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Personal Finance Daily: Identity thieves are targeting kids with ‘blank slate’ credit histories and millennials shouldn’t need their parents’ help to buy a house

Friday's top personal finance stories Read More...

Happy Friday, MarketWatchers! Don’t miss these top stories:

Personal Finance
This woman paid off $10,000 in credit-card debt with a personal loan, but her first attempt landed her in the red again

Emily Rogers, 30, said she resorted to hiding credit cards in a drawer to keep herself from spending.

This teenager was making $4,000 a month reposting memes on Instagram — until he got purged

‘I don’t have another job as Instagram paid in one week what I would get in one month of an actual job.’

Bankruptcy-related job losses are grimly reminiscent of the Great Recession

In the first seven months of the year, U.S.-based companies announced 42,937 job cuts due to bankruptcy, up 40% on the same period last year.

Appeals court rules against Obama-era proposal to restrict criminal-background checks for job seekers

Court decision lands while new laws aim to ease employment for ex-convicts.

Meet the lawyer who had $38,000 in student debt forgiven — he’s one of just 5% of people who did it

At one point in the process, Jeffrey Morgan discovered only about half of the payments he’d made since consolidating his loans qualified towards forgiveness.

Kevin O’Leary spends an insane amount of money on food, but here’s why

The “Shark Tank” star admits he sounds “crazy” shelling out $5,000 a week, mostly for business meals.

Millennials shouldn’t need their parents’ financial help in order to buy a house

The ‘Bank of Mom & Dad’ is fueling income inequality among younger home buyers, writes Sanjiv Das.

This financial adviser shed 100 pounds, and $60,000 in debt and back taxes — here’s how he did it

‘I never want to be in a situation where I feel I have to work for somebody else again’

Lost amid the Equifax and Capital One hacks: Identity thieves targeting kids with ‘blank slate’ credit histories

A child victim of identity theft typically won’t find out their identity has been targeted until the first time they apply for a first credit card, job or apartment.

I built a nest egg of $1 million and I’m only 46 — so why do I still spend my waking hours worrying?

‘We massed our savings all on our own, without an adviser.’

Elsewhere on MarketWatch
One man stands between us and a currency war

Larry Kudlow may be the only thing standing between us and the next leg of a currency war.

Trump’s mismanagement of the economy is monumental

Donald Trump promised to get the trade deficit down, but his profound lack of understanding of economics has led to it increasing, just as most economists predicted it would.

How the U.S.-China trade war started, and what’s coming next

The seeds of the Trump-era trade war between the U.S. and China were planted during the last presidential campaign, when then-candidate Donald Trump said Beijing couldn’t be allowed to continue to “rape our country.”

Fixing our national parks’ funding crisis may mean some sites must close

The National Park Service has a $12 billion maintenance backlog.

The single best investment for the next decade

Is it stocks or real estate?

Read More

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