Discontinued Pennies, Finfluecers Arrested, Fartcoin: Summer Financial Headlines Unpacked

Financial headlines lately sound almost too crazy to be true, but a few matter for your wallet. We're talking about how meme coins like Fartcoin (yes, that's a real thing) can help you qualify for a mortgage, what Tesla's stock movements mean for investors, and why the end of the penny could cost you more money. You'll also learn how "Buy Now, Pay Later" apps are about to mess with your credit score, why used car prices are about to spike right when you're thinking of upgrading, and what the recent crackdown on financial influencers means. Key moments: (04:57) Using crypto assets might help you qualify for a mortgage (09:29) "Buy Now, Pay Later" purchases will soon start showing up on credit reports (17:05) Social media offers laughs and tips, but it's risky for financial advice (25:28) The US Treasury is phasing out penny production (27:27) Southwest is killing free checked Bags and embracing assigned seating There's no one-size-fits-all for wealth. Get the plan that fits you. Try SLP Wealth risk-free! Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts