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☆ More money tends to make you happier—even if you're already rich, Ivy League researcher finds
▼ + stars: | 2024-10-11 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

His research finds that the correlation between your paycheck and your happiness holds extremely true across a vast range of incomes. Further, it shows that the psychological effect of more money is relatively the same across income brackets. In other words, if a person earning $200,000 a year and a person earning $50,000 both receive a 20% raise, the relative increase to their happiness will very likely be roughly the same. But in terms of quantifying their joy, the raise has about the same effect, Killingsworth says. "Money is one of many variables [in] the equation for happiness, and no single variable dominates," Killingsworth says.

Persons: Matthew Killingsworth, Killingsworth Organizations: University of Pennsylvania's Wharton School, CNBC

☆ You'll miss out on years of 'free money' if you wait until this age to start saving for retirement
▼ + stars: | 2024-10-11 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

If you don't start setting aside money for retirement by the time you turn 40, you may need to rethink your long-term plan. At 40, "you really have to start thinking about solving this challenge with more than just figuring out how to save more," she tells CNBC Make It. "You either have to keep earning money or you have to stop consuming or radically change what you consume during retirement." That may involve making bigger changes to your retirement lifestyle, such as downsizing your home, moving somewhere with a lower cost of living, not traveling as much or even working longer. "You're taking choices away from future you if you don't save when you're young," Lester says.

Persons: Anne Lester, Lester Organizations: CNBC

☆ This simple habit separates highly successful people from all others, says former Google exec: Doing it has ‘never been easier’
▼ + stars: | 2024-10-11 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

In 2014, the 53-year-old founded her Minnesota-based communications firm, Digital and Savvy, to provide public relations services to large companies and CEOs, from Target to entrepreneur Gary Vaynerchuk. That was after she worked as a public relations executive for over 10 years in the Middle East, most notably as Google's head of communications for that region. One habit helped Abouelenein continue advancing her career even after starting over in another country, she tells CNBC Make It. Though she's a public relations veteran and successful CEO, she still took a "finance for non-finance executives" course last year. "In today's world, everything is changing rapidly," Chaudry told CNBC Make It recently, adding that "the way you work, how you work, where you work — all that is changing."

Persons: Maha Abouelenein, Gary Vaynerchuk, doesn't, Abouelenein, Aneesh Raman, she's, We're, Jay Chaudhry, Chaudry Organizations: Digital, CNBC, Research Locations: Minnesota

☆ Mark Cuban says his best employees share this soft skill: 'You need to reduce stress, not create it'
▼ + stars: | 2024-10-10 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

The best employees Mark Cuban has hired aren't the ones with unwavering confidence or sharp business acumen. "For me, the number one thing is you reduce stress rather than create it," Cuban, 66, told CNBC Make It at an event announcing his AI partnership with Google. "There's a lot of people that are just a whirlwind and everything seems to be difficult, causing a lot of unnecessary stress." Research has shown that stress seriously impacts productivity and job performance, and it's estimated to cost American businesses more than $300 billion every year. With all this in mind, Cuban said, "the greatest value you can offer a boss is to reduce their stress."

Persons: Mark Cuban, Cuban, Wiens, It'll Organizations: CNBC, Google, Research, University of Pennsylvania's, Medical Education

☆ Mom of 12-year-old CEO shares her 2 parenting non-negotiables: 'It's important for the child to be a child'
▼ + stars: | 2024-10-10 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

It's no surprise to Evana Oli that her 12-year-old daughter Zoe is a successful business owner. Beautiful Curly Me boasts brown dolls with natural hairstyles, children's books and hair care products. But after a few months and lots of pestering from Zoe, Oli took $5,000 from her savings to get a prototype of the doll designed ,secure an affordable manufacturer and launch the brand. In 2022, the Beautiful Curly Me brought in revenue in the low six-figures, according to documents reviewed by CNBC Make It. 'It's important for the child to be a child'First: Oli wants to make sure Zoe experiences a normal childhood, she says.

Persons: It's, Evana Oli, Zoe, Oli wasn't, Oli, —, Melernie Meheux Organizations: CNBC, Arizona State University Locations: Atlanta

☆ 46-year-old CEO who runs 2 successful startups: This is my productivity 'cheat code'—it makes me 'much more efficient'
▼ + stars: | 2024-10-10 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Try working two at the same time. So how does Bansal manage to stay healthy and productive while running two fast-growing startups? "It's very ironic that people think, [because] I'm CEO of two companies, I should be the best at multitasking," Bansal says. The next 30 minutes, "I could be with our investors and board on something [at a] much higher business-level kind," he says. "The next 30 minutes, I could be in a customer conversation.

Persons: Jyoti Bansal, Bansal, TechCrunch, he's, that's, I'm, Jason Buechel, Goldman Sachs, Shekhinah Bass Organizations: Startup, Cisco, CNBC, Whole Foods

☆ It's World Mental Health Day: 10 quotes from James Baldwin, Mariska Hargitay and more to help you find inspiration and joy
▼ + stars: | 2024-10-10 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

For World Mental Health Day 2024, which is Oct. 10th, we've compiled quotes from advocates, experts and authors who've discussed mental health over the past six decades. Here are 10 quotes that speak to the challenges of mental health and the tools you can use to improve your own. - Rosalynn Carter, said at a mental health symposium (2003)Ask for help when you need it"Healing takes time, and asking for help is a courageous step." - Molly Burrets, a licensed clinical psychologist, told CNBC Make It (2024)Be kind to yourself"Talk to yourself like you would to someone you love." - Floyd "Ski" Chilton, author of "There is Another Way to Happiness," told CNBC Make It (2024)Remain hopeful

Persons: we've, who've, James Baldwin, Sam Carr, Rosalynn Carter, Toni Morrison, Angelou, Molly Burrets, Brown Organizations: Life, CNBC, Yorker

☆ This simple brain trick can help you make better decisions, says neuroscientist: 'It has a huge effect on your performance'
▼ + stars: | 2024-10-09 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

It's harder to answer questions or solve problems when you're asked to choose between more than four solutions, research shows. Neuroscientist Paul Glimcher has a simple strategy to cut through the noise and consistently make smart decisions: Instead of trying to pick the best choice, start by picking the worst. Process of elimination isn't exactly a new concept — you might have learned about it in elementary school — but it can help you avoid mistakes and improve your accuracy making everyday decisions, Glimcher said. "We're just good at the binary choice task — pick your best and eliminate your worst," Glimcher added. That's because picking from fewer options can help us make more accurate decisions, said Glimcher.

Persons: Paul Glimcher, Glimcher Organizations: New York University, Fast, CNBC

☆ Why this tech executive ignored career advice from a respected confidant: ‘I had to trust my gut’
▼ + stars: | 2024-10-09 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

When Gillian Munson was deciding whether to assume her current job as Vimeo's chief financial officer, not everyone in her life thought it was the best career move. "There's someone I really, really respected who really didn't want me to take this job. They wanted me to take a different job," she tells CNBC Make It. "From my perspective, someone else's view of what you should do — it's helpful … but I think being a little more true to what you want to do is really, really important." She says the finance team she's assembled at Vimeo represents a career high for her, calling it "the best team I've ever had."

Persons: Gillian Munson, Munson, I've, she's Organizations: CNBC, Vimeo

☆ Former Google exec swears by this 3-step practice to build your reputation: I 'continue to do it every single day’
▼ + stars: | 2024-10-09 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

A former Google executive, Abouelenein is the founder and CEO of global communications firm Digital and Savvy. You can build your professional reputation in three steps, according to Abouelenein: Do good work, add value, and foster strong relationships. "Reputation is like a currency," she tells CNBC Make It. Foster strong relationshipsA good way to cement your reputation is to have people who can vouch for you. Instead of me having to promote my reputation, I decided I'm gonna do really good work and let that tell people who I am.

Persons: it's, Maha Abouelenein, Abouelenein, Mills, Weber, Halle Berry, Gary Vaynerchuk, Foster Organizations: Google, Digital, CNBC, Netflix, Uber Locations: Minnesota, Egypt, Dubai

☆ Mega Millions is raising ticket prices from $2 to $5, but promises bigger payouts—here's what to know
▼ + stars: | 2024-10-09 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

You'll have to spend more to win big, as Mega Millions plans to raise its ticket price as part of a revamp that promises bigger prizes, the lottery announced Monday. There will be bigger prizes won more frequently, along with slightly improved odds of winning, according to the consortium that runs the lottery. Perhaps the most significant change affecting the most players is the automatic prize multiplier, which currently costs an additional $1 on top of a $2 ticket. Starting in April, this multiplier will be built into the ticket price, automatically boosting non-jackpot winnings. For example, if you match the numbers on three white balls and the Mega Ball, you currently win a $200 prize.

Persons: they'll Organizations: CNBC, U.S . Locations: Washington, U.S, U.S . Virgin

☆ Luxury hotel is looking for ‘CEO’ to take $15,000 trip around the world: How to apply
▼ + stars: | 2024-10-09 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

A luxe hotel chain is looking to give away the vacation of a lifetime. Ramada by Wyndham has launched a contest to find someone who will travel the world visiting its locations and documenting the trip for social media. The CEO will capture content and write blog posts that the brand will showcase on its social channels. Ramada is looking for applicants with strong writing skills who are foodies and love to travel. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Organizations: Ramada, Wyndham, CNBC Locations: Ramada, Seoul, South Korea, Belfast, Ireland, Dubai, UAE, Sao Paolo, Brazil, Honolulu, Hawaii, Canada

☆ The 10 least valuable college degrees—only 1 helps grads earn more than $50,000
▼ + stars: | 2024-10-08 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

A college degree can help you financially get ahead, compared to a high school diploma alone. Bankrate looked at median salaries among workers and job seekers with at least a bachelor's degree, along with unemployment rates and advanced degree rates, to rank the most and least valuable college degrees. Here are the 10 least valuable college degrees in 2024, according to Bankrate:1. People with bachelor's degrees in less-common foreign languages have a slightly lower unemployment rate, but nearly half (45%) of these grads have advanced degrees. That data suggests an advanced degree — and the years of school required to to earn it — may be needed to to fare better financially in those careers.

Persons: Bankrate, Get Organizations: National Center for Education Statistics, Survey, —, New York Fed, Communications, CNBC Locations: New York

☆ Ivy League parenting expert: The 5 keys to raising children who are more resilient and mentally strong
▼ + stars: | 2024-10-08 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +6 min

Helping your children develop the resilience to handle life's inevitable setbacks is the key to raising them into happy and successful adults, says Dr. Tovah Klein. The truth is, "it's much more dynamic," says Klein, a child psychologist, author and director of the Barnard College Center for Toddler Development. "What children learn is, 'Oh, we can come apart, we can come back together, and it actually builds trust," Klein says. Once children feel comfortable talking about their emotions, parents can help them learn to regulate those feelings. Tovah Klein director of the Barnard College Center for Toddler Development"Children are constantly learning about emotions," Klein says, and parents can help.

Persons: Tovah Klein, Klein, I'm, who's, You've, Robert Waldinger Organizations: Barnard College Center, Resilience, CNBC

☆ The job interview question that 'stumped' this HR expert—now it’s her favorite to ask
▼ + stars: | 2024-10-07 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Holly Taylor estimates she's interviewed hundreds of people in her decade-long career in the HR space. The head of people at Public Digital, a London-based consultancy, says she tries to be innovative and equitable in the hiring process, such as recently sending interview questions to job candidates in advance. But one question is her favorite to ask in interviews, even though "it stumped me so much" when she first heard it seven years ago: What is the most valuable piece of feedback that you have received in your career? They explain "this was the feedback, this is how I approached it, this is how I changed, and this is the impact of having that feedback," Taylor 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: Holly Taylor, she's, Taylor Organizations: Public, CNBC Locations: London

☆ 38-year-old veteran earns over $100,000 working in health care without a bachelor's degree
▼ + stars: | 2024-10-07 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

This story is part of CNBC Make It's Ditching the Degree series, where women who have built six-figure careers without a bachelor's degree reveal the secrets of their success. Ashley Quezada has found a career she loves in a place some dread, and others avoid: the dentist's office. It's a lot different than the career Quezada imagined for herself as a teenager growing up in northern Virginia. "I needed a different career path that would create stability for our son and future children," she says. Now, Quezada is a dental hygienist and earns about $140,000 a year as a specialty regional director at Pacific Dental Services in Murrieta, California.

Persons: Ashley Quezada, Quezada, — Organizations: CNBC, U.S ., U.S . Navy, Navy, U.S . Coast Guard, Pacific Dental Services Locations: California, Virginia, U.S, Spain, Greece, Bahrain, Murrieta , California

☆ How I built a $2 billion a year super app called Grab: '20 hour' work days
▼ + stars: | 2024-10-07 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

After the business went public in the U.S. in December 2021, it brought in over $2 billion in revenue in 2023, according to documents reviewed by CNBC Make It. As of 2023, Grab also serves over 35 million customers and provides 13 million gig jobs across eight countries in Southeast Asia. "We both really believed we were very blessed [and] we wanted to serve Southeast Asia." There's no arguing, however, that Grab has shaped the very infrastructure of Southeast Asia. In December 2021, Grab went public and listed on the Nasdaq.

Persons: Anthony Tan didn't, Tan Heng, Tan, Tan's, that's, Ferdinand ] Marcos, Hooi Ling Tan, Anthony Tan, Uber, Dara Khosrowshahi Organizations: Kuala Lumpur Stock Exchange, CNBC, Harvard Business School, Base, Malaysian, Nasdaq Locations: Tan Heng Chew, U.S, Southeast Asia, Philippines, Malaysia, Kuala Lumpur, Chi Minh, Vietnam, Manila, Asia, Southeast

☆ Nearly a third of Gen Zers don't feel in control of their credit score—managing it is 'actually very easy,' says expert
▼ + stars: | 2024-10-06 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

However, around 20% of them say they don't have the knowledge or tools to do so and nearly 30% don't feel that they're in control of their credit score. Despite that, Gen Zers' average credit score isn't too shabby. As a reminder, your FICO score can fall anywhere between 300 and 850. "Managing your credit scores and credit reports is actually very easy and, almost, can be done without any overt effort on your part," John Ulzheimer, a credit expert who formerly worked for FICO and Experian, tells CNBC Make it. Here are the two most important factors that impact your credit score and how understanding them can help you give your score a boost.

Persons: Gen Zers, aren't, John Ulzheimer Organizations: CNBC, FICO

☆ Asking this 1 question can get people to trust you, says bestselling author: It’s ‘such a common misunderstanding’
▼ + stars: | 2024-10-06 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Bestselling author and leadership expert Simon Sinek recommends asking one simple question to help people trust you: Can you help me out? Think about the last time a friend of yours needed advice or guidance, but never asked you for it. Trust is built when a person still makes an effort to ask for help, even when they don't want to, Sinek said. They see vulnerability as a strength and a means to build deeper connections," Woo wrote for CNBC Make It in July. "Try to create this team of helpers, so that asking for help later on when you really need it isn't such a big deal," Bouchard said.

Persons: Simon Sinek, Sinek, Trevor Noah, Haven't, I've, Jenny Woo, Woo, M, Nora Bouchard, Bouchard, " Bouchard, Get Organizations: CNBC

☆ The rise of Grab: How I built a super app that brings in over $2 billion a year
▼ + stars: | 2024-10-06 | by ( Ernestine Siu | ) www.cnbc.com time to read: +1 min

Anthony Tan is the co-founder and CEO of Grab, a "super app" that has built itself into the very infrastructure of eight major Southeast Asian countries. Grab provides day-to-day services, such as ride-hailing, payments and food delivery, to over 35 million users. The company went public on the Nasdaq in 2021 and brought in $2.36 billion in revenue in 2023, according to documents reviewed by CNBC Make It. "In a weird kind of way, I'm grateful because it helped me realize I had no other option but to make it work," Tan said. Watch the video above to learn more about Grab's rise, as well as what the company hopes to accomplish next.

Persons: Anthony Tan, Tan, Uber Organizations: Nasdaq, CNBC, Harvard Business School Locations: Malaysian

☆ Does your kid have a hard time making friends? There is a right way to help them, expert says: 'A lot of parents go too far'
▼ + stars: | 2024-10-06 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +4 min

Almost one-fifth, 19%, of parents says their kid has no or not enough friends, according to recent data collected by the University of Michigan. "I think a lot of well-intentioned parents, that's where a lot of parents go too far." The more access your child has to kids their own age the more comfortable they'll be socializing with them. "Showing your kids how you help someone at the grocery story whose bag spilled ... these are small things parents can do. "Well-meaning parents get embarrassed when their own child is acting bratty, but that's part of learning," Clark says.

Persons: Sarah Clark, Clark, Get Organizations: University of Michigan, University Of Michigan, CNBC

☆ This couple bought a 110-year-old schoolhouse for $175,000 sight unseen and converted it into their family home—take a look inside
▼ + stars: | 2024-10-05 | by ( Celia Fernandez | ) www.cnbc.com time to read: +7 min

Stacie Grissom and Sean Wilson lived in New York City for almost a decade, and then the covid-19 pandemic hit. Stacie Grissom and Sean WilsonAfter the couple closed on the former schoolhouse, the real work began. Despite how hard the renovation was for the couple, Grissom says her favorite part was getting to work alongside her dad. Stacie Grissom and Sean WilsonAmid ongoing renovations, the couple and their now two kids moved into the home in September of this year. Stacie Grissom and Sean Wilson

Persons: Stacie Grissom, Sean Wilson, Grissom, Wilson, Kate Wilson, Franklin, hadn't, Sean Wilson Grissom, we've, It's, they're Organizations: CNBC, Union, Graded, Johnson, Museum Locations: New York City, BarkBox, Franklin , Indiana, Indianapolis, New York, Indiana

Before she built what would become a billion-dollar company, Angie Hicks had to conquer one of her biggest fears: talking to strangers. Hicks — one of the two co-founders of Angi, formerly known as Angie's List — is a self-described introvert. But when the business launched in 1995, she wore many hats — often literally walking door-to-door to recruit Angi's first customers. In 1996, the company rebranded to Angie's List after customers began associating Hicks personally with the recommendations. The company, which went public in 2011, has consistently brought in over one billion dollars every year since 2018.

Persons: Angie Hicks, Hicks, she's, Angi's, wasn't Hicks, Weeks, Bill Oesterle, Oesterle, Columbus didn't, Angi, would've, …, Bill, didn't, Elham Organizations: Angi, CNBC, DePauw University, Partners, Unified, Columbus Locations: Angi, Washington ,, Indianapolis, Columbus , Ohio, Columbus

☆ 52-year-old worked 90-hour weeks in an oil refinery to save money for his business—now he's worth $9.5 billion
▼ + stars: | 2024-10-05 | by ( Natalie Wu | ) www.cnbc.com time to read: +2 min

Yet the concept, which eventually became Raising Cane's Chicken Fingers, propelled Graves to his debut Tuesday on the Forbes 400, a ranking of America's richest people. He's reportedly the country's 107th-richest person, with an estimated net worth of $9.5 billion, largely driven by his ownership stake in Raising Cane's. Graves owns more than 90 percent of the company, and has no plans to take it public or sell his stake to private investors, he said. "I want my kids in the business to be able to carry our values on after their mom and I are gone," said Graves. "They can turn this into a worldwide business and continue to grow."

Persons: Todd Graves, Craig Silvey, Graves, He's, Cane's —, Cane — Organizations: LSU, Forbes, Nicholls State University, Small Business Administration, CNBC Locations: Louisiana, Cane's, California, Baton Rouge , Louisiana, Alaska —

The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles. “Today, the European Commission’s proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the necessary support from E.U. Member States for the adoption of tariffs,” the E.U. first announced that it would slap higher tariffs on Chinese electric vehicle imports in June, on the grounds that they benefit “heavily from unfair subsidies” and pose a “threat of economic injury” to electric vehicle producers in Europe. to start investigations of potential tariffs, Germany has advocated against them, raising concerns about consequences for its own struggling carmakers.

Persons: Peter Szijjarto Organizations: Union, E.U, European, China’s Ministry of Commerce, Reuters, European Commission Locations: China, “, States, Europe, Beijing, E.U, France, Germany, Hungarian

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