Coffee Talk from Honor Credit Union – Thursday, July 8

coast-coffee-talk-flipper
coast-coffee-talk-flipper
TODAY IS:
National Freezer Pop Day: A good day for an ice pop.

Why do dogs circle before they do their business? There are a number of theories. One is that they are giving a 360-degree look at their surroundings before getting in that vulnerable position. Another is that they are spreading their scent to mark their territory – kind of like with pee marking. Then there’s the theory that they are making themselves a nice, clean place to go to the bathroom. And then there’s the magnetic field theory. This one claims that dogs use the force of the Earth’s magnetic fields to choose their pooping place, preferring the north-south axis of the Earth. According to researchers at a university in Prague, dogs prefer to “excrete with the body being aligned along the north-south axis.” Well, there you have it … sort of.

When did you get serious about your finances? A new study has found that, on average, we hit our peak financial recklessness at the age of . . . 22. While they zeroed in on that age, most people said they didn’t think about their finances or budgeting enough when they were younger . . . and that they were 25 before they started “growing up” in terms of handling their money. But by that point, some people suffer dings to their credit score.  The average respondent hit their credit score low point when they were 27. 58% said they don’t think they would’ve EVER gotten their money in order if it weren’t for having a “rude awakening” . . . things like having a child, being cut off from their parents, or applying for a home loan. Or, you know, the pandemic.  45% of people said last year was a financial rude awakening for them.

Speaking of finances, you may be waiting a while for your tax return. There’s word the IRS is a mess! A congressional report says nearly 35 million tax returns still haven’t been processed and only 3 percent of phone calls to the IRS are being answered (sounds like an airline). Millions of Americans are waiting for an average return of about 28-hundred bucks.