Sign up for Reuters newsletters

By Lauren Young, Digital Special Projects Editor

Dear On the Money Readers,

Reuters is conducting research to see what you love (or hate) about this newsletter. We want to identify the topics you want to read about and help you manage your money better, faster and smarter.

Please take this super-quick survey here. 

Thanks!

Weight-loss drugs are not cheap. REUTERS/Victoria Klesty

While the number remains small, data indicate an increasing willingness among American families to embrace Wegovy, the first highly effective treatment for obesity, short of surgery. Use of the weekly injection can involve great cost, with limited data on long-term risks and benefits.

Without insurance coverage, Wegovy can cost as much as $1,300 per month in the U.S. Data so far show a majority of people who stop taking it regain much of the lost weight. It is not clear whether there are ways to avoid using it for a lifetime.

Komodo Health reviewed health insurance claims involving nearly 20 million children, or about 80% of the U.S. population aged 12 to 17. Among these patients, 2.25 million adolescents had an obesity diagnosis listed in their insurance claims during the nearly six-year period reviewed. The analysis was conducted using closed insurance claims through October 2023.

Would you consider a weight loss drug for your kid – or perhaps you’re taking one to lose weight? Is the cost an issue? 

Let me know at onthemoney@thomsonreuters.com.

Big Tech’s mixed bag. What is behind the huge swings in tech stocks? Watch Oppenheimer Asset Management’s John Stoltzfus take a deep dive into the sector here.

Money can make love complicated. REUTERS/Florion Goga 

If you have a different money style than your partner, you are certainly not alone.

In fact, more often than not, we end up with someone who has a contrasting approach to money. Indeed, in my household, my husband is the bigger shopper, and often I’m more of the saver. 

But love can often lead to some uncomfortable moments about our approaches to money.

Here are some tips for navigating a relationship minefield from Reuters.

Want to save money at the market? Don’t shop with kids. REUTERS/Sarah Silbiger

In our last newsletter, I talked about higher food costs, and I asked On the Money readers to share money-saving food tips. 

Here are a few practical ideas readers sent to me:

Check what you have on hand weekly in the fridge, freezer and cupboards, etc.

Plan a weekly menu using the above items.

If you forget something, make do with what you have on hand and avoid going to the market and being tempted to buy more than needed.

Make fresh and freeze rather than buy ready to heat and consume.

Take a sandwich to work.

– Richard D.

Shop for basics like eggs, milk, coffee and orange juice at Costco. 

“ My wife likes the rotisserie chicken, at $5-6 a whole chicken…hard to go wrong. She squeezes three meals for the two of us out of one chicken.”

– John T.

Avoid going food shopping with children.

– Gerald W. 

Got more tips or do you have a question about your money? I love hearing from readers. Email me at onthemoney@thomsonreuters.com.

American families with two or more children in college simultaneously typically got a break on federal financial aid. But that perk is gone now, and some U.S. schools may not fill the gap, according to the New York Times.

With the delay of the all-important federal financial aid form – known as the FAFSA – there are many things in flux . But if you’re worried about how much aid you’ll receive with multiple family members at school this year, the best thing to do is to ask your kid’s college about its plans. 

From battleground states to ballot counts: Understand what matters and get your weekly analysis by our experienced political correspondents on the campaign trail during the US elections. Our weekly On the Campaign Trail newsletter brings you everything you need to know to stay informed. 

Sign up for it here. 

Sponsors are not involved in the creation of newsletters or other Reuters news content.

Advertise in this newsletter or on Reuters.com

Reuters On the Money is sent every other week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here.

Want to stop receiving this newsletter? Unsubscribe here.
To manage which newsletters you’re subscribed to, click here.

Reuters Terms & Conditions and Privacy Statement