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2 days ago | 
thecut.com | Charlotte Cowles
Photo-Illustration: by The Cut; Photos: Getty Images You’ve probably heard: It’s rough out there for new college graduates. As one survey put it, “The class of 2025 faces an increasingly difficult labor market,” which is an understatement to anyone looking down the barrel of student loans and zero responses to your frenzied job applications.
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2 weeks ago | 
thecut.com | Charlotte Cowles
Photo-Illustration: by The Cut; Photos: Getty Images When the one percent starts to feel paranoid, Clay Cockrell is the first to hear about it. A therapist who specializes in treating the neuroses of the ultrawealthy, Cockrell says that many of his clients are in the privileged position of getting freaked out by eat-the-rich sentiments these days. “The Birkin bags are going into hiding,” he says. “I’m seeing a lot of people increasing their security and privacy.
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2 weeks ago | 
flipboard.com | Charlotte Cowles
10 hours agoHouse Republicans voted to advance a bill that would offer lavish tax cuts for the rich while slashing benefits for the poor. House Republicans worked through the night to advance a massive piece of legislation that might, if enacted, carry out the largest upward transfer of wealth in American …
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3 weeks ago | 
thecut.com | Charlotte Cowles
Photo-Illustration: by The Cut; Photo: Getty Images Author and podcaster Katie Gatti Tassin calls it “the hot-girl hamster wheel” — the endless rotation of appointments and treatments just to maintain your appearance. It’s time-consuming, costly, and hard to stop even when you want to. “The most insidious thing about it is that it can leave you worse off and uglier than you were when you started,” says Tassin.
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1 month ago | 
thecut.com | Charlotte Cowles
Photo-Illustration: by The Cut; Photo: Getty Images One of your closest friends gets engaged, invites you to drinks, and asks you to be a bridesmaid. “Of course!” you say. This is the person who held your hand during your shittiest, most embarrassing breakup and put you in a cab the night you tried to make out with your ex; you did her laundry while she had the flu. You’re in all the same group chats. Frankly, it would be weird if she didn’t ask. You’re excited. Then the specifics start rolling in.
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1 month ago | 
thecut.com | Charlotte Cowles
Photo-Illustration: by The Cut; Photo: Getty Images A month ago, Lydia received a chilling alert from her federal student-loan servicer. She was delinquent on her loans, the notice said, and about to go into default. “I had no idea what they were talking about,” she says. “I was supposed to be in forbearance. I’d never even gotten a bill.” Lydia, who requested a pseudonym to protect her privacy, is 30 and works at a nonprofit in Chicago.
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1 month ago | 
thecut.com | Charlotte Cowles
Photo-Illustration: by The Cut; Photos: Getty Images It seems almost beside the point to tell people to shop less right now. For the most part, buying stuff isn’t what makes us broke; it’s the cost of health care, education, rent, child care — things we don’t have much control over, at least individually. But still, could we all use fewer things and more money? Probably.
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1 month ago | 
thecut.com | Charlotte Cowles
Illustration: Olivier Heiligers This week, we’re deep-diving into the finances of people who faced tens of thousands of dollars of debt — and somehow managed to pay it all off. Below, meet Annette, 46, who was an elementary-school teacher in Texas for almost 20 years. Her credit-card debt peaked at over $37,000 in 2020, but then she paid it off in under two years by switching careers and side-hustling. Here’s how she did it.
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1 month ago | 
thecut.com | Charlotte Cowles
This week, we’re deep-diving into the finances of people who faced tens of thousands of dollars in debt — and somehow managed to pay it all off. Below, meet Dani, a 38-year-old private-school administrator and mom of two in Los Angeles. When she and her husband lost work during the pandemic, she put $23,000 on credit cards to cover their expenses. It took four years to pay it off. Here’s how she did it. I’ve always been against credit cards.
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1 month ago | 
thecut.com | Charlotte Cowles
Last month, Nadia got a letter in the mail saying her federal student-loan payment was past due. “It said that I owed more than $3,000 immediately,” she says. “I completely freaked out. I had no idea it was due, or why it was that high, or where I’d get the money to pay it.” A 32-year-old video producer who lives in Atlanta, Nadia hadn’t seen a student-loan bill since 2020, when payments were paused during the pandemic.
