A Millennial Baby Boom Could Be Coming, And More Trending Money Stories From This Week
1.Portugal made it illegal for your boss to text you outside of work hours if you do your job remotely.
Boss: hey you left your keys at the off-Me:
2.Consumer prices in October were up 6.2% over last year, the biggest jump we've seen since 1990.
Food prices continue their march upward. Latest data from @BLS_gov for October was just released, showing food at home prices up 5.4% compared to last year; up 1% compared to previous month. Overall food prices up 9.3% since start of pandemic
3.Grimes' ex sold about $5 billion in Tesla stock, seemingly because a Twitter poll told him to.
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.Do you support this?
4.It's open enrollment season, so we have some pro tips for choosing a health plan.
Open enrollment = me calling my parents to figure out what insurance plan I need😂
5.A teacher's TikTok about how much he got paid in his first year of teaching went viral, and tbh, teachers deserve more.
@mr.kylecohen #stitch with @itsnitababyyy #teachers #teachersoftiktok #teacherlife #money
♬ original sound - Mr. Kyle Cohen
Cleveland fourth grade teacher Kyle Cohen sparked a lot of conversation this week with a TikTok video breaking down how much he made in his first year of teaching. "In my first year of teaching, I taught at a charter school here in Cleveland, Ohio, and I made $31,000 as a fourth-grade teacher with a class of 16 students with a wide range of special needs — and I had my college degree and experience,” he says in the clip.
He told BuzzFeed, "My hope in making these videos is to start some real conversations. Our teachers (and students!) deserve the best, and it is the unfortunate reality that we are far from making this dream a reality."
6.Sales of pregnancy tests are up, which could signal a "millennial baby boom" in the near future.
According to Nielsen data and research by Bank of America, pregnancy test sales are up 13% year over year since June 2020. Birth rates were understandably down in 2020, because of, you know, everything. But they've started to tick back up this year, and 11% of respondents in a Bank of America survey said that they're either expecting now or will be trying in the next year. No word yet on what we plan to call these babies when they inevitably join the generation wars.
BTW, if you're a new parent (or about to be), you might wanna check out some ways to teach your kid how to be good with money. And for my fellow child-free folks, it might be a good time to budget for attending some baby showers in the near future. I don't know about you, but I'm looking forward to being the wacky aunt-friend.
7.And there was controversy around a billionaire's plans for a 4,000-person windowless dorm.
possible floor plan for UCSB’s new proposed walled city- I mean dorm8 to a room, almost no windows, 4500 students, 2 building exits.forget a fire code, this has to break the Geneva conventions or something https://t.co/deu5pBQu7R
8.Finally, office buildings around the United States are transforming into apartment buildings.
According to a new report from RentCafe, since the start of the pandemic, 13,250 apartments have been set up in abandoned office buildings, and more conversions are being planned for 2022. Apartments are also popping up in buildings that once housed factories, hotels, and warehouses. It's a trend called adaptive reuse. The report says that these renovations cost developers on average 40% less than new construction, and have a lower environmental impact.
Philadelphia and D.C. made the most conversions this year, while Cleveland and LA are on track to convert the most apartments in 2022.
Hey, look at us. We made it through another week. Who would've thought?
Hot Ones / Via tenor.com
Looking for more stories about work and money? Check out the rest of our personal finance posts.
