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Megan Gorman, author of All The Presidents' Money. MG: Money caused and causes anxiety for everyone. For instance, Ronald Reagan used budgeting as a mechanism to manage emotion when it came to money. As Reagan got older, he found that having a budget and sticking to it allowed him to manage his financial anxiety. Early experiences informed money habitsAN: Who had the most financial struggles before becoming president?
Persons: Thomas Jefferson, George Peter Alexander Healy, Megan Gorman Annie Nova, Megan Gorman, Richard Nixon, Grover Cleveland, Calvin Coolidge, John F, Kennedy, spender, Jefferson, Marc Cartwright, Ronald Reagan, Reagan, Harry Truman, Truman, Herbert Hoover, Hoover Organizations: Hulton, White, Stanford Locations: France
That's largely due to anxiety about higher costs of living, especially in retirement, experts told BI. Many high-income Americans are hoarding cash and trying to cut costs anywhere they can. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Cost-of-living stressThe pace of inflation has cooled significantly, but many Americans—even wealthy ones—are still dismayed that many costs are still higher overall. AdvertisementExperts, though, say oversaving could hurt Americans trying to build wealth in the long run.
Persons: That's, , spender, she's, I've, oversavers, Kitty Ritchie, Ted Rossman, Ritchie, he's Organizations: Service, of America, Drucker Wealth Management, Companies, Challenger, Michigan Locations: Michigan, America
My husband and I spend money in different ways, but we worked to set our financial goals together. We have our retirement and investments with our favorite financial services company, where we occasionally get advice from our financial advisor. Most of our expenses are debited from this pool of money, set up on auto-pay, of course. We have each other's phone codes, email passwords, and the like, so it was only natural that we both have access to all our money accounts, too. We both have access to all accounts, all credit cards, retirement accounts, and 529 plans, passwords, and all.
Persons: , I'm, spender, that's, doesn't Organizations: Service, Costco, Walmart Locations: Napa, Florida, incidentals
Some young people are splashing out on luxuries like travel and designer clothes instead of saving, in a trend that's being characterized as "doom spending" on social media. Doom spending is when a person mindlessly shops to self-soothe because they feel pessimistic about the economy and their future, according to Psychology Today. It's happening because young people are chronically online and feel like they're constantly receiving "bad news," she said. These young people are then translating these bad feelings into bad spending habits, Baeckström added. And Fernández said she's not alone in doom spending.
Persons: they're, Baeckström, Stefania Troncoso Fernández, spender, Fernández, she's, It's Organizations: King's Business, CNBC, Intuit, America Locations: Colombia
he continued, adding that it was "insane that we would support a military alliance if that military alliance isn't going to be pro-free speech." Breton addressed the letter to Musk ahead of the X owner's much-publicized interview with Trump, warning him against amplifying "harmful content." AdvertisementIn February, the former president even suggested that the US could let Russia attack non-paying NATO countries, much to the White House's ire. Related storiesAccording to NATO estimates, Poland is set to be the biggest NATO spender in 2024, allocating 4.12% of its GDP. For its part, NATO has acknowledged that there's been a historic imbalance between US military spending and that of non-US allies.
Persons: , JD Vance, Elon Musk's X, Vance, Shawn Ryan Show, Donald Trump's, Musk, platformed Trump, Elon, Donald Trump, Thierry Breton, Breton, NICHOLAS KAMM, Trump, NATO spender, there's Organizations: Service, NATO, European Union, EU, Business, Trump, EU Commission, EU's Digital, DSA, European Commission, White, Getty Images, Alliance Locations: Russia, Canada, Spain, Poland, Estonia, United States
Luis Di Como, Unilever's global media head, will leave the company after 33 years. Di Como is the company's executive vice president of global media and global head of media for Unilever's beauty and well-being division. He oversees the company's global media budget. In 2023, the company spent about 8.5 billion euros, or about $9.4 billion, on marketing, which included investments in media, ad production, and promotion. According to the latest figures from the Ad Age Datacenter, it was the ninth-biggest global ad spender in 2022.
Persons: Luis Di Como, Di Como's, Selina Sykes, Isabel Massey, , Como, spender Organizations: Service, Unilever, Business
Some Gen Alpha kids are taking a stand against buying too much stuff — and dragging their parents along for the ride. AdvertisementA 2024 survey of 1,000 Gen Alpha parents found that 63% of their kids care about sustainability. While Zoomers and millennials prefer to shop online, Gen Alpha specifically likes shopping in-store. Som Gen Alpha kids are "minimalists." Overall, Delisle doesn't think it's likely that every Gen Alpha child is above consumerism.
Persons: Yuriy Boykiv, we'll, Gen, McCrindle, Boykiv, Zers, Gen Alpha, Alpha, Wunderman Thompson, Alphas, Julie, she's, aren't, Laura Ascher, Alpha's, Stephen Yalof, David Delisle, Helenor Gilmour, Gilmour, Delisle, spender Organizations: Service, Alpha, Business, — Business, Gen Alpha, Wunderman Thompson Commerce, Gen, tweens, Stanley, Brain Locations: skincare
The biggest chunk – about $1.9 million – was spent by Trump’s campaign and fundraising committees on a Trump-owned company that operates his jet. Karoline Leavitt, a spokesperson for Trump’s campaign, said that “committees are paying the fair market rate for all venues and services” provided by Trump businesses. The dynamic of candidates shelling out thousands on Trump’s businesses while vying for his endorsement – which can make or break Republican campaigns – is an example of how politics has boosted his businesses’ bottom line. About 150 congressional candidates have reported spending campaign funds at Trump businesses, including some Democrats in the years before his first presidential bid. Walker’s campaign spent a total of nearly $215,000 at Mar-a-Lago, Trump’s West Palm Beach golf club and his Las Vegas hotel.
Persons: Donald Trump, Bernie Moreno, who’d, wasn’t, glitzy, Trump, spender, who’ve, Moreno, Herschel Walker, Kari Lake, Trump’s, Karoline Leavitt, , “ He’s, , Daniel Weiner, Brennan, New Jersey Sen, Robert Menendez’s, Delaware Sen, Chris Coons, Joe Biden, Jeff Dean, AP Moreno, J.D, Vance, ” Moreno, Kimberly Guilfoyle, Donald Trump Jr, David B, Cohen, ” Cohen, Reagan McCarthy, , Walker’s, Walker, Scott Paradise, Sean Rayford, spenders, Lake, John Gibbs of, Vernon Jones of, Kathleen Clark, St . Louis, ” Leavitt, It’s, Weiner, ” Weiner, Lara Trump, hawking, Donald Trump's Mar, Joe Raedle, MAGA, Laurence Leamer, Lago, Leamer, ” Leamer, “ It’s, Steve Contorno, Kyung Lah, Alex Leeds Matthews, Alayna Treene Organizations: CNN, Ohio’s Senate, Trump’s, Florida, Republican, Republicans, GOP, Trump, Georgia Senate, Arizona, Mar, Republican Party, New, Trump National Golf Club, Ohio Senate, Senate, Twitter, University of Akron, Las, Former Republican, The Washington Post, Washington University, Super, TAG Air, Inc, Boeing, “ Trump Force, Brennan, Republican National Committee, RNC, Fund, National Republican Congressional, White Locations: Ohio’s, Lago, Georgia, Trump, New Jersey, Virginia, Delaware, Florida, Vandalia , Ohio, Ohio, Cleveland, Palm Beach, Las Vegas, Arizona, Majewski, John Gibbs of Michigan, Vernon Jones of Georgia, Mar, St ., Palm Beach , Florida, American
We're approaching a new era of defense, one that will use AI-enabled military drones that can run without a human operator. According to BTIG, the DoD requested $5.3 billion in fiscal year 2025 for unmanned systems, most of which is directed at procurement programs. The firm forecasts the DoD's entire unmanned funding requests to grow at a 9.5% compound annual growth rate through fiscal year 2029. General Dynamics is another of Madrid's buy-rated stock in the unmanned systems arena. Strong demand of its defense products, including ammo and ground vehicles, also indicate earnings growth potential, the analyst added.
Persons: Andre Madrid, BTIG, spender, They've, Stocks, Northrop, Lockheed Martin, Morgan Stanley, Kristine Liwag, Liwag, Northrop Grumman, Madrid, Northrop's, It's, Atomics, You've, they've, Kratos, Morgan Stanley's Liwag Organizations: U.S . Department of Defense, DoD, Aircraft, Air, U.S . Navy, U.S . Air Force, Pentagon, CCA, Department of Defense, Dynamics, Kratos Defense, Security Solutions, Northrop Grumman, Lockheed, Air Force, Raider, Defense, Northrop, Boeing, FactSet, General Dynamics, U.S . Army Locations: Nagorno, Karabakh, Ukraine, Madrid, France
Even though her two sons have moved out, she struggles to secure enough to pay her bills and save for the future. She fears that even when she receives about $2,000 a month in Social Security payments in six years, it will not be nearly enough. Related stories"My career path has finally gotten to be decent pay, but it's not great, and I'm still single," Davenport said. Between child support and an increase in work income, her income ended up slightly above the housing assistance cutoff when her kids were growing up. AdvertisementPreparing for the futureDavenport plans to wait until she's 67 to claim her Social Security benefits, which she anticipates will be about $2,000.
Persons: Becky Davenport, , Davenport, I'm, it's, she's, hasn't, doesn't, spender, we've, She's, wouldn't Organizations: Service, Business, Social, Alaska Permanent Fund, Security Locations: Alaska, Chugiak, Anchorage, East Coast, New Jersey , Pennsylvania, Kentucky
"Beast Games" was part of a celebrity-studded slate Amazon presented at its TV upfronts debut in May. Despite being a dominant spender on entertainment content, Prime Video has faced questions about its popularity with viewers. A second Amazon insider said producers were already talking about making a Fyre Fest-like documentary about "Beast Games." Advertisement"All you do is go through worst-case scenarios and work backwards from there," the second Amazon insider said. But Mike Hopkins, SVP of Prime Video and Amazon MGM Studios, is all over the situation, two Amazon insiders said.
Persons: , Jimmy Donaldson, it's, Jennifer Salke, Jimmy, Salke, Donaldson —, Donaldson, Dave Kotinsky, Burger, Donaldson's, Matthew Hiltzik, couldn't, Puck, Mike Hopkins Organizations: Service, YouTube's, Amazon, Amazon MGM Studios, Business, Beast, New York Times, Times, Prime, Ampere Analysis, Reuters Locations: New Jersey, Vegas
Delta Reserve Business Card OverviewAmerican Express issues seven co-branded Delta credit cards, and the Delta SkyMiles® Reserve Business American Express Card is its most premium small-business credit card. Delta Reserve Business Card Annual Fees and Other CostsThe Delta SkyMiles® Reserve Business American Express Card charges a $650 annual fee, and each additional cardholder costs $175. Delta SkyMiles® Platinum Business American Express Card vs. Delta SkyMiles® Reserve Business American Express CardThe Delta SkyMiles® Platinum Business American Express Card is a step down from the Delta SkyMiles® Reserve Business American Express Card, with a $350 annual fee and a 65,000 bonus miles after spending $6,000 in purchases on your new card in your first six months of card membership welcome bonus. Delta SkyMiles® Gold Business American Express Card vs. Delta SkyMiles® Reserve Business American Express CardThe Delta SkyMiles® Gold Business American Express Card is a great introductory business credit card card for Delta-flying business owners who want basic travel comforts, but don't want to pay a hefty annual fee for those benefits. Delta Reserve Business Card Frequently Asked QuestionsCan I earn a sign-up bonus on the Delta SkyMiles Business Reserve card?
Persons: MQD Headstart, stow, it's, Cardholders, cardholders, they're, you'll, you've, Amex, We've Organizations: Delta SkyMiles, Express, Delta Sky Club, SkyMiles, Delta, American Express, Delta Sky, Card, Delta Reserve, Lyft, American, Sky, Sky Club, Reserve, Delta Business Reserve, Business, Air France, KLM, Virgin Atlantic, Express Card, Club, Sky Clubs, JFK, Delta Sky Clubs, Delta Connection, Delta Shuttle, Delta Comfort, American Express Card, TSA, Global, Trip, Baggage, Premium, Amex, Delta American Express, Delta Gold, Delta Platinum Business, Delta Reserve Business, Delta SkyMiles Business Locations: U.S, Caribbean, American, Delta, Atlanta, Seattle, New York, Delta.com, Chevron
Even when assets are split equally, family members might butt heads over how money should be invested or spent. Understanding your emotions around money can help to navigate tricky inheritance conversations, Tessler said. AdvertisementPeople might feel that they don't understand money or that their siblings don't see them as financially responsible. Using personality tools, such as the Enneagram, can help people figure out where their family members are coming from when disagreements arise, she added. AdvertisementTessler said she has previously advised clients to wait 24 hours before reading emails from "intense and challenging" family members.
Persons: , Bari Tessler, who's, Tessler, spender Organizations: Service, Business Locations: Bari
Read previewI worked as a Starbucks barista for nearly a year, and I became extremely familiar with just how expensive the popular coffee chain is. As a stingy spender, I made several mental notes on ways customers would unnecessarily waste their money during my shifts. If I find irresistible merchandise, I'll take advantage of the Starbucks rewards program. If you're looking for a caffeine fix, stop wasting your money on hot venti lattesGrande and venti lattes have the same amount of espresso. Stop paying for bottled waterI've always been baffled by people who insist on buying bottled water from Starbucks.
Persons: , spender, Nadir Keklik, Michael Probst, It's, they're, Ramin Talaie Organizations: Service, Business, AP, Americano, Getty, Starbucks
The Google-owned video platform dominated streaming TV viewing for all of 2023, ahead of Netflix, by one widely cited measurement. It also only includes free YouTube, not YouTube TV, YouTube's pay TV service. With those platforms included, YouTube takes second place in monthly TV viewing, behind linear giant Disney, with an 11.5% share. In 2023, YouTube reached a deal to make NFL's Sunday Ticket games an add-on for YouTube TV subscribers. YouTube TV is a $72.99 a month bundle of TV channels.
Persons: , It's, Here's, Nielsen, isn't, it's, influencers, Gen, Zers, alums Organizations: Service, YouTube, Google, Netflix, Disney, Warner Bros, Paramount, NFL, Business, Showtime, Starz, Procter, Procter & Gamble, Nielsen, Hollywood, Madison Ave, Read, Shorts, Warner Bros ., Deloitte, Alpha Locations: Procter &, Netflix's
isn't the first question I ask a date but it's high on my list if I'm considering an actual relationship. But I have to ask about pensions to really find out where our future is heading as a couple. I ended it and truly hope he put that flower money toward a pension. So when I'm asking if a guy has a pension, what I'm really asking is: "Are you thinking about the future or just about enjoying today?" But, to me, I can enjoy the present more if it's not ruined by worrying about what will happen later if I don't have money.
Persons: It's, spender, I've, , I'm Organizations: Service, Nike Locations: Spain
My goal was to move in 2024, so my biggest year in concerts was either now or never. I went to a total of nine concerts and music festivals in 2023, experiencing icons like Usher and Beyoncé live, and spent more than $3,000 on tickets alone. I spent $3,235.12 on concert tickets in 2023: Here's the breakdownThis cost doesn't factor in travel and hotel expenses. Going to concerts and music festivals also helped me to reconnect with friends from college who enjoy live music experiences just as much as me. We're halfway through 2024, and I've been to one concert and one music festival, compared to five by this time last year.
Persons: spender, wouldn't, Usher, Beyoncé, Ellis, Arthur C, Brooks, Flog Gnaw, Tyler, I've Organizations: CNBC, Harvard University Locations: New York, New Jersey, Philadelphia, Las Vegas, Los Angeles
Read previewNo matter how determined you are to prevent getting divorced, you can't control what your spouse wants — or how they'll behave throughout the divorce process. Sometimes, the characteristics in your partner that push you to file for divorce are the same ones that can make the process nasty, drawn-out, and costly, according to Lois M. Brenner, a divorce lawyer in New York. Brenner shared some of the biggest mistakes people make throughout the divorce process, including before they decide to part ways. They make big decisions without talking to their lawyerWhen a client considers divorce, Brenner usually starts with a thorough consultation. "You really need to have a sense of what is possible in a divorce," Brenner said, such as knowing a realistic range for spousal support if you have kids.
Persons: , Lois M, Brenner, they're, spender, They're, she'll, doesn't Organizations: Service, Business Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow's the time to buy Meta shares if you're a long-term investor: Oppenheimer's Jason HelfsteinJason Helfstein, Oppenheimer, joins 'Squawk on the Street' to discuss if Meta's concerns are about growth or spend, if Mark Zuckerberg has earned the right to be called a disciplined spender, and more.
Persons: Oppenheimer's Jason Helfstein Jason Helfstein, Oppenheimer, Mark Zuckerberg, spender
Global military spending in 2023 rose to the highest levels ever recorded, analysts said. All five of the institute's defined geographical regions saw rises in military spending for the first time since 2009, with Europe, the Middle East, Asia, and Oceania recording particularly large increases, it said. This, in turn, has ramped up military spending. It also highlighted Ukraine, which ranked eighth in terms of overall defense spending, following a 51% year-on-year increase. At the same time, Israel saw its defense spending rise by 24% to reach $27.5 billion in 2023, mostly due to its large-scale offensive in Gaza, SIPRI's report found.
Persons: , SIPRI, Nan Tian, Diego Herrera Carcedo, Lorenzo Scarazzato, spender, Israel Organizations: Global, Stockholm International Peace Research Institute, Service, International Crisis, Getty, NATO Locations: Stockholm, Europe, East, Asia, Oceania, Ukraine, Gaza, Ethiopia, Myanmar, Bakhmut, Donetsk Oblast, Anadolu, China
The study, by the Stockholm International Peace Research Institute, concluded that global military spending reached $2.4 trillion last year — a 6.8 percent increase from 2022. “The unprecedented rise in military spending is a direct response to the global deterioration in peace and security,” said Nan Tian, a senior researcher at the institute, which has tracked military expenditures since at least 1988. He described an “increasingly volatile geopolitical and security landscape.”Ukraine, in its first full year of war with Russia, devoted $64.8 billion to its military in 2023. That accounted for 58 percent of the government’s overall spending last year and 37 percent of the country’s gross domestic product. Only seven other countries spent more on military and defense costs than Ukraine in 2023, analysts found.
Persons: spender, , Nan Tian Organizations: Stockholm International Peace Research Institute Locations: Ukraine, Stockholm, Asia, United States, Russia
The figure marked a 6.8% increase from 2022 and the sharpest year-on-year jump since 2009, the institute said in a report on military spending trends. "The unprecedented rise in military spending is a direct response to the global deterioration in peace and security," Nan Tian, senior researcher in SIPRI's military expenditure and arms production programme, said in a statement. Military expenditure has been rising for nine years straight, and military spending bolstered in all regions of the world for the first time since 2009, the report found. Ukraine's military spending meanwhile totaled around $64.8 billion — around 59% the amount of Russia's spending, but 37% of Ukraine's GDP, the report said. Tensions in the Middle East also significantly contributed to the overall rise in global military spending, the report said.
Persons: Nan Tian, spender, Lorenzo Scarazzato, Donald Trump, Jens Stoltenberg Organizations: 1st Tank Brigade, Ukrainian Ground Forces, Getty Images, Stockholm International Peace Research Institute, Kyiv, NATO, U.S Locations: Ukraine, Stockholm, Central America, Caribbean, Russia, China, U.S, East, Israel, Gaza
When I meet people, they usually don't know that my dad is Steve Ballmer. I have some friends for whom it took a really long time — like many months — before they realized the link. There was this guy I used to be friends with who went out of his way to talk to me. My comedy friends are also awesome, and my newest group of friends, my girlfriend's friends, are really cool. Since I'm not a big spender, I don't think anybody eyed me and thought, "I can probably get a ton of money out of him."
Persons: Pete Ballmer, Steve Ballmer, It's, Steve Ballmer's, Stanford, it'd, I'm, I've, douchebag, that's, We've, , I'd Organizations: Clippers Locations: San Francisco, Italian
In 2017, Paul Millerd left his high-paying consulting job to work for himself. This article is part of "Unlocking Small Business Success," a series providing micro businesses with a road map to growth. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In 2017, Paul Millerd walked away from a six-figure consulting salary. Since leaving corporate America in 2017, his revenue streams have included freelance consulting, coaching, online course sales, book sales, and affiliate marketing.
Persons: Paul Millerd, , Millerd, didn't, Millerd didn't, spender, that's, Angie, doesn't Organizations: Service, America Locations: America, Taiwan, New York, Boston, New York City
My husband Barry and I got married in 1978, and for the first half of our marriage, he and I maintained separate finances. Our approach worked fine for the first few years because life wasn't very pricey where we lived back then in Bellingham, Washington. When Louisa Rogers and her husband Barry first got married, they kept their finances separate. We still had separate finances at the time. Combining our finances not only helped us relax, but we've also become more creative and generous both with time and money.
Persons: Barry, Louisa Rogers, I'd, we've Organizations: Palo Alto, USAID Locations: Bellingham , Washington, Palo Alto , California, California, Windy Hill, Alto, Palo, Oaxaca, Mexico
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