GO in the Know: Social Security Card Name Change Info & Top Financial News for August 12 – GOBankingRates

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It’s Friday and National Vinyl Record Day. Sounds good to us! Before you jam out this weekend, make time to get caught up on today’s top financial stories.
Virtually every major financial task in life requires you to present your Social Security card for identification and tracking purposes. In the event of a name change, can you do it online?
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Bonus Offer: Open a new Citi Priority Account by 1/9/23 and earn up to a $2,000 cash bonus after completing required activities.
In mid-July, CBS News reported that vehicle repossessions had surged, with repos doubling even among buyers with good-to-excellent prime credit. The trend is a troubling sign that industry experts worry indicates a market bubble poised to burst.
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It is common for adult children to care for their parents as they grow old, but must that include financial assistance? A number of Americans fear that it may — and that they won’t be able to cover the expense of their aging parents. The main driver of concern right now? Inflation.
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Do you think you have what it takes to save enough to retire before you enter your fifth decade of life? Here’s what you’ll have to do along the way.
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Heather Taylor is a senior finance writer for GOBankingRates. She is also the head writer and brand mascot enthusiast for PopIcon, Advertising Week’s blog dedicated to brand mascots. She has been published on HelloGiggles, Business Insider, The Story Exchange, Brit + Co, Thrive Global, and more media outlets. 
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