Cache

Incredibly honored to have been selected by Halo Media in their Fintech FutureMakers Giveaway! We can’t wait to join forces with Halo’s talented team and realize our vision of #autonomousfinance that works for ALL Americans. Watch this space as we release more autonomous solutions for effortless saving, budgeting, credit card payments, and more. Here we go 🚀

🚀 Join Our Team! 🚀 Cache is seeking a Social Media Manager to elevate our brand and engage our community around financial wellness content! 🔍 Your Role: • Create and share compelling content across Instagram, Facebook, Tiktok and X • Engage with our audience on social media (respond to comments and DMs, execute polls, share other creators’ content) • Engage with influencers and partners in the personal finance space, for interesting collaborations • Monitor trends and analyze performance 💡 Your Skills: • Proven social media management experience • Creative storyteller with excellent communication • Analytical and adaptable in a fast-paced environment • Understanding of finance/fintech space - a plus! 🖋 The Fine Print: • Fully remote position (US) • Part-time 📨 Apply at: dana@mycache.ai 🔗 Learn More About Us: mycache.ai #Hiring #SocialMediaManager #Fintech #Marketing #JoinUs #CacheTeam

The Federal Reserve has decided to keep interest rates steady, hinting at just one rate cut for 2024 instead of the three previously expected. This cautious approach is tied to the Fed’s updated inflation forecast for 2024, which is now slightly higher at 2.6%, meaning that prices for goods and services will continue to increase. What does this mean? For consumers, borrowing costs for mortgages, auto loans, and credit cards will stay high, impacting monthly budgets. However, high-interest bearing deposit accounts, such as high-yield savings accounts and CDs, are expected to continue to provide high yields, with many banks offering more than 5% APY (annual percentage yield). To combat inflation and get more for your buck, consider taking advantage of an FDIC-insured #HighYieldSavingsAccount, like the one offered by our friends at Laurel Road with a 5.15% APY. For SMBs, high borrowing costs will continue to affect growth and expansion plans and operational expenses will continue to rise due to higher inflation. Nonetheless, with job gains remaining strong, the unemployment rate remaining low, and modest progress towards inflation reduction, the Federal Reserve offers a glimmer of hope for the second half of 2024. What’s your take on the Fed’s announcement? Read more here: https://lnkd.in/gtZj5rwA

We are thrilled to announce a significant milestone for Cache: our brand prominently displayed in the heart of Times Square! As we gaze at these quintessential big city lights, we’re inspired to continue reshaping the landscape of personal finance, and paving the way towards a brighter financial future for all Americans. We extend our sincere gratitude to Erica Wenger 🏕️ from Park Rangers Capital 🏕️ Capital and our partners at Brex for relentlessly supporting financial innovation. Here’s to chasing dreams in the greatest city on earth! #SaveMoreDoLessRepeat #Fintech #CacheInTimesSquare

In light of Monday’s 74% surge in GameStop shares sparked by a single social media post, we’ve been reflecting on the impact that online platforms have on trading behaviors. The event underscores how a tweet or meme can sway stock prices, often independent of fundamental business values. Keith Gill, known as Roaring Kitty, once again influenced the stock market without any underlying change in GameStop’s financial health, illustrating the modern market dynamics where sentiment can override traditional financial metrics. At Cache, we advocate for informed investing grounded in sound financial principles. Our Founder and CEO Liran Eliner's research during his PhD revealed that stocks heavily discussed on social media might show temporary outperformance but tend to underperform by an average of 2% in the long run compared to less hyped stocks. If you trade individual stocks, tread cautiously around those driven by social media hype. While it’s tempting to ride the wave of viral stocks, remember the risks involved. Investing should not be about chasing short-term gains at the expense of long-term stability. #GameStop #InvestmentEducation #MarketTrends https://lnkd.in/eCrMDXBE

We love this post from our Founder and CEO, Liran Eliner, about venturing outside your comfort zone! Lots going on over on our company instagram page, https://lnkd.in/dy5yHDfy . Give us a follow, enjoy regular personal finance tips, and join us for our next Live conversation! #socialmedia #comfortzone #founder #followus

At Cache, we're closely monitoring the FTC's recent move to ban most noncompete agreements. This decision could significantly enhance economic freedom and empower workers by increasing job mobility and competition. Noncompetes have traditionally protected business interests but at the expense of worker mobility and market dynamism. We support measures that balance the protection of business assets with workers' rights to pursue better opportunities. Such changes not only promote fairer wages and working conditions but also encourage companies to invest in their workforce. As advocates for financial education and empowerment, we view this as a progressive step towards enabling individuals to freely advance their careers, fostering a healthier, more competitive economy. #EconomicFreedom #LaborLaws #FinancialWellness #CareerMobility https://lnkd.in/gzMxF2Rd

Did you know Americans throw away as much as $68 million in change each year? A staggering fact revealed by Reworld Waste's efforts in recovering valuable metals, including coins, from waste management facilities. This initiative highlights a significant shift in how we perceive and utilize physical currency in an increasingly digital economy. At Cache, we're keenly aware of the evolving landscape of financial transactions. The decline in coin usage, as noted in this recent The Wall Street Journal article, reinforces a growing preference for digital payment solutions. While coins become relics of the past for daily transactions, they still hold untapped potential in unexpected places – like waste management! This serves as a critical reminder of why embracing digital financial tools is not just convenient but necessary. It simplifies transactions and ensures that your money is always accounted for – no coins lost in couch cushions or incinerators. Moreover, as we move towards a cashless society, it's essential to discuss how to make digital finance accessible for all. Cache is committed to this transition, ensuring that everyone can manage their money efficiently and securely without needing to dig through their pockets for spare change. #DigitalFinance #Sustainability #Innovation https://lnkd.in/gTUwbU9b

In an era where #retirement can feel more daunting than promising, it's crucial to rethink our approach to #saving and #financialplanning. A recent Business Insider article reveals a startling truth: Many Americans fear they won’t have enough to retire comfortably, with a Gallup poll showing 43% of non-retirees worried about their financial future post-retirement. At Cache, we understand these concerns. Retirement planning isn’t just about stashing away funds; it’s about making smart, informed decisions today that will pave the way for a secure tomorrow. Here are some proactive steps you can take: 1. Understand Your Spending: Keep track of where your money goes monthly, and identify areas where you can realistically save more. 2. Start Saving Now: The best time to start was yesterday; the next best time is today. Even small amounts can grow significantly thanks to the power of compound interest. 3. Educate Yourself on Investments: Make sure your investments are being managed with your best interests in mind, avoiding high fees and conflicts of interest. 4. Plan for the Long Term: Consider how Social Security and Medicare will play into your future financial landscape. Stay informed and make your voice heard in policy decisions that affect these programs. As unsettling as it is to think about, the reality of retirement is changing. But with the right strategies and tools, you can face the future with confidence, not fear. Let’s embrace these challenges together and change the narrative from anxiety to action. 🌟 #RetirementPlanning #FinancialSecurity #EconomicIndependence https://lnkd.in/gAWKjN-B