Friday’s need-to-know money news

Today’s top story: How a scarcity mindset can cost you mentally and financially. Also in the news: The yearly ownership costs of a new car, how much you’ll need to keep up with inflation, and how to legally ensure you’ll get your security deposit back.

A Scarcity Mindset Can Cost You Mentally and Financially
Scary economic news is everywhere, but adopting a scarcity mindset can get in the way of making wise money choices.

Buying a New Car? Prepare for Over $10K in Yearly Ownership Costs
U.S. drivers are on track to spend twice as much on gas in 2022 as in 2021 — pushing overall new car ownership costs higher.

Got an Extra $11,500? You’ll Need It to Keep Up With 2022 Prices
Even if inflation slows in coming months, Americans will have to spend thousands more in 2022.

How to Legally Ensure You Get Your Security Deposit Back
Security deposits are meant to protect the landlord, yet too often, tenants get screwed.

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