DIRS.INFO The most relevant business & tech news

For example, your company may offer a 401(k) match of 3% up to $3,000 annually. Experts say taking advantage of a 401(k) match is one of the easiest ways to grow your money in the stock market. Start maxing out your 401(k) deferralAnother strategy that Alba suggests for millennials with full-time jobs is to max out your 401(k) deferral. A 401(k) deferral rate is the percentage of wages contributed to a 401(k) plan through your employer. Alba recommends working with a financial planner to gradually increase your contributions to max out the 401(k) deferral limit.

☆ I used a HELOC to become an Airbnb millionaire. It was risky, but the strategy paid off big time — here's how I set up this secondary income stream.
▼ + stars: | 2022-11-21 | by ( Bryce Decora | ) www.businessinsider.com time to read: +13 min

This was the beginning of a world of real estate that would change our lives foreverDeCora's Bellevue Airbnb. If the real estate market started trending downward at this time, this story may not have had such a happy endingExtending your debt to the max in real estate is the equivalent of an all-in poker move. Our three-house real estate portfolio is worth around $2.5 million and we only have $1.35 million in mortgage and HELOC debt. Once you get over the scary leap, you'll see real estate as a simple way to building a massive empire. Bryce DeCora is a former engineer turned real estate investor and a father of two.

The cases were weeks apart and eerily similar: Two young men at popular New York City gay bars. Both of their bank accounts were drained. The New York City Police Department said that the city’s medical examiner is still determining the official causes of Ramirez’s and Umberger’s deaths. John Umberger was found dead in New York City in May and his bank accounts were drained. “It’s horrifying and infuriating that people are being preyed upon and victimized in New York City in this way,” Bottcher said.

☆ I'm a travel nurse. You can make $6,000 a week and live in cool places — but some jobs are too good to be true.
▼ + stars: | 2022-11-17 | by ( Jenn Morson | ) www.businessinsider.com time to read: +6 min

Ali Brown is a travel nurse currently based in Billings, Montana. Brown became a travel nurse in 2014, and loves the pay and travel. You need to show that you're really paying a mortgage that is fair market value, not just taking the money for other uses. My experience as a travel nurse has taught me so many different layers of perspective that I can use in my career moving forward. Are you a travel nurse with a story about the job?

☆ If you need a unique holiday gift, rewards cards like the Amex Platinum and Capital One Venture X let you gift airport lounge access, Global Entry, charitable donations, and more
▼ + stars: | 2022-11-16 | by ( Sarah Silbert | Jasmin Baron | Read More | ) www.businessinsider.com time to read: +38 min

You credit card rewards could unlock a unique gift for a friend or family member this holiday season. Annual travel credit can effectively shave $300 off the annual fee if you use it Check mark icon A check mark. Both the Chase Sapphire Reserve® and Capital One Venture X Rewards Credit Card include Priority Pass airport lounge membership for authorized users. With the Capital One Venture X Rewards Credit Card, primary cardholders and authorized users can also access Capital One Lounges and over 100 Plaza Premium Lounges worldwide. One method is to redeem Chase Ultimate Rewards points for charitable donations through the Pay Yourself Back feature.

☆ NYPD confirms it is investigating the deaths of 2 gay men earlier this year
▼ + stars: | 2022-11-14 | by ( Matt Lavietes | Matt Lavietes Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +2 min

The New York City Police Department confirmed Monday that it is investigating a string of robberies and assaults that may be connected to the deaths of two gay men earlier this year shortly after they left gay bars in Manhattan's Hell's Kitchen neighborhood. In April, Ramirez, a 25-year-old social worker, was found dead in the back of a taxi an hour after being seen leaving the Ritz Bar and Lounge with three unidentified men. About a month later, Umberger, a 33-year-old political consultant, was found dead after he and two unidentified men left another popular Hell's Kitchen gay bar, the Q. The unidentified men transferred about $20,000 out of Umberger's bank accounts and maxed out his credit cards, according to Umberger's mother, Linda Clary, who also believes her son was drugged. Neither a representative for Bottcher's office nor for the New York County District Attorney’s Office immediately responded to a request for comment.

☆ Walmart's PAC has quietly donated nearly $1 million to campaigns ahead of the midterms. While the company has a ''don't rock the boat strategy,' it contributed to 41 election deniers.
▼ + stars: | 2022-11-07 | by ( Ben Tobin | Madison Hall | ) www.businessinsider.com time to read: +8 min

WALPAC donated almost 50-50 to Democratic and Republican federal candidates for the midterms. Walmart's PAC donated to 41 candidates who denied the 2020 presidential election results, ProPublica found. Of that, about 53% went to Republican candidates, and 47% went to Democrats. Some members of Congress, particularly among Democrats, also reject any corporate PAC contribution — WALPAC or otherwise — as a matter of practice. However, the company did donate a significant amount of money to candidates who voted against certifying the 2020 presidential election results.

☆ Peloton Co-Founder Maxed Out Pledged Shares to Cover Margin Calls
▼ + stars: | 2022-10-28 | by ( Sharon Terlep | ) www.wsj.com time to read: 1 min

John Foley , the former CEO of Peloton Interactive Inc., nearly doubled the amount of shares that he has pledged to cover personal loans taken out against his stake in the fitness-equipment maker. Mr. Foley pledged as collateral more than 6.7 million Class A and Class B shares, or 41% of his 16.4 million holdings, as of Oct. 4, a securities filing shows. Peloton’s policy limits such pledges to 40% of an executive’s or board member’s holdings.

Ed Fischbach, on his farm in Spink County, S.D., said no to the carbon pipeline on his land. But some energy experts say safety is an issue with carbon capture pipelines — carbon dioxide doesn’t like to stay put, and the fear is that a pipeline could rupture and leak. Asked about the Mississippi leak, Hill of Summit Carbon Solutions characterized the event as tragic but anomalous. Braun says she is afraid the Summit pipeline will disturb sacred land around Whitestone Hill. Both Braun and Locke say they are happy to be forging new ties with farmers and ranchers in opposition to the Summit project.

When you connect a credit card to your account and use that card for purchases, you get the convenience of paying with PayPal plus any benefits you get from using a credit card. $0 Apply now On Chase's website Learn more On PayPal's websiteYou also get to earn rewards on purchases made through PayPal with a credit card, which can be especially fruitful if you use a credit card that gives you bonus points on PayPal purchases. Review: PayPal Cashback Mastercard reviewBest credit cards for PayPal purchases frequently asked questions (FAQ)Are PayPal credit cards the best cards for online shopping? The rewards credit cards featured above offer bonus points on PayPal purchases, but there are plenty of other credit cards that can help you boost your rewards haul when you shop online. Are PayPal credit cards the best cards to use with PayPal?

☆ 401(k) contribution limits 2023: IRS increases amount you can save in your retirement account
▼ + stars: | 2022-10-21 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +3 min

The IRS on Friday announced a record increase in contribution limits to 401(k) and other tax-deferred retirement plans for 2023. That’s $2,000 – or roughly 9.8% – more than the current $20,500 federal contribution limit. The jump is largely due to inflation, to which the contribution limits are indexed. Increases in IRA contribution limits tooContributions to traditional IRAs and after-tax Roth IRAs will increase as well – to $6,500 from $6,000 currently, an 8.3% rise. The retirement contribution limits weren’t the only inflation-related news from the IRS this week.

Redeeming credit card points for cash back or statement credits when you're in a pinch can help you through a recession. Alyssa Powell/InsiderI accumulated over 300,000 credit card points during the pandemic because I didn't use them for travel. Using credit card points for cash back, gift cards, statement credits, and merchandise will help me stay on budget. Here are the ways I'm planning on strategically using a big chunk of my credit card points in case a recession hits hard. One way I can do that is by redeeming some of my existing credit card points for cash.

☆ Self-made millionaire who retired early: 'Do these 5 things now or you'll regret it later in life'
▼ + stars: | 2022-10-05 | by ( Steve Adcock | ) www.cnbc.com time to read: +4 min

Steve Adcock and his wife Courtney retired early in their 30s and now live a happy, simple life in Arizona. Zoom In Icon Arrows pointing outwards Illustration: Ash Lamb for CNBC Make ItIn my early 20s, I was so afraid of failure that instead of addressing what scared me, I hid behind my potential. Zoom In Icon Arrows pointing outwards Illustration: Ash Lamb for CNBC Make ItI had a habit of comparing myself with coworkers and people in the industry. Zoom In Icon Arrows pointing outwards Illustration: Ash Lamb for CNBC Make ItI used to go through life assuming that people were watching my every move. Zoom In Icon Arrows pointing outwards Illustration: Ash Lamb for CNBC Make It

I joined the Air Force after two years of college and being nowhere close to a degree. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Rewards Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $95 *Waived for existing Honors Advantage Members Rewards Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $0 Rewards Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

You also get to earn rewards on purchases made through PayPal with a credit card, which can be especially fruitful if you use a credit card that gives you bonus points on PayPal purchases. Note that credit card lenders may use many different variations of credit score models when considering your application. Review: PayPal Cashback Mastercard reviewBest credit cards for PayPal purchases frequently asked questions (FAQ)Are PayPal credit cards the best cards for online shopping? The rewards credit cards featured above offer bonus points on PayPal purchases, but there are plenty of other credit cards that can help you boost your rewards haul when you shop online. Are PayPal credit cards the best cards to use with PayPal?

From a young age, my dad taught me to save 10% of any money I earned or was given. Annual Percentage Yield Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. 0.36% to 0.85% APY Minimum Deposit Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $100 Annual Percentage Yield Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $0 Annual Percentage Yield Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

Netflix's new documentary "Get Smart With Money" features Ariana, a mom of 2 with $45,000 in credit card debt. One mentee, Ariana, is a mom of two who has $45,000 in credit card debt and over $100,000 in student loans. After 9 months, her credit card balances were down to $16,000Using the automatic paycheck split to separate her money, Ariana was able to pay off $19,000 in credit card debt, with $26,000 left to go. "Credit card debt is cancerous," warns Aliche, as she encourages Ariana to wean herself off of them completely and only spend from her debit card. After a year, Ariana had just $5,000 in credit card debt leftAt the one-year mark, according to the documentary, Ariana only had $5,000 in credit card debt left.

☆ Patagonia founder's big donation potentially saves him over $1 billion in taxes — and experts say it shows how the wealthy are able to 'entirely opt out of taxes'
▼ + stars: | 2022-09-16 | by ( Juliana Kaplan | Grace Kay | ) www.businessinsider.com time to read: +9 min

The donations could save the Patagonia founder's family over $1 billion in taxes, experts calculated. "Instead of extracting value from nature and transforming it into wealth for investors, we'll use the wealth Patagonia creates to protect the source of all wealth." It also might give Chouinard and his family a big tax break, experts who monitor such big transactions told Insider. A Patagonia spokesperson told Insider the Chouinard family did not ask to create a company structure to avoid taxes. Russell James, director of graduate studies in personal financial planning at Texas Tech University, said that the ultra-wealthy generally "can't even use charitable income tax deductions."

☆ With stocks falling again, here's how to protect your portfolio
▼ + stars: | 2022-08-29 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

Now stocks appear to be reversing course, having fallen steeply in the wake of Powell’s address. While it may be a bumpy road ahead, there are ways to mitigate potential damage to your portfolio in the coming months. Forget timing the marketYou may be tempted to sell equities and move the proceeds into cash or a money market fund. You’ll tell yourself you will move the money back into stocks when things improve. So check to see that your current allocation to stocks and bonds matches your risk tolerance and your ideal retirement date.

☆ My partner and I reduced our cost of living by 80% and saved over $100,000 after moving into a van. Here why it's the best decision we've made.
▼ + stars: | 2022-08-03 | by ( Pollyanna Brown | ) www.businessinsider.com time to read: +6 min

This is how van life has enabled them to save $108,000 since 2020, as told to PollyAnna Brown. In September 2020, I got a management company to bring me brand deals for user-generated content — content that aligned my channel with sponsored items. By cutting our expenses, growing my business, and doing van life our way, we've saved $108,899.92 in just over two years. Van life also requires more oil changes, and we had to increase our phone plan so that we could hot spot for WiFi. That's how we've approached van life, and we love it.

☆ Here's how I used a HELOC to become an Airbnb millionaire at 30. It was risky, but my strategy paid off.
▼ + stars: | 2022-07-16 | by ( Bryce Decora | ) www.businessinsider.com time to read: +13 min

☆ I'm a 'dad for hire.' I've assembled furniture, given car-loan advice, and even attended a parent-teacher conference.
▼ + stars: | 2022-06-18 | by ( Jenny Powers | ) www.businessinsider.com time to read: +7 min

As the dad of three now-grown sons, being a parent is one of the things that has always made me happy. Over the nearly 4 years I've been in business, I've pretty much seen and done it allHowever, the most common job I'm tasked with is assembling or rebuilding furniture. There's also one particular Ikea bed I've been tasked with rebuilding so many times for so many different people, I've nicknamed it "Frankenbed." As a dad, I'm not just going to walk into your apartment and just do the task and leave. It's also one of the reasons I haven't scaled my business and remain the sole dad for hire at the moment.

☆ I'm a 23-year-old who's saved more than $107,000 by waitressing and bartending in Nantucket and Aspen. Here's what it's like being a seasonal worker.
▼ + stars: | 2022-03-02 | by ( Lauryn Haas | ) www.businessinsider.com time to read: +15 min

Sam Madden, 23, has worked as a nanny, waitress, and bartender in Nantucket and Aspen for six years. I had some money saved to pay for rent because I'd worked at McDonald's and Olive Garden throughout high school. In the main house, there were a bunch of college guys and girls who all worked at the Nantucket Yacht Club, and I thought that their summer looked like so much fun. My manager saw that I had bartending on my résumé from the yacht club and asked if I wanted to start bartending. She lived with a manager of a restaurant called Cru, which is kind of the "It" restaurant on the island.

☆ Ready to start saving? Do it in this order
▼ + stars: | 2022-03-01 | by ( Beth Braverman | ) edition.cnn.com time to read: +6 min

Financial experts generally advise saving 10% to 15% of your income, but if that’s not possible right now, start setting aside whatever you can and increase the amount over time. A Health Savings AccountIf you have a high-deductible health plan through work, you might also have access to a health savings account. Money goes in tax-free, grows tax-free, and comes out tax-free if you use it for qualified medical expenses. Max out your 401(k) or other retirement savings accountsOnce you have your basic savings plans in order you can start really boosting your retirement savings. Individuals health plans with deductibles of at least $1,400 are considered to be high-deductible and are eligible for a Health Savings Account.

☆ It's your last month to use credit card benefits that reset each calendar year — and avoid missing out on valuable statement credits and bonuses
▼ + stars: | 2021-12-27 | by ( Eric Rosen | Read More | Read Less | ) www.businessinsider.com time to read: +39 min

Make sure you use up credit card statement credits and meet spending thresholds for bonuses by December 31. Milos Dimic/GettySome credit card perks, such as statement credits or spending bonuses, reset each calendar year. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay. More Information Earn 80,000 Membership Rewards® points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. The Southwest Rapid Rewards® Premier Credit Card,Chase Southwest Rapid Rewards® Priority Credit Card, and Southwest® Rapid Rewards® Performance Business Credit Card all earn Tier Qualification Points (TQPs) toward elite status based on spending.

Search resuls for: "maxed"

25 mentions found