Archives for August 2020

Google Plus Class Action Settlement: Up to $12 Cash Payment

Posted on August 5, 2020 // Leave a Comment

I received an email that Google settled a class action lawsuit claiming that the now-defunct Google+ social media service exposed your personal data in a harmful manner. You can submit a claim here, where you must attest to all of the following:

  • I was a user of the consumer Google+ service while a resident of the United States at some point during the period from January 1, 2015 to April 2, 2019.
  • I entered private (meaning non-public) information in at least one of my Google+ profile fields that was not set to be shared publicly; and
  • Either I shared that information with another Google+ user through the Google+ service or I authorized an app to access my Google+ profile field information.

The maximum award is $12 cash, depending on the total number of claimants: “Class Members who submit a Valid Claim may receive a pro rata share of the Net Settlement Fund up to a cash payment of $12.00 depending on the number of claimants.” They will ask for name, address, and e-mail address. You can opt for payment via PayPal or ACH transfer (must provide bank routing and account numbers). According to the site, it looks like there will be $7.5 million set aside for claims, attorney fees, etc. Claim must be submitted no later than 10/8/2020.

Filed Under: Deals & Offers //

Kneading Dough Podcast: Athletes Talk Openly About Money

Posted on August 3, 2020 // Leave a Comment

Another podcast that I discovered late is Kneading Dough, where famous athletes sit down and talk openly about their finances. Created by UNINTERRUPTED (founded by Lebron James and Maverick Carter) and sponsored by Chase, guests over the three seasons range from Lebron James to Serena Williams to Simone Biles. The description sounded similar to Celebrity Money Diaries.

Despite the old saying about death and taxes, studies show that personal finance is actually the most difficult topic for most Americans to discuss. But while most Americans aren’t comfortable revealing their finances, athletes’ money mistakes are splashed across newspapers and the internet.

Chase’s Kneading Dough series connects the money challenges of average people to the hard-earned lessons of pro athletes. In exclusive, one-on-one interviews, famous athletes discuss how they learned to budget responsibly, balance the needs of career and family, and prepare for retirement.

You can view all of the shorter video interviews on this YouTube playlist, but the podcast version includes the full unedited interviews.

In the end, these are often people who were not born into wealth, so I did find them relatable and enjoyed the casual conversational style. You hear straight from Lebron how he handled the fame and responsibility of becoming the family breadwinner at age 18 (and how other athletes handled huge windfalls and learned to manage their budgets), but also how one navigates the more modest WNBA max salary of $110,000 a year (now higher but the average player earns $130k). There are amusing moments like how Serena Williams tried to deposit her first million-dollar tournament check at the local bank drive-thru window, which the teller didn’t know how to handle.

Filed Under: Entrepreneurial, Inspirational //
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