Your Must-Read Money Stories of the Week: Will the Instant Paycheck Rise in Popularity?

Your Must-Read Money Stories of the Week: Will the Instant Paycheck Rise in Popularity?

We’ve scoured the web to bring you our favorite and most useful money-related articles of the week. We read everything, so you don’t have to!

Hate waiting for your paycheck? Soon you may not have to. Employers and start-ups are looking at new ways of paying employees—from payroll cards, company ATMs and immediate cash-out options—that would make workers' pay accessible as soon as they’ve earned it. Talk about instant gratification. New Payday Options for Making Ends Meet — The New York Times

Rough news for renters: New apartments entering the market in 2016 are 8% smaller than they were a decade ago, according to a recent report. And sadly, less space does not mean lower cost: Rents for all apartments (new or preexisting) on the market have risen 7% in the last five years. See which types of residences suffered the greatest downsizing. Renters: You’re Paying More for Less Space — CNN Money

Millennials are characterized by many things, not the least of which is the desire for meaningful work—not just a job to pay the bills. But it turns out that doesn't make make them that much different than other generations, according to a recent Deloitte survey. Here's what Millennials can teach us about job satisfaction and motivation. Millennials Aren’t More Motivated by ‘Purpose’ Than the Rest of Us — Fast Company

Jobs have been steadily coming back since the recession—but they likely aren't the same types of jobs that were lost several years ago. Most of the lost jobs were held by workers with a high-school diploma or less, which means they were likely blue-collar jobs, whereas the majority of the 11.6 million jobs added during the post-recession recovery went to workers with at least some college education (hinting that the newer openings are more white collar in nature). Here's how this trend may be contributing to the economic divide. The Economy Is Adding Jobs, But the Divide Between the ‘Haves’ and ‘Have-Nots’ Is Bigger Than Ever — Business Insider

There's good news and bad news for the 99%. The good news first: Average incomes in 2015 for this broad stroke of the population grew 4.7% over the previous year. The bad news? The 1% saw their income grow by 7.7%—nearly twice as much. Plus, the top 10% brought in over half of all of last year’s earnings. Find out why the highest earners are pulling so far ahead. The 99% Got a Raise Last Year, But Not Enough to Dent Rising Inequality — The Wall Street Journal


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