Daily Reads 6/7/2019
Happy Friday, everyone. It’s vacation season, so take a look at a new trend in microbreak actions for your getaway. And there’s a lot of assumption about millennials and their financial habits, so take a look at a survey that helps shed light on the topic. In business, we check out an interesting piece by a renowned business professor Scott Galloway on guidelines for happiness. Americans might be strapped, but it turns out the myth of Americans not being able to afford a $400 emergency expense is not entirely true. And we’ll take a look at CFP designation over ethics and conduct, at what that all means.
According to a recent survey commissioned by the travel website. More than 90% of Americans have been on a short trip (four days or less) in the past 12 months, and more than one-third have taken an ultra-short microbreak in the past year, the survey found.
Millennials expect, on average, to retire at age 56 – Female Millennials believe they will retire at age 59 and Male Millennialsbelieve they will retire earlier, at age 53
Scott Galloway, a professor at New York University’s Stern School of Business, is best known for his insights into and books about branding, marketing and tech — wisdom he has shared before on Masters in Business conversations.
It is a myth that a large share of people can’t cover a $400 emergency expense. Why does the story persist?
Friction between the CFP Board and Edward Jones over the board’s new professional standards of ethics and conduct is leading some advisors at the firm to question whether they’ll be permitted to use the industry’s most popular credentials.