DIRS.INFO The most relevant business & tech news

☆ Investors should stay with their long-term financial plans no matter who is in the White House, advisors say
▼ + stars: | 2024-11-11 | by ( Sharon Epperson | In Sharoneppersoncnbc | ) www.cnbc.com time to read: +2 min

Yet, Wall Street's reaction to the election outcome does not reflect how many Americans feel about the state of their personal finances, some financial experts say. Feelings, however, should not overshadow anyone's focus when assessing the potential impact of a second Trump presidency when it comes to finances, advisors say. "Stick to your long-term financial plan, adjusting only when your personal circumstances or goals change." However, improving your personal economy is possible by taking better control of your money, experts say. Increase savings goals Boost savings goals in accounts that also offer tax breaks.

Persons: Sharon Epperson, Stocks, Donald Trump, Rianka Dorsainvil, Dorsainvil, Roth, Roth IRAs, you've, Lee Baker, Joe Biden Organizations: Federal Reserve, Dow Jones, Nasdaq, Trump, YGC, CNBC, Financial, U.S, Reuters Locations: Atlanta

☆ You can work at McDonald's and still become a millionaire, a financial psychologist says
▼ + stars: | 2024-11-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +8 min

Bernd Vogel | Stone | Getty ImagesBrad Klontz was drawn to financial psychology after the tech bubble burst in the early 2000s. GI: Does this suggest that people, no matter their socioeconomic circumstances, can lift themselves out of poverty if they adopt a rich mindset? A rich mindset puts an emphasis on owning their time versus owning a bunch of stuff. Bradley T. Klontz, Psy.D., CFP, is an expert in financial psychology, behavioral finance and financial planning. You can work at McDonald's your entire life and be a millionaire if you have that mindset.

Persons: Bernd Vogel, Stone, Brad Klontz, Klontz, Adrian Brambila —, Greg Iacurci, That's, I've, It's, I'm, They're, they're, Bradley T, Bradley Organizations: CNBC, Financial Wellness, IRA, BK Locations: McDonald's

☆ Micro-trends are taking over social media, and keeping up can be really expensive
▼ + stars: | 2024-10-24 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Fast-moving fashion micro-trends on social media can drive impulsive spending. A novel aesthetic or "-core" circulates on social media every few weeks, prompting consumers to buy in. 'The perfect profitability storm'Fast fashion, social media, and retailers like Shein have together created "the perfect profitability storm for the businesses and influencers using them," said Anthony Miyazaki, a marketing professor at Florida International University. Along with social media algorithms, micro-trends are being fueled by the cycle of doom spending: buying unnecessary stuff to feel better. "While it's easy to get caught up in what others are doing, it's important to remember that not everything is as it seems on social media," she said.

Persons: —, it's, Anthony Miyazaki, Miyazaki, Instagram, Tubefilter, Shein, Elysia Berman, Berman, TransUnion, Dan Pallesen, Pallesen, Bill Ryze, Ryze, Julie Guntrip, influencers, Guntrip, Baeckström Organizations: Service, King's Business School, Florida International University, Federal Reserve, Jenius Bank Locations: London

☆ 'Your Rich BFF' finance creator has struck a new deal with Vox Media as the influencer podcasting space heats up
▼ + stars: | 2024-10-03 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

Finance creator Vivian Tu's podcast has a new home at Vox Media and wellness brand PS. Vox Media and Tu share why the partnership made sense and what helped seal the deal. Now, 30-year-old Tu is partnering with Vox Media and the newly rebranded wellness brand PS, formerly known as PopSugar, to launch a second season of the podcast. Vox Media was one of many suitors vying for the chance to collaborate with Tu, but they won because of an aligned vision and handing over creative control. AdvertisementAccording to Xu, Vox Media and Tu will work very closely together on the podcast's sales, marketing, and distribution, such as posting teasers of new episodes across Your Rich BFF and PS' social media accounts.

Persons: Vivian Tu's, —, Vivian Tu, Morgan, Tu, Ryan Serhant, Cassey Ho, Ankur Jain, I'm, Alix Earle, Jake Shane, It's, Gen Zers, millennials, they're, Vivian, there's, Lillian Xu, Vox, Xu, Rich BFF, you've Organizations: Vox Media, Service, YouTube, Business, Spotify

☆ A prominent finance creator has struck a new deal with Vox Media as influencer podcasting heats up
▼ + stars: | 2024-10-02 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

☆ Student loan payment 'on-ramp' ends, putting some borrowers at risk of delinquency
▼ + stars: | 2024-10-02 | by ( Jessica Dickler | ) www.cnbc.com time to read: +5 min

watch nowThe one-year grace period for student loan borrowers who miss a payment expired this week. The goal of the 12-month "on ramp" to repayment was to give borrowers some breathing room as they worked student loan payments back into their budgets. Some borrowers haven't made payments in yearsCongress initially passed legislation to allow federal student loan borrowers to pause their loan payments in March 2020 as part of the Covid economic response. It's now been roughly a year since student loan payments resumed. TransUnion data shows that just over half of student loan borrowers made payments over the past several months.

Persons: servicers, haven't, they've, Billy Hensley, Intuit Credit Karma, Karma, Brandon Bell, Ted Jenkin, Jenkin, Sallie Mae's, delinquencies, Liz Pagel, hasn't, Pagel, Andrew Housser, Housser Organizations: National Endowment, Financial Education, CNBC, Financial Wellness, Board, Intuit Credit, Rice University Library, Getty, CNBC's, College, Finance Locations: HOUSTON , TEXAS, Houston , Texas, Atlanta

I grew up working class and learned good work ethic from my parents. The novelty of cap erasers and Airheads from the school store wore off fast, and money didn't have much luster. In our part of Wisconsin, with its German roots and farm families, work ethic is our moral code. What 'good work ethic' means for your financesBecause it's in my DNA, I can't help but see a strong work ethic as a virtue. What I wish I'd learned about money earlierI'll always be grateful for the work ethic I learned from my parents ... and I wish I'd gotten the nuances of money a bit earlier in life.

Persons: —, didn't, I'd, you've, I'm, fritz, it's, I've Organizations: Service, Quicken Locations: Midwest, Wisconsin

☆ It's not always 'a sexy thing' to be a millionaire, former NFL linebacker Brandon Copeland says. Here's why
▼ + stars: | 2024-09-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +10 min

Brandon Copeland Copeland MediaBrandon Copeland is a former NFL linebacker turned coach. Brandon Copeland: Feeling unprepared for some of the major financial decisions in life. I think that's important to start to develop your stomach. I always break that down as, that's a lot of Chipotle burritos, that's a lot of dinners, that's a lot of time with my family at the water park. Brandon Copeland Copeland MediaGI: One of the first things that you encourage people to do in the book is say aloud to themselves, "I can be wealthy."

Persons: Brandon Copeland Copeland, Brandon Copeland Copeland Media Brandon Copeland, gravitates, —, Cope, Copeland, Greg Iacurci, Brandon Copeland, That's, you've, Bloomberg —, I'm, it's Organizations: Brandon Copeland Copeland Media, NFL, National Football League, University of Pennsylvania's Wharton School, New York Jets, CNBC, Financial Wellness Advisory Board, Athletes.org, Orlando, Baltimore Ravens, NFL Players Association, Lions, Yahoo Finance, Wall Street Journal, Bloomberg Locations: isn't, New Jersey, Detroit

☆ The big mistake that can leave you ‘highly disappointed’ with your vacation, says travel agent for billionaires
▼ + stars: | 2024-08-23 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

"I think people need to stop following trends, and they need to follow their heart more," India tells CNBC Make It. People of more typical means should avoid falling into the "celebritization of travel," India adds. Instead, India recommends choosing travel spots based on your own passions and what you want to learn more about. Think about what you're reading, watching, listening to and talking about to guide your travel decisions. Where is a place that you can go, try the massages daily, or really go deeper into the culture?"

Persons: Jaclyn Sienna India, Sienna Charles, Beyonce, Jeff Bezos Organizations: Wall Street titans, Hollywood, CNBC, Aspen, Netflix Locations: India, Europe, Egypt, France, Italy, South America, Africa, Southeast Asia

☆ The 10 best companies that hire, promote and train high school graduates: 'It's a launchpad for your career'
▼ + stars: | 2024-08-13 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

U.S. high school graduates looking for entry-level work might consider starting out at a company appearing on a new ranking from the American Opportunity Index. Released earlier this month, the list named 50 large companies as the best places for people with a high school diploma to launch their careers. The index scored companies based on three metrics: how likely they are to hire entry-level employees, promote them from within and set them up to land better-paying jobs when they leave. "We didn't see a whole lot out there for the 40% of high school graduates who aren't going off to post-secondary education immediately — most of whom have to find some sort of work," he continues. Rather than survey the companies, the index analyzed the career paths of around 5 million workers from 2018 until 2022 to make its assessment.

Persons: who've, Rajiv Chandrasekaran, aren't, Chandrasekaran Organizations: American, Schultz, Foundation, American Opportunity, Glass Institute, Harvard Business School, Walgreens, Financial Services, Gap Inc, Goodyear Tire, Starbucks Retailers, CNBC

☆ You can still buy a home on a $75,000 salary in these 11 major U.S. cities
▼ + stars: | 2024-08-09 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

Home affordability is particularly bad in many of the largest U.S. cities, but there are still some relative bargains to be found for urban homebuyers on a tighter budget. Of the 50 largest cities, 11 are considered affordable for households earning a U.S. median annual income of $74,580, according to an analysis by mortgage analytics firm HSH. DON'T MISS: Achieve Financial Wellness: Be Happier, Wealthier & More Financially SecureHomes in these 11 major cities all offer median prices below $300,000 — much less than the national median of $412,300, according to U.S. Census data. The trade-off is that these places may offer fewer high-paying job opportunities due to more modest local economies. Here's a look at the 11 major U.S. cities where households earning $75,000 can still afford a home, according to HSH.

Organizations: Homes, & $ Locations: Cleveland, U.S, Detroit

☆ How Taylor Swift and Blake Lively helped 'Deadpool and Wolverine' editor land the job of a lifetime
▼ + stars: | 2024-08-09 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Shane Reid's journey to co-editing the smash-hit "Deadpool and Wolverine" started, of all places, with Taylor Swift. "Blake sold me through and convinced Ryan and [Director] Shawn [Levy] I was someone they should bring on." In an Instagram story following the release of "Deadpool and Wolverine", Reynolds credited Lively for encouraging him to give Reid a chance. "My wife directed a music video and fell in love with her editor @sreid2," he wrote. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Shane Reid's, Taylor Swift, Reid, Hennessy, Blake Lively, Charlie Puth, ’, Ryan, Ryan Reynolds, Blake, Shawn, Levy, Deadpool, Reynolds, Lively, @sreid2, I've, I'm, Jason, Ivan Reitman, it's, Reitman Organizations: BMW, Adidas, CNBC

☆ American who's lived abroad for 17 years shares work-life balance lessons: Unused PTO won't 'get you anywhere'
▼ + stars: | 2024-08-09 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

"I've grown up with the American perspective that your career is really important," Ingrim tells CNBC Make It. Ingrim has worked for financial service companies across Europe, which typically provided 25 vacation days per year on top of around 10 public holidays. "If you go to a party in the U.S., one of the first things people do is ask each other what they do for work," Ingrim explains. The social norm reflects an overall culture that prioritizes life outside of work more so than the typical U.S perspective. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Alex Ingrim, I've, That's, Ingrim, He's, Chase Buchanan, Louisa Organizations: CNBC, Chase Buchanan USA Locations: U.S, France, Malta, Italy, Europe, Florence

☆ 41% say the American Dream is impossible to reach now, survey finds—how they define success instead
▼ + stars: | 2024-08-09 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

For some Americans, the American Dream has become more like a vision. That's according to a recent Pew Research Center survey, in which more than 8,700 U.S. adults were asked to describe their views of the American Dream. "The American Dream is changing, according to small-business owners," Fara Howard, GoDaddy's chief marketing officer, told CNBC Make It at the time. Thirty-one percent said they'd already achieved the American Dream, and 36% said they were on the right path toward it. "These views are nearly identical to when the Center last asked this question in 2022," the Pew report noted.

Persons: —, it's, Raj Chetty, Chetty, Michael Sandel, GoDaddy, Fara Howard, Gen Z, Ted Rossman, they'd Organizations: Pew Research Center, CNBC, Harvard University, Harvard's Kennedy School of Government, Harvard Locations: U.S, homeownership

☆ If you invested $1,000 in drugmaker Eli Lilly 10 years ago, here's how much money you'd have now
▼ + stars: | 2024-08-08 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

One of the world's most valuable drug manufacturers by market capitalization reported its second-quarter earnings results Thursday, and they were impressive. Zepbound was approved Nov. 8 by the U.S. Food and Drug Administration as a treatment for weight management and obesity, according to Eli Lilly. In its first full quarter in the U.S. market, Zepbound brought in $517.4 million in revenue, Eli Lilly reported in April. "We just see unbelievable demand, and we're not even trying that hard to promote this drug," Eli Lilly CEO David Ricks told CNBC during a "Squawk Box" interview Thursday. And drug manufacturers such as Eli Lilly and Novo Nordisk, the pharmaceutical company that makes Ozempic and Wegovy, are racing to meet that demand.

Persons: you've, Eli Lilly, it's, Zepbound, we're, David Ricks, Morgan Stanley's Organizations: U.S . Food, Drug Administration, CNBC, Centers for Disease Control, Pew Research Center, Novo Nordisk Locations: U.S, United States

☆ With mortgage rates dropping, should you refinance? 'It could be worth it,' says financial planner
▼ + stars: | 2024-08-07 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

Mortgage rates have plunged in recent days, leaving many homeowners wondering if they should refinance their mortgages. DON'T MISS: Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure Another consideration is the loan term, which determines how much total interest you will pay on the loan. You can run the numbers through a mortgage refinancing calculator. Of course, with refinancing you'll want to scrutinize the terms of the new agreement to ensure that there are no surprises. You could wait for mortgage rates to drop further

Persons: Dean Tsantes, Hazel Secco Organizations: Mortgage Locations: Virginia, New Jersey

☆ Charlie Puth skipped class in college to try to meet with record labels—those 'hustle days' helped him land a deal, he says
▼ + stars: | 2024-08-07 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Charlie Puth may have studied at the world-renowned Berklee College of Music, but one of the best things he ever did for his career was cut class. With aspirations of breaking into the music industry, Puth knew he wanted to get his music in front of record labels that could help launch his career. "I just thought to myself, 'Which teacher will care the least if I miss class?'" On top of that, he found it compelling to keep trying because nobody was slamming the door in his face. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Charlie Puth, Puth, I'm, he's Organizations: Berklee College of Music, CNBC, Atlantic Records Locations: New York City, Boston, Los Angeles

☆ You can pull $1,000 from your retirement savings penalty-free—but don't make it a habit, says retirement expert
▼ + stars: | 2024-08-06 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

The majority of Americans wouldn't be able to cover an unforeseen $1,000 expense with money from their own savings, according to Bankrate's 2024 emergency savings report. Generally, you'll face a 10% penalty for withdrawing money from retirement savings before you reach the age of 59½. For one, you can only make one $1,000 withdrawal per year. But if you don't replace that amount in your retirement account in full or through regular deposits within three years, you won't be able to make another $1,000 withdrawal during that repayment period. And you'll need to self-certify in writing with your retirement plan administrator that you need the money for an emergency.

Persons: wouldn't, Anne Lester, FOMO, Lester

☆ The salary you need to buy a home in the 15 most expensive U.S. housing markets
▼ + stars: | 2024-08-06 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

Homeownership in the largest U.S. cities has been put further out of reach for all but the richest residents, according to a recent analysis by mortgage analytics firm HSH. A household needs to earn $463,887 to afford a median-priced home in San Jose, California, making it the most expensive of the 50 largest U.S. cities. The estimate assumes no more than 28% of gross income spent on housing costs and a down payment of 20%, plus an average mortgage rate of 7.16% for borrowers with a good or excellent credit score. A longstanding shortage of homes is another factor that's particularly acute in California, which helps explain why median home prices in some of the state's cities, such as San Jose, are twice the national median of $412,300, per U.S. Census data. Here's a look at the 15 most expensive cities to afford a home, based on the income needed to buy a median-priced property in that market.

Locations: San Jose , California, U.S, California, San Jose

☆ 27-year-old Olympic gold medalist and Harvard grad says her health-care job helped her prep for the Games
▼ + stars: | 2024-08-06 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

American sprinter Gabby Thomas won her first Olympic gold medal in the 2024 Paris Games women's 200-meter final on Tuesday — an accomplishment that she credits, in part, to her second job. The 27-year-old, who took home bronze and silver during her Olympic debut at the Tokyo games, balances her career as an Olympian with a job in health care. Thomas holds a bachelor's degree in neurobiology from Harvard University and a master's degree in public health from the University of Texas Health Science Center. In the months leading up to the Games, Thomas trained three to six hours a day, but at night, she worked at an Austin volunteer health-care clinic for people without insurance. "I think I'm just so grateful to get to do what I love," Thomas told Olympics.com.

Persons: Gabby Thomas, Thomas, Olympics.com, I'm, — Organizations: Harvard University, University of Texas Health Science, Games, NBC News, NBC, CNBC Locations: Tokyo, Atlanta , Georgia, Los Angeles

☆ 'Never quit your job,' says early retiree and self-made multimillionaire: Do this instead
▼ + stars: | 2024-08-04 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

If you're considering leaving your job, here's Dogen's best advice to follow in his footsteps. That he stayed only four months at the new gig is its own story — but it's also worth noting that by leaving so abruptly, he bucked a piece of his own advice: "Never quit your job," Dogen says. How you manage leaving your job is going to depend on your specific circumstances. If you're willing to do something similar, "more often than not, your employer will work with you — especially if you're a better than average employee," Dogen says. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: here's, Dogen, it's, He'd, I'm, there's Organizations: CNBC

☆ You're not 'throwing away money' on rent, says self-made millionaire: 'I've made more renting than I would owning'
▼ + stars: | 2024-08-03 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

But when you pay rent, "you're not throwing money away," Sethi tells CNBC Make It. When looking at homes as an investment, renters commonly overlook the "phantom costs" of owning a property beyond the monthly mortgage payment. "People say they don't want to throw money away on rent," Sethi says. "I've made more money renting than I would have owning," he says, referring to investments made with money that could have been spent on a down payment and phantom costs for units similar to the ones he rented. Considering that home values have increased by 85% since 2010, many Americans have built wealth by owning a home.

Persons: Ramit Sethi, Rich, Sethi, I've, that's Organizations: CNBC Locations: Los Angeles and New York

☆ A millionaire early retiree earning $380,000 a year in passive income went back to work—but only lasted 4 months
▼ + stars: | 2024-08-02 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Last year, after selling a chunk of his stock and bond portfolio to purchase a house in cash, Sam Dogen found himself with too little passive income to support his family's budget. It turned out, this particular gig didn't align with his personal or financial priorities at this point in his life. By last year, his passive income portfolio, which includes stocks, bonds and real estate investments, among others, was bringing in about $380,000 a year. "That shored up a huge hole in my passive income," Dogen says. That won't produce passive income unless Dogen reinvests it, but it gave him the cash cushion to paper over some short-term cracks in his finances.

Persons: Sam Dogen, Dogen Locations: San Francisco

☆ Melinda French Gates' weekly walks with 3 close friends help her make difficult decisions: 'They are my truth counsel'
▼ + stars: | 2024-08-02 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

Whenever billionaire philanthropist Melinda French Gates contemplates a tough decision, she seeks input from her three closest friends of more than 30 years. "If you're in town, you walk," French Gates said. For example, the trio of friends was the first to know when French Gates began to consider ending her marriage to Bill Gates after 27 years, she said — and they offered her unanimous support. French Gates learned the importance of quality over quantity in friendships early in life, she said. "You might realize that you have plenty of people you have fun with, but no one to confide in," Schulz and Waldinger wrote.

Persons: Melinda French Gates, Oprah Winfrey, Gayle King, Gates, French Gates, Bill Gates, —, There's, Marc Schulz, Robert Waldinger, Schulz, Waldinger, " Schulz, It's Organizations: Research, Harvard University, CNBC Locations: French

☆ Simone Biles tells herself these 3 words before she competes—everyone should try it, Ivy League-trained expert says
▼ + stars: | 2024-08-02 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Before Simone Biles jumped on the balance beam in Paris' Bercy Arena on Tuesday, she appeared to whisper: "You got this. Biles and Team USA went on to win gold in the women's gymnastics team all-around final. Plus, talking to yourself in the third-person — like Biles telling herself, "You got this" — can actually decrease stress and improve your performance, research shows. "If a friend comes to you with a problem, do you tell them, 'No way, you're going to suck. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Simone Biles, Biles, Ethan Kross, Kross Organizations: Bercy, CNBC, Team USA, University of Michigan, University of Pennsylvania, Columbia University Locations: Paris

Search resuls for: "Financial Wellness"

25 mentions found