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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm much happier living in Belgium than in the U.S. - here's how much it costsJessica van Dop DeJesus, 45, relocated with her family from Washington, D.C. to Brussels, Belgium in 2021. Last year, Jessica and her husband purchased an apartment for about $587,000, where they live with their young daughter. Jessica says that despite paying higher taxes in Europe, she has gained financial security — and a sense of ease.
Persons: Jessica van Dop DeJesus, Jessica Locations: Belgium, U.S, Washington ,, Brussels, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow this millennial making $65,000 in Houston, Texas spends her moneyShonnita Leslie, 40, makes $65,000 a year in Houston, Texas between her full-time role as a program manager at a university, and part-time work as a DoorDash driver and freelance writer. She had $60,000 in federal loans forgiven in 2022 after working in public service and making consistent payments for 10 years. 08:04 3 hours ago
Persons: Shonnita Leslie Locations: Houston , Texas
Although Leslie has been chipping away at her student loan debt for about 15 years, she says it's been worth it in order to pursue her passion. Leslie used her DoorDash side hustle to help pay down her student loan debt. Leslie used her early DoorDash earnings to eliminate her car loan, then began throwing the rest at her remaining student loan balance. "It was really important that I got a lot of my student loan debt taken care of because then I was able to dedicate that back into myself and my health and my mental wellness," she says. Working toward a debt-free futureAlthough Leslie says her student loan debt is at a more manageable level, she plans to continue working part-time as a DoorDash delivery driver for now.
Persons: Shonnita Leslie, Leslie, it's, It's, Roth, she'll Organizations: CNBC, Public, Fi Insurance, Hulu, Roth IRA Locations: Connecticut, Houston , Texas, Houston, Leslie's, Texas, DoorDash
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email27-year-old turned her side hustle into a business bringing in $25,000 a monthLiz Chick, 27, started making and selling art as a side hustle to get reprieve from her "windowless office" job. Now, she runs a Brooklyn, New York-based art studio and event business called RecCreate Collective that brings in about $25,000 a month, hosting events from knitting to cake decorating. The goal, says Chick: inspire creativity and give attendees a community to connect with.
Persons: Liz Chick, Chick Locations: Brooklyn , New York
RecCreate has been profitable since December, and Chick pays herself a salary of roughly $5,500 per month, she says. Liz Chick in RecCreate Collective's Brooklyn studio CNBC Make ItWithout a professional creative outlet, Chick created a personal one. The funds came in handy when, nine months later, she found her perfect studio space. She started renting it for $2,800 per month in March 2023, subleasing it out while she built a plan for RecCreate Collective. 'Vibes are expensive'Back in the studio, Chick watches Emhoff teach attendees how to use duplicate stitches, which go on top of existing ones, to embed images onto knitwear.
Persons: Liz Chick, Ella Emhoff —, Kamala Harris —, Chick —, It's, she's, Chick, RecCreate, she'd, Chick thrifted, I've, saran, , Earnest, She'd, refinance, Emhoff Organizations: CNBC, YouTube, Parsons School of Design, RecCreate Locations: Brooklyn , New York, Chicago, New York, RecCreate Collective's Brooklyn, San Francisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrumbl: How we built a cookie company that brings in $1 billion a yearJason McGowan is the co-founder and CEO of popular dessert chain Crumbl. He co-founded the brand with his wife's cousin Sawyer Hemsley in 2017. The company has become one of the nation's fastest growing food chains with over 980 locations scattered across the globe bringing in over $1 billion in annual revenue. Crumbl has also become a digital sensation with over 16 million followers across its social media platforms.
Persons: Jason McGowan, Sawyer Hemsley, Crumbl
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow I built my $400 million-a-year dating app HingeIn 2011, Justin McLeod was a Harvard grad student who wanted to solve his dating woes. He invested his own money to start Hinge, a dating platform the company says is "designed to be deleted." What started out as a small company that struggled to compete with now billion-dollar giants like Tinder, has grown to become one of the most popular apps in the dating space. In 2023, Hinge brought in $396 million in revenue.
Persons: Justin McLeod Organizations: Harvard
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow cargo thieves are infiltrating U.S. supply chainsCargo thieves are stealing millions of dollars worth of goods every year. Strategic cargo theft is surging, where criminals engage in identity theft and internet-based fraud. CNBC visited supply chain risk management company Overhaul's Louisville, Kentucky, operations to get an inside look at how the industry is fighting back. Watch the video above to learn more.
Organizations: CNBC Locations: U.S, Louisville , Kentucky
Dumpling Daughter CEO Nadia Liu Spellman didn't grow up in your average family-owned restaurant. That upbringing taught Liu Spellman the value of sharing authentic Chinese cuisine and inspired her to open her first Dumpling Daughter storefront in 2014. Liu Spellman married her childhood sweetheart, Kyle Spellman, and moved back to Boston at the end of 2010, the year after her father died. Three months after opening, Dumpling Daughter had lines "out the door and around the building" and frequently sold out, Liu Spellman says. Liu Spellman filed a federal lawsuit, and the competitors quickly asked to settle.
Persons: Dumpling, Nadia Liu Spellman didn't, Sally Ling's, Julia Child, Liu Spellman, Liu Spellman's, didn't, Edward Nan Liuand, Sally Ling, Nadia Liu Spellman, Sally, Kyle Spellman, , Organizations: Amazon, CNBC, Weston , Massachusetts . Press Locations: Boston, New York City, Fort Lee , New Jersey, Weston , Massachusetts
Anne Mahlum, 43, founded boutique fitness chain Solidcore in 2013. Prior to starting Solidcore, Mahlum founded Back on My Feet in 2007, a nonprofit focused on helping homeless people break cycles of poverty and addiction while committing to a weekly running program. From a young age, Mahlum watched her own father struggle with addiction. And at the age of 16, she found that running helped her cope with her feelings, and developed a passion for exercise. In April 2023, Mahlum sold her remaining shares of Solidcore, stepping away from her executive chairwoman role.
Persons: Anne Mahlum, Mahlum Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicron is building the biggest-ever U.S. chip fab, despite China banMicron, Samsung and SK Hynix are responsible for making 90% of the world's DRAM memory chips, and Micron is the only one based in the U.S. That's made it the latest target of bans from China. Yet Micron is spending $115 billion to build the biggest chip project in U.S. history. CNBC visited Micron in Idaho and talked to Gov. Kathy Hochul in New York to hear about the new fabs. We also asked Senate Majority Leader Chuck Schumer about Micron ahead of his meeting with Chinese President Xi Jinping.
Persons: That's, Kathy Hochul, Chuck Schumer, Xi Jinping Organizations: Micron, Samsung, SK Hynix, CNBC Locations: China, U.S, Idaho, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Americans are relocating to Mexico City for a better lifeWhat does it take to achieve the American Dream? For some, it means moving to Mexico City. CNBC Make It spoke to several Americans who have relocated in search of a better life. For locals, it's complicated.
Organizations: Mexico City, CNBC Locations: Mexico
Moran moved to Mexico City in 2019 and is now a permanent resident and lives with Dai, her Mexican boyfriend. "When North Americans come to Mexico, especially to Mexico City, they do not come for survival reasons," Osorno says. Alberto Martinez believes that the Mexican government needs to come up with a way to control rent prices in Mexico City. In 2022, the Mexico City government partnered with Airbnb to promote the city as a global remote working hub. In 2022, Airbnb and Mexico City announced a partnership that caused an uproar among CDMX locals.
Persons: it's, Gene Kim, Kyla Moran, Moran, Dai, Tasia Jensen, Beatriz Bajuelos, Hutchins, Caitlin Hutchins, Cora, Victor, Adalia, , Aborisade, Hutchins isn't, I'm, Keith Brown, Brown, George Floyd, There's, doling, I've, Darnell, Tiara Darnell, Guillermo Osorno, Frida Kahlo, Diego Rivera, Leticia Lozano, Lozano, Anais Martinez, Martinez, It's, Leticia Lozano López, Alberto Martinez, Airbnb, Lozano López Organizations: CNBC, Mexico City, Black American, Spanish, U.S, Spotify, National Institute of Statistics, Human Rights, Osorno, Roma, Mexico's Foreign Affairs, New, of Labor Statistics, National Autonomous University of Mexico, The New York Times, Urban Regeneration, MIT, Airbnb, Nurphoto Locations: Mexico City, Mexico's, Ciudad, North America, Mexico, U.S, American, Hutchins, North Carolina, Texas, Mexico City's, United States, Buffalo , New York, Buffalo, Roma Norte, La, Osorno, Tourism Secretarait, Mexican, New York City, , La Condesa, Airbnb, Latin America, Barcelona, Florence, Congress
An introduction to ice creamBen Van Leeuwen earned money in college by driving a Good Humor ice cream truck. From left: Ben Van Leeuwen, Pete Van Leeuwen and Laura O'Neill. Van Leeuwen Ice CreamDespite their best efforts, they were only able to raise a total of $60,000 from 15 friends and family members. Van Leeuwen Ice CreamVan Leeuwen Ice Cream was a hit from day one. Van Leeuwen Ice Cream CEO and co-founder Ben Van Leeuwen at a Williamsburg, Brooklyn scoop shop.
Persons: Ben Van Leeuwen, Ben, Van, Van Leeuwen, Leeuwen, SpongeBob, hadn't, I'm, Pete, Laura O'Neill, Thomas Keller's, Laura, Pete Van Leeuwen, Van Leewen, There's, it's, Van Leeuwen's, Lauren Shamo, Tasia Jensen Organizations: CNBC, Walmart, Foods, Mister, eBay, Subaru Impreza, Prince, Kraft, Cream Locations: Washington ,, Van Leeuwen, Greenpoint , Brooklyn, New York, SoHo, Southeast Asia, Europe, Spain, Italy, France, American, New York City, York, Bronx, Greene, Van, Greenpoint, Brooklyn, Williamsburg , Brooklyn
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI left a job at Apple to open a BBQ restaurant in Mexico City—it made $9 million in sales last yearDan Defossey, originally from Long Island, New York, moved to Mexico over a decade ago as an employee for Apple. It wasn't long before he pivoted and co-founded Pinche Gringo BBQ, where customers are served a uniquely American food in the heart of Mexico City. Today, he is the CEO of a group of barbecue restaurants that brought in over $9 million in 2022.
Persons: Dan Defossey Organizations: Apple Locations: Mexico City, Long Island , New York, Mexico, American
Defossey and Luna opened the first Pinche Gringo restaurant in an airstream in 2013. The pair decided to name the restaurant Pinche Gringo, which means "Darn American," and pokes fun at the idea of them opening a BBQ restaurant in Mexico City. The Pinche Gringo BBQ warehouse is the biggest location and can hold up to 3,000 people. Being a Texas-style BBQ restaurant in Mexico City isn't the only thing that sets the Pinche Gringo brand apart. The group owns and operates seven restaurants, including sandwich shops, a bar, and the Pinche Gringo BBQ warehouse.
Persons: Dan Defossey, Defossey, Roberto Luna, Luna, Tasia Jensen, Beatriz Bajuelos Castillo Organizations: America Corps, Apple, Marketing, Latin America, Mexico City, CNBC, Defossey, Mexico City isn't, Grupo, Grupo Chilangogringo Locations: Long Island , New York, Texas, New York, Mexico City, Mexico, United States, Jamaica, agua horchata
Defossey and Luna opened the first Pinche Gringo restaurant in an airstream in 2013. The pair decided to name the restaurant Pinche Gringo, which means "Darn American," and pokes fun at the idea of them opening a BBQ restaurant in Mexico City. The Pinche Gringo BBQ warehouse is the biggest location and can hold up to 3,000 people. Being a Texas-style BBQ restaurant in Mexico City isn't the only thing that sets the Pinche Gringo brand apart. The group owns and operates seven restaurants, including sandwich shops, a bar, and the Pinche Gringo BBQ warehouse.
Persons: Dan Defossey, Defossey, Roberto Luna, Luna, Tasia Jensen, Beatriz Bajuelos Castillo, DeFoseey, Groupo Organizations: America, Apple, Marketing, Latin America, Mexico City, CNBC, Defossey, Mexico City isn't Locations: Long Island , New York, Texas, New York, Mexico City, Mexico, United States, Jamaica, agua horchata
At his grooming salon in San Diego, anything is possible: Bernedoodles become giraffes and poodles become Pokémon. Feitosa, a native of São Paulo, Brazil, opened Gabriel Feitosa Grooming Salon in 2018, capitalizing on a $1.3 billion global pet grooming market. As a dog grooming artist, Feitosa combines traditional grooming techniques with unique designs, and uses vegan, pet-friendly dyes. Finding career inspiration while running an errandFeitosa's dog grooming career began when he was 12. He left high school right before graduating to pursue dog grooming as his full-time career, working at the salon and teaching dog grooming at a vocational school based on his real-world learnings.
Persons: Gabriel Feitosa, poodles, Feitosa, São Paulo, Tasia Jensen, it's Organizations: CNBC Locations: San Diego, São Paulo, Brazil, TikTok, São, Sacramento, Calif
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBringing in $1.3 million a year as a dog grooming artistGabriel Feitosa, 31, brought in $1.3 million in 2022 with his business as a dog grooming artist. He is the owner of Gabriel Feitosa Grooming Salon based in San Diego, California. Originally hailing from São Paulo, Brazil, Gabriel is known for transforming dogs into everything from giraffes and leopards, to Pokémon and Lisa Frank-inspired animals.
Persons: Gabriel Feitosa, Gabriel, Lisa Frank Locations: San Diego , California, São Paulo, Brazil
On a warm Friday at noon, the Upper West Side, Manhattan, location of Janie's Life-Changing Baked Goods sees a steady stream of customers. Tucked below street level, the bakery's small but inviting, greeting patrons with the rich smell of butter and a colorful display of some of its signature cookies: triple berry pie crust cookie, chocolate pie crust cookie, pecan pie crust cookie, apple pie crust cookie … In the back, CEO and founder Janie Deegan is running around and putting the final touches on some other pie crust cookies. The pie crust cookie is 'my honor roll student'Even as she sold favorites like fancy cakes, Deegan experimented. She brought her pie crust cookie. CNBC Make It"I took cakes off the menu and really just concentrated on pie crust cookies and our other cookies," she says.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow I turned my love for baking into a $1 million businessJanie Deegan, 35, was homeless and battling addiction a decade ago. Now, she's 10 years sober and the owner of Janie's Life-Changing Baked Goods, a bakery that brought in over $1 million in 2022. The bakery is famous for its pie crust cookies, which ships across the U.S. and are available at retail locations in New York City.
The young entrepreneur made waves as a teenager by scoring over $2 million in college scholarships, which allowed her to graduate debt-free from Princeton University in 2022. Through brand deals, digital products and private consultations, her business, Growing With Gabby, earned $177,000 in 2022. Gabby Carter, 22, earned $133,000 last year from her corporate job and her business, Growing with Gabby. But throughout high school and during college, she won 35 different scholarship awards totaling over $2 million — enough to graduate debt-free and with over $100,000 in savings. "That made people very curious about how I was able to have scholarship success."
This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI live in a $725/month luxury tiny home on wheels near Boulder, Colorado - take a look insideJen Gressett, 51, lives in a luxury tiny home on wheels near Boulder, Colorado. She paid $175,000 to complete the home, and pays $725 a month to park it in the backyard of someone's house. Jen stumbled upon tiny living as an affordable option with a single income and two kids after her marriage ended. Today, she says, "happiness comes in all shapes and sizes, and it's never too late to start over and learn new things." 08:11 an hour ago
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy egg prices are out of control right nowBy the end of 2022, eggs cost an average of 60% more than the year prior, according to data from the U.S. Bureau of Labor Statistics. In New York City, some reported paying up to $10 or more for a dozen eggs. Not only are eggs the latest product to suffer from high inflation, but the industry is also battling a deadly avian flu that threatens to wipe out entire flocks of birds. The impact has been felt from the farm, all the way to small business owners across the country.
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