Pick Babbel for Your Summer Adventures - Learn a Language in Bite-sized Lessons |
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Howdy,
It’s finally happened. After years of work in the world of money I have come to the natural conclusion that as Americans, we must come together. We must learn how to use our collective power to fight against the systems that punish so many of us and reward so few.
The vast majority of Americans struggle to make ends meet, while a small minority continue to accumulate wealth and power at their expense. We’re so busy fighting each other — that this division only serves to distract us from the real issues at hand.
Of course, I still believe in personal responsibility, but budgeting hacks, side hustles and scripts for negotiating our pay, won’t solve bigger issues. And when we emphasize the individual, we overlook our collective power.
I have no experience when it comes to unions, or activism and community organizing, but I want to learn and I’m going to do it in public, which is why I wanted to have a conversation with Braxton Brewington, the press secretary for The Debt Collective. The organization is America’s first and only debtors union. It was fascinating to hear about their wins and the challenges ahead.
Your friend in finance,
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1. 💰 What Is a Debtor's Union with Braxton Brewington (Weird Finance) In this episode of Weird Finance, Paco talks to Braxton Brewington about debtor’s unions and why they’re important, how debt is used as a form of power, how unions and collectives can work together and create leverage, debt strikes, and the state of student loans. This episode also features a segment called Slow and Steady with Leo by Leo Aquino (@queerandtranswealth), an award-winning author, poet, and anti-capitalist personal finance expert.
2. 🚘 Make Parking Impossible (The New Republic) Cars have made American cities uglier and more dangerous. Here’s the solution.
3. ✈ My Husband Flies First Class and Puts Me in Coach. Is That Fair? (The New York Times)
4. 🤓 A bookkeeping thing - Five Things You Thought Your Accountant Was Doing (HYG Original)
5. 💭 Is There Life After Influencing? (The New York Times) The internet personality Lee From America wanted to see what life was like as plain old Lee Tilghman. She’s not alone. But leaving behind lucrative brand partnerships and high follower counts is harder than it looks.
6. 👂 Influencer: AI 'Girlfriend' Gone Rogue, Says Sexually Explicit Things (Insider) CarynAI already has more than 1,000 paying subscribers, and Marjorie told Fortune that she believes it could eventually bring in $5 million a month, based on 20,000 of her 1.8 million Snapchat followers signing up for the service.
7. 👜 Is Temu the Future of Buying Things? Imagine if Amazon and TikTok had a baby. (Intelligencer) “Using Temu doesn’t really feel like shopping in the sense that one shops at a supermarket or a mall or a big-box store, or even on most e-commerce sites, moving from place to place, browsing a coherent selection, and then making purchases informed at least in part by conscious intentions. You can search, and you can explore different categories in which you’ll find thousands of products, but Temu is, from the first moment you open it, unapologetically hustling you.”
8. 👥 How companies sell you on the promise of "community" (Vox) “There are a lot of contributing factors to isolation and loneliness, but social isolation looks largely to be by class lines. This is a big issue and there is no one right answer to address it, but part of it is nudging our culture away from individualism and toward collectivism. I’m not saying full collectivism — there are huge dangers in collectivism — but nudging a little bit toward collectivism, and fostering this type of cross-class engagement. We all lose something when we’re not engaging across differences, be it racial difference or class difference.”9. 🚕 Don't let your language learning take a vacation this summer (Babbel). With Babbel, you can learn on the go and immerse yourself in a whole new world of communication. Start speaking in just 3 weeks!
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If you have a question you’d like me to answer on the Weird Finance podcast, you can leave me a voicemail at 833-ASK-PACO. You can also email me your question by replying to this email or emailing us at weirdfinancepod@gmail.com.
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Thanks for being part of the crew and reading this far. Peace. |
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