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☆ Harvard-trained investor says this is the 'really powerful' financial lesson she wishes she’d learned at a young age
▼ + stars: | 2024-02-24 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Alexa von Tobel realized the importance of being financially savvy at a young age, but she still wishes she'd learned more about money as a kid. Like most children in the U.S., von Tobel received "no formal education" on personal finance. "Appreciating that you can have your dollars work hard for you, and on behalf of you, is a really powerful concept," von Tobel says. 'A skill set that you need for your whole life'Given her success as a fintech founder and investor, von Tobel clearly mastered that particular financial lesson eventually. "That concept is very powerful," von Tobel says.

Persons: Alexa von Tobel, she'd, von Tobel, Von Tobel's, von Tobel's, von, Von Tobel Organizations: Harvard University, CNBC, Northwestern Mutual Locations: U.S

☆ 3 simple ways to teach your kid about money and 'change their life,' says Harvard-trained investor and author
▼ + stars: | 2024-02-18 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Money is, simply, "a tool to help you live the life you want to," von Tobel says. Keep it practicalTalk to your kids about money in ways that make sense to them, von Tobel advises. "When you're walking through a store and your child wants something, pick it up [and] show them the price," says von Tobel. Adults often associate money with stress, because they're only thinking about "the things you didn't have," von Tobel says. "Trying to orient kids to have very positive, empowering moments around money early in their lives, we know from data [that] can change their life."

Persons: Alexa von Tobel, Von Tobel, It's, von Tobel, doesn't, Tobel Organizations: Harvard University, Northwestern Mutual, National Financial Educator's, CNBC

☆ Investor who studied at Harvard's 'Happiness Lab' shares the No. 1 thing that 'actually drives happiness'—it isn't money
▼ + stars: | 2023-08-23 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Alexa von Tobel learned at Harvard University that money doesn't buy happiness. But despite her own financial success, von Tobel, 39, says she's derived the most happiness throughout her career from "the intangibles that money can't buy." "Through my time at Harvard's Happiness Lab during my undergrad years, I really gained a new perspective on what drives happiness," von Tobel tells CNBC Make It, adding: "What actually drives happiness are the simple routines and the daily rituals in our lives that create community and connectedness." In college, von Tobel earned Magna Cum Laude honors for a senior thesis on happiness in the small country of Bhutan, according to her LinkedIn profile. "The daily effort drives happiness, not the outcome," says von Tobel.

Persons: Alexa von Tobel, She's, von Tobel, she's, Von Tobel, Tal Ben, Shahar, Shawn Achor, It's, Warren Buffett Organizations: Harvard University, Northwestern Mutual, Harvard, CNBC, Magna Cum Laude Locations: Bhutan, LearnVest

☆ The No. 1 thing successful people never do, from an investor who sold her startup for $375 million
▼ + stars: | 2023-08-09 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

It takes confidence to launch your own business, but overconfidence can be a recipe for failure. That's why Alexa von Tobel warns not to get too caught up in your own success. People were clearly excited about the business, and von Tobel knew she'd "hit [on] something" with the idea. As a first-time entrepreneur, von Tobel didn't get carried away with her company's early success. Making sure you retain some "healthy paranoia" doesn't mean you have to live in constant fear of failure, von Tobel notes, or be afraid of celebrating wins, in order to be successful.

Persons: Alexa von Tobel, LearnVest, von Tobel, she'd, didn't, von Tobel didn't, Warren Buffett Organizations: CNBC, Northwestern Mutual Locations: Harvard

☆ How a Harvard grad school dropout launched a startup during the Great Recession—and sold it for $375 million in just 7 years
▼ + stars: | 2023-07-28 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +7 min

In 2007, while working as a Morgan Stanley analyst, von Tobel started working on a 75-page business plan. A year later, she entered Harvard Business School, assuming she'd need training and connections to launch a successful startup. She credits her detailed business plan, and her conviction that she could tap into an underserved market of people who urgently needed help. Fast forward, I went to Harvard and Harvard Business School, and I remember being taken aback that there was zero education about the wallet and our finances. I was in this extremely cozy, safe cocoon with a clear life plan.

Persons: von Tobel, Morgan Stanley, Von Tobel, Von, hadn't, would've Organizations: CNBC, Harvard Business School, Northwestern Mutual, Harvard, Alexa Locations: New York, America

☆ KKR's top tech exec details the firm's 3-year migration to the public cloud, and how the PE giant is leveraging the tech to streamline how deals get done
▼ + stars: | 2023-01-10 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

KKR is moving its technology and infrastructure to the public cloud by year end. The finish line is in sight for Emilia Sherifova, KKR's top tech exec who is spearheading the firm's multi-year migration to the public cloud. KKR's cloud migration has been years in the making. Under Sherifova, KKR has more than doubled its number of cloud-focused engineers, she said, declining to specify numbers. No longer are regulatory and security concerns barring finance players from moving mission-critical systems, like exchanges' matching engines and banks' core banking platforms, to the public cloud.

☆ Startup founders are panicked amid a market meltdown, but most VCs don't want to hear it. 'It's like don't ask, don't tell.'
▼ + stars: | 2022-10-11 | by ( Melia Russell | ) www.businessinsider.com time to read: +12 min

"It's like don't ask, don't tell," Josh Felser, a successful founder and outspoken investor, said. The following report on how startup founders are coping with the funding crunch was originally published on August 4. Seven Seven Six partner Katelin Holloway. Her investor, Seven Seven Six, pays for its founders to participate. Caleb Frankel, whose Seven Seven Six-backed startup, EarlyBird, helps families invest in their kid's financial future, wants desperately to have kids, but he and his wife have struggled with pregnancy loss.

As a personal-finance nerd, my friends and family regularly ask me for advice on how to take control of their money. But my first advice is to do something a bit simpler: Open a high-yield savings account. A high-yield savings account is a regular, FDIC-insured savings account, just like the one many people have with their big banks. A high-yield savings account, on the other hand, is a low-risk, low-stress savings vehicle. Everyone should have a high-yield savings accountI originally opened a high-yield savings account in 2013.

Persons: I've, isn't, Insider's, —, Ally Financial Organizations: Service, Northwestern Mutual, Federal Reserve, FDIC Locations: It's

We've made learning about money easier for you by compiling a list of some of our go-to websites for money advice. CNN MoneyWhy we like it: If you're more interested in breaking news that has to do with money, you'll like CNN Money. CNN Money covers personal finance as well as featuring articles on the economy, small businesses, and luxury. He curates the best money articles from a wide web of personal finance bloggers and writers — "rockstars" — and then shares them on Rockstar Finance. You can sign up by email to stay up to date and receive the new rockstar articles daily.

Persons: Guo Bobi, We've, Kiplinger, Wise, NerdWallet, Rich, Ramit Sethi, Sethi, — Organizations: Kiplinger, Credit.com, Reading, Google, Facebook, CNN, New York Times, New York, Rockstar Finance, rockstar

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