Gerri Detweiler
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gerridetweiler.bsky.social
Gerri Detweiler
@gerridetweiler.bsky.social
Supporting consumers and small business owners through financial education. #fintech

When I'm not thinking about money I'm traveling or planning the next adventure.

Views expressed are my own.
When my mom was my daughter's age she did not have the right to get a credit card, mortgage or auto loan in her own name. This article by Melanie Lockert shares how that's changed: provokedmagazine.com/50-years-of-...
50 Years of Plastic Power: How Women Won the Right to Swipe
It’s only been half a century since women could get credit in their own name. We’ve come a long way from, “Pretty please, can I buy a blender?”—but we still don’t get all the credit we deserve. The fi...
provokedmagazine.com
November 5, 2025 at 8:20 PM
Wish it weren't needed, but here's a helpful update on the government shutdown for military members and their families from @katehorrell.bsky.social .

www.katehorrell.com/government-s...
How A Government Shutdown Affects Military Families • KateHorrell
There are many different ways that a government shutdown affects military families. Here's what you need to know.
www.katehorrell.com
October 8, 2025 at 10:59 AM
Small Business Majority has been highlighting the impact of health care subsidy cuts on small business owners and entrepreneurs.

Did you know that nearly HALF of all ACA subsidies are tied to small business?

Learn more: smallbusinessmajority.org/policy/new-f...
New fact sheet: Expiring enhancements to the ACA’s premium tax credit threaten affordability for millions of small business owners and employees
If the enhanced premium tax credits (PTCs) expire at the end of this year, millions of small business owners and employees who rely on Affordable Care Act (ACA) Marketplace coverage will face steep pr...
smallbusinessmajority.org
September 30, 2025 at 7:50 PM
Gross receipts - sounds simple enough. But when it comes to taxes, maybe not. Barbara Weltman explains:

bigideasforsmallbusiness.com/tax-laws-gro...
Tax Law’s Gross Receipts Tests: What They Are and What They Mean
Tax Law’s Gross Receipts Tests: What They Are and What They Mean SMB Taxes See which small business tax breaks apply to you
bigideasforsmallbusiness.com
August 15, 2025 at 8:12 AM
1/3 of all enrolled in Medicaid nationwide are connected to small businesses—small business owners, employees, and children or other family members. Incl. approx 11 million children with parents who are self-employed or work for small businesses.
@smallbizmajority.bsky.social
July 7, 2025 at 8:23 PM
Rant. Paid $106 w/ insurance for meds that costs $26.75 on @costplusdrugs.com. (Due to upcoming travel don't have time to switch.) So tired of this system:
*You don't really know how much insurance price will be until they run it. *Costs change from month to month *None of it makes sense
June 16, 2025 at 10:00 PM
Major cuts to key SBA programs are likely to hurt the smallest small businesses: www.americanprogress.org/article/doge...
DOGE Takes a Chainsaw to the Services That Small Businesses Need
Trump administration slashes important federal services for small businesses amid tariff uncertainty.
www.americanprogress.org
May 20, 2025 at 3:18 PM
Reposted by Gerri Detweiler
If you are also worried about tariffs and supply chain shortages, and have the financial means to prepare, here is what I have stocked up on and plan to buy soon, plus what I would get if I had kids, a car or a larger home, based on reporting I've read or done myself in the last several months (🧵):
May 10, 2025 at 1:11 AM
SCORE mentors have helped more than 17 million business owners across the country. I've seen the dedication of its volunteers and staff first hand.

I'm joining the effort to aqsk Congress to continue its funding to support small businesses. You can too:
mstr.app/c7dd7a21-5ba...
We Need Your Help: Protect SCORE's Funding | SCORE Foundation
mstr.app
May 10, 2025 at 1:46 AM
"Student debt surge, reaching a record $1,797 billion, raises concerns. The end of the student loan repayment moratorium has driven higher defaults, potentially curbing consumer spending and increasing household financial stress."

New debt statistics from Fed: www.connectmoney.com/evening-brie...
Consumer Credit Rebounds in March, But Rising Student Debt Signals Risks -- Evening Brief – 05.08.25
Consumer debt rebounded in March, rising $10.2 billion according to data released by Federal Reserve late Wednesday, slightly above the $9.4 billion forecast. This follows a shocking February contract...
www.connectmoney.com
May 9, 2025 at 1:48 PM
Proposed student loan payment plans: "...RAP often leads to higher total payments, especially for low-income borrowers. (SAVE) would have offered lower monthly bills and faster forgiveness, particularly for those with smaller loans or incomes near the poverty line." www.forbes.com/sites/robert...
How The Republican Student-Loan Plan Compares To SAVE And IBR
A side-by-side look at RAP, SAVE, and IBR shows who pays more and who qualifies for faster forgiveness under each plan.
www.forbes.com
May 5, 2025 at 4:18 PM
For a couple of years I lived in a FL community with many Canadian snowbirds. I'm not there anymore, but this year has to be very different. "...reservations on the books for KOA parks in the U.S. by Canadians are down 49%...4,300 cancellations on 2025 reservations."

rvbusiness.com/canadians-st...
Canadians Staying Put Due to Economic & Political Climate - RVBusiness - Breaking RV Industry News
Recent threats of steep economic tariffs leveled at Canada have many Canadian campers changing plans for summer and winter stays at U.S. campgrounds. Many U.S. campground owners aren’t expecting to se...
rvbusiness.com
April 16, 2025 at 1:51 AM
Watch out for rising overdraft fees.
A tough economy gets tougher.

www.nclc.org/house-republ...
House Republicans Ignore Rising Prices, Vote to Keep $35 Big Bank Overdraft Fees
House votes to block CFPB’s $5 cap on big bank overdraft fees and oversight of big tech payment apps, building on tariff woes and high grocery costs.
www.nclc.org
April 11, 2025 at 4:31 PM
Reposted by Gerri Detweiler
Here are the top 15 countries and regions that collectively accounted for more than 90% of all U.S. goods imports in 2024, according to data from the Office of the U.S. Trade Representative.
Here are the top 15 targets of Trump’s trade blitz — and what Americans will pay
U.S. importers of Chinese goods will face a more than 100% tax starting Wednesday morning.
trib.al
April 9, 2025 at 3:29 PM
Review your tax return carefully even if you hire a tax professional as I do. Mine contained an expensive mistake.
April 8, 2025 at 3:12 PM
Must-read about why the SSA system should not be rapidly tampered with - especially by those who don't know what they are doing.
So, the DOGE kids intend to rewrite the social-security administration's COBOL code-base!

and they want to do it ...

... in *a few months*

I did a huge dive into COBOL a few years ago (www.wealthsimple.com/en-ca/magazi...) ...

... so let me explain why DOGE is *way* over its skis here

1/9
browse by category
www.wealthsimple.com
March 30, 2025 at 8:28 PM
Hmm....does ChatGPT know about a book I haven't written yet?
March 3, 2025 at 7:16 PM
Really good episode that illustrates why the CFPB's work is so important.

(I have felt the same way many times with consumers I've talked to about credit and financial problems. The CFPB has been a terrific resource for them.)
“I felt my stomach sink to the floor” — a credit counselor, when news broke that Trump officials were closing the Comsumer Financial Protection Bureau.

We also hear from @nclc4consumers.bsky.social on the fight to re-open it.

armandalegshow.com/episode/cfpb/
A medical-debt watchdog gets sidelined by the new administration - An Arm And a Leg
The Consumer Financial Protection Bureau is offline (for now) – what that means for people with medical debt.
armandalegshow.com
February 27, 2025 at 11:52 PM
I always say I prefer to work in silence, but I started listening to this focus music with a Pomodoro timer and it's kind of magical.

youtu.be/_7kSQKzd6Qs?...
Study With Me! 📚 Cozy LoFi Jazzhop Music & Ambience 🍅 25/5 Pomodoro Timer
YouTube video by Focus Time Music
youtu.be
February 20, 2025 at 9:59 PM
Student loan borrowers - check your credit reports regularly.
Student loan borrowers are seeing major credit drops—100 points or more—after missed payments were reported. Some didn’t even know they were late. If your score just took a hit, here’s what you can do to recover.
#studentloans
Student Loan Borrowers See Credit Scores Drop Overnight
Borrowers are waking up to lower credit scores after missed student loan payments were reported. Here’s what’s happening.
thecollegeinvestor.com
February 20, 2025 at 3:30 PM
Pennies now...nickels next?
February 11, 2025 at 4:09 PM
Reposted by Gerri Detweiler
We're accepting applications for our latest round of Content Creators grants! We fund all types of projects, as long as they're aligned with our mission.

plutusfoundation.org/grants/

...
Content Creator Grants - The Plutus Foundation
The Plutus Foundation offers grant support to financial literacy programs throughout the country. Apply here.
plutusfoundation.org
February 8, 2025 at 3:29 AM
Reposted by Gerri Detweiler
I logged into SSA.gov and downloaded the history of social security and Medicare payments associated with my account, because who knows what is going to happen to government security.
The United States Social Security Administration | SSA
Official website of the U.S. Social Security Administration.
SSA.gov
February 4, 2025 at 4:47 PM