here's an infographic with the fastest growing jobs over the next decade 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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