Legalized sports betting is creating a disastrous doom loop

Tech Insider : Economy
Photo collage of a basketball.
The thing about sports betting is addicts think their problem is the solution.

Getty Images; Jenny Chang-Rodriguez/BI

I'm 30 and already have $50,000 in credit card debt. Declaring bankruptcy is my only way out.

Tech Insider
Photo illustration of a credit card in water.

Getty Images; Jenny Chang-Rodriguez/BI

Artists in New York got $1,000 monthly through a basic income program. One participant used the money to pay bills and afford healthcare.

Tech Insider : Economy, Economy, Politics
Jacinta Burnell wears a colorful cloak and stands with her art.
Jacinta Burnell, 52, is an artist in New York and a participant in a guaranteed basic income program.

Courtesy of Jacinta Burnell

Gen Zers are relying on the Bank of Mom and Dad way past college

Tech Insider : Economy
Illustration of parents holding up a bridge for their child.
Parents are financially supporting their adult children well into their 20s. In a tough economy, Mom and Dad are the new safety net.

Rob Dobi for BI

Gen Xers who began their financial independence journeys in their 40s and 50s explain how they're on pace to meet their early retirement goals

Tech Insider : Economy
Bill Yount and Jackie Cummings Koski
Bill Yount and Jackie Cummings Koski both were late starters in the financial independence movement.

Bill Yount

It's gearing up to be a hot travel debt summer for Gen Z and millennials

Tech Insider : Economy, Travel
A town in Italy on the coast. The ocean in the background is deep blue and the clouds in the sky are pink from the sunset.
Travel is trending this summer, but for many, going into debt is a part of funding the fun.

Ratnakorn Piyasirisorost/Getty Images

It might be your fault you can't afford a house, says finance guru Dave Ramsey

Tech Insider : Economy, Economy
Dave Ramsey
Dave Ramsey.

Anna Webber/Getty Images

More parents are taking on debt to pay for Disney vacations as prices soar

Tech Insider : Travel, Travel
Disney, Magic Kingdom
Magic Kingdom at Walt Disney World.

Joe Burbank/Orlando Sentinel/Tribune News Service via Getty Images

TikTok is becoming a new GoFundMe, with views replacing donations to help people get out of debt

Tech Insider : Economy
young woman making money
Views are becoming digital currency on TikTok, with creators asking for help with their debts (stock image).

Massonstock/Getty Images

Recession is coming — and a raft of companies will fail, warns elite investor Jeffrey Gundlach

Tech Insider : Economy, Economy
Jeffrey Gundlach
DoubleLine Capital CEO Jeffrey Gundlach.

CNBC/Getty Images

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