McFinance Newsletter

Starting Fresh: Managing Money on Your Own Drew McFinance August 30, 2025 Hello McFinancers! Here’s your weekly round-up of what’s been happening in the world of money, markets, and macro trends: Topics Starting Fresh: Managing Money on Your Own at 22 Managing money alone for the first time can be tough, especially after a big life change. Our story comes from a 22-year-old who lost his mom. She was his only family. Now he's figuring out finances independently. He's working two jobs, earning $600 to $700 every two weeks. With expenses like school, a phone bill, and car payments, budgeting feels tight. Living paycheck to paycheck, he struggles to save. Gas and groceries often leave no room for extras. Sometimes, he even dips into overdraft or borrows money. Thinking about getting a credit card for gas seems like a solution but brings its own risks. The main challenge is creating a manageable budget. It involves a close look at expenses and finding ways to cut back. Practical...

The Latest News - Fed's Latest News Drew McFinance August 27, 2025 Hello McFinancers! Here’s your weekly round-up of what’s been happening in the world of money, markets, and macro trends: New predictions from the Federal Reserve’s Jackson Hole event, New Zealand and Sweden central bank begins to cut rates, and Canada eases tariffs. Fed Chair Hints at Rate Cuts This year’s Jackson Hole symposium underscored the Federal Reserve’s difficult balancing act. Chair Jerome Powell signaled a potential interest-rate cut at September’s meeting, but policymakers remain split between fighting inflation—still above the Fed’s 2% target—and supporting a labor market showing early weakness. Political pressures are also mounting, with President Trump openly targeting Fed officials as he pushes for lower rates. Beyond policy divisions, Powell introduced a new monetary framework that focuses more directly on the Fed’s dual mandate of price stability and maximum employment, reinforcing the importa...

Latest News - Bitcoin Backed Loans Drew McFinance August 20, 2025 Hello McFinancers! Here’s your weekly round-up of what’s been happening in the world of money, markets, and macro trends: Bitcoin-backed loans are available, India causes global tension with Russian oil purchase, prep for Jackson Hole as central bank leaders gather for new discussions, and a look at retail spending with tariffs. Rise of Bitcoin Backed Loans There is a growing trend of using bitcoin as collateral for loans, offering crypto holders a way to unlock liquidity without selling their assets. As bitcoin trades above $100,000, long-term investors are increasingly turning to BTC-backed loans to maintain financial flexibility while betting on future price appreciation. Platforms like Coinbase and decentralized protocols like Aave are leading this movement, with custodial and non-custodial options offering different levels of control and risk. While this strategy allows users to borrow cash while retaining crypt...