Skimm Money: RTO, Costco And Credit Card Debt

Eyes On

Return to Office

Offices are more than half full for the first time since the pandemic started, according to data from security company Kastle Systems. Some bosses say RTO is essential for connection and creativity, but not everyone wants to go back to work like it’s 2019. Women, POC, and people with disabilities say remote work helps them avoid microaggressions and gives them greater flexibility when it comes to childcare. Here’s what to consider if your employer is implementing an RTO policy.

Your move:

• Think of the trade-offs. Remote work has its perks (buh-bye, commute time), but it also has its drawbacks. Like being passed up for a promotion or shouldering more responsibility at home. 

• Try negotiating. Make a case to your boss and emphasize what your employer can gain from a hybrid or remote work arrangement. Like how you’re more productive when you WFH.

• Start job hunting. If your employer won’t budge, rage applying is an option. Linkedin, Glassdoor, and Indeed are good places to start. PS: Flex Index provides info on some companies’ WFH policies.

For the Group Chat

Some wholesale clubs are bougier than others…

Costco shoppers tend to be richer and younger than Sam’s Club members.

What’s worse than cheating to millennials and Gen Zers? 

Lying about your $$$. The pros say that you should talk it out. 

Achieving financial independence…

Could be harder for first-gen Americans. 

Take advantage of Mondays...

By doing the bare minimum.

Highs and Lows

Billionaires Elon Musk and Rupert Murdoch were spotted chatting at the Super Bowl. About what? Dogecoin, according to Musk. The meme cryptocurrency jumped 5% on Sunday, partly because of Musk’s tweet, but…it lost most of those gains just as quickly. Dogecoin, like Bitcoin, has fallen in the past week amid an SEC crackdown on cryptocurrency exchange Kraken.

5-Minute Money Tip

Open your credit card statements. 

Seeing charges you didn’t budget for isn’t the best feeling in the world (hi, impulse buys). But don't let that stop you from opening your statements altogether. Because that avoidance can cost you $$$ in interest. Plus, you can’t tackle the problem until you know what you’re dealing with. So open that statement, make a debt repayment plan, and get to work.