Go to Knowledge: Social Security card name change information and top financial news for August 12

GO in the Know 5

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It’s Friday and National Vinyl Record Day. Sounds good to us! Before you head out this weekend, take some time to catch up on today’s biggest financial stories.

The big plus: Can I change my name on my Social Security card online?

Virtually every important financial task in life requires you to present your Social Security card for identification and tracking purposes. In case of name change, can you do it online?

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Bonus offer: Open a new Citi Priority account by 9/1/23 and earn up to $2,000 in bonus cash after completing the required activities.

Business Spotlight: Car prices

In mid-July, CBS News reported that vehicle repossessions were up, with repos doubling even among buyers with good to excellent primary credit. The trend is a worrying sign that industry experts worry indicates that a market bubble is about to burst.

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This is interesting: 35% of adult children worry that their parents will become a financial burden

It is common for adult children to care for their parents as they age, but should this include financial assistance? Some Americans fear that this may, and that they will not be able to cover the expenses of their aging parents. The main factor of concern right now? inflation

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Bonus: 40 Things to Do to Retire Before 40

Do you think you have what it takes to save enough to retire before you enter your fifth decade? Here’s what you’ll need to do along the way.

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About the author

Heather Taylor is a senior finance writer for GOBankingRates. She is also the lead writer and brand mascot enthusiast for PopIcon, Advertising Week’s blog dedicated to brand mascots. She has been featured in HelloGiggles, Business Insider, The Story Exchange, Brit + Co, Thrive Global and more media outlets.


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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!