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Say Arrivederci To Your Boss And Move To Italy
  + stars: | 2024-10-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSay Arrivederci To Your Boss And Move To ItalyOn this episode of Millennial Money, we ask people from across the globe to open up their bank accounts and share the unique ways they earn, spend, and save money. Watch Millennial Money Sundays at 5pm ET on CNBC.
Organizations: CNBC Locations: Italy
Maybe Reddit is popular because it's text-based, and that's what millennials grew up with. And its helpful advice and slightly cringe humor hit just right for people in their 30s and 40s. Reddit is the social platform most saturated by millennials, according to an Emarketer report on US digital habits by generation. Of logged-in users on Reddit, 43.3% are millennials, compared to 29.6% who are Gen Z. Maybe Reddit is a safe space for millennials to be cringe and free.
Persons: millennials, eMarketer Daily, we're, Gen Z, Millennials Organizations: eMarketer, Insider Inc, Insider Intelligence, Service, BI, YouTube, Facebook, Google Locations: Emarketer
It was less a comment on my sister's personal financial situation and more reflective of the fact that having kids isn't just expensive. Some managed to follow the previously typical trajectory of getting married, buying a house and then having kids when the time felt right. Outside of Baltimore, 'having a house really made us feel comfortable having children'Achieving the major financial milestone of homeownership helped Marie Medina, 28, and her husband, Daniel, feel ready to start having kids. "Having a house really made us feel comfortable having children," Medina says. She and her husband moved from the Bronx to Portland, Oregon, in 2021, in part to make their dream of having kids more financially feasible.
Persons: you'll, it's incalculable, it's, aren't, homeownership, Marie Medina, Daniel, Medina, Marie, Daniel Medina, Yolanda Cando, Gilleran, Yolanda, Graham Cando, Alejandra Rojas, didn't Locations: Baltimore, Columbia , Maryland, New York City, Bronx, Portland , Oregon, Portland, Oregon, Amsterdam, Colombia, Netherlands, Maryland
Where are Gen Z's tech founders?
  + stars: | 2024-10-09 | by ( Amanda Hoover | ) www.businessinsider.com   time to read: +10 min
So where are Gen Z's tech founders? Gen Z founders and would-be founders are stepping into a vastly different tech world from that of their predecessors — a world where launching a unicorn is far more difficult, and publicly scrutinized, than it was for the garage-band generation of Jobs and Gates. Gen Z is coming of age in an era when the same Big Tech companies are diffuse and dominant. In other words, millennial founders ran so that Gen Z founders could walk. Perhaps we won't see Gen Z founders standing before a crowd and unveiling their latest shiny products anytime soon.
Persons: Bill Gates, Steve Jobs, Jeff Bezos, Gen X, Sergey Brin, Elon Musk, Travis Kalanick, Peter Thiel, Millennials, I'm, Zuckerberg, Whitney Wolfe Herd, Brian Chesky, Elizabeth Holmes, Sam Bankman, Gen, aren't, Zers, Jerry Neumann, millennials, Uber, Z, There's, Neumann, Kimberly Eddleston, they've, Adam Neumann, Holmes, Alexandra Debow, that's, Alexandr Wang, Wang, They've, Ibrahim Rashid, Rashid didn't, COVID, Rashid, Martin Shkreli, Forbes, Alexis Barreyat, Barreyat, Julian Kage, Kage, they'd, Debow, It's, Eddleston, Emma Chamberlain's Organizations: Boomers, Columbia University, Big Tech, Northeastern University, Facebook, New York University, MIT, Wired, Forbes, University of Chicago, Deloitte, Harvard, Harvard Business Locations: swaggering, Silicon Valley
Millennial Money Premieres October 13 At 5pm ET
  + stars: | 2024-10-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMillennial Money Premieres October 13 At 5pm ETIt's all about the money. Millennial Money gives you an inside look at how people make money, spend it, and make their dreams come true. Watch the premiere episode Sunday, October 13 at 5pm ET.
AdvertisementIn short, boomers love stuff, and not just their stuff. They held on to their parents' stuff when they inherited it, and a lot of them are sitting with their kids' stuff in their attics now, too. The market value of the object and the sentimental value don't always go hand in hand. "I often emphasize the idea that the market value of the object and the sentimental value don't always go hand in hand," he said. Remember, it takes a lot of stuff to live a full life — and it's hard to let go of it.
Persons: Dale Sperling's, Sperling, it's, they're, It's, they've, Gen Xers, Gen Zers, Sarah Hersh, Ben Hersh, — you'll, Mary Kay Buysse, They're, Hummel, Mindy Godding, you've, Godding, Elizabeth Hirsh, Wen Stone, Janelle, Ben Miller, they'll, Miller, Stephanie Preston, Buysse, we've, , Janelle Stone, I've, that's, she's, doesn't, downsizers, Cameron Huddleston, Let's, Emily Stewart Organizations: Facebook, National Association of Senior, Boomers, University of Michigan, eBay, Business Locations: New York City, New Jersey, North Carolina, Dallas, downsizers, New York
NBC News spoke with four rabbis about the buzzy series, which has generated intense online reaction, including a steady stream of Brody-focused “hot rabbi” memes, since its Sept. 26 release. Nevertheless, the “hot rabbi” memes still remain a major force behind the show’s public reception. He took no issue with Brody’s “hot rabbi” character and his lifestyle. “Yeah, I’m a hot rabbi. Like Zinkow, Rabbi Sari Laufer was cautious about the show — and planned to avoid it altogether.
Persons: Maya Zinkow, Kristen Bell, podcaster, , Adam Brody, Berkeley’s Hillel, , ” Zinkow, Steve Leder, ” Adam Brody, ” Saeed Adyani, Rabbi Noah Roklov, Brody, Bell, Angelino, Harry Met Sally, , Erin Foster, Foster, Hugh Grant, Joanne —, adam brody, Seth Cohen, Adam Brody’s rizz, Leder, ” Leder, “ It’s, Noah, — Leder, Zinkow, I’m, Joanne, Rabbi Noah, Rabbi Sari Laufer, ” Laufer, Stephen Wise, Laufer, Rabbi Leora Kaye, Noah’s, Bina, Rebecca, Emily Arlook, ” “, Kaye, it’s, Jackie Tohn, Esther, NBC’s, That’s, ” Foster, “ They’re Organizations: University of California, NBC News, NBC, Netflix, Wilshire Boulevard Temple, Guardian, Stephen Wise Temple and Schools, Central Conference of American, Los Angeles Times, Jewish, Hallmark Locations: , Brody, Israel, U.S, Wilshire Boulevard, Los Angeles, “ Notting, Fleabag, New York, endogamy
A millennial with a Ph.D. and over $250,000 in student loan debt said she can't find a job. She's looking for business roles while working as a nurse to help pay the bills. She said she's been forced to expand her job search and explore a new career in nursing to help her make ends meet. AdvertisementRasberry said she thinks the biggest obstacle in her job search is her lack of work experience. She said working remotely would make it easier to keep her nursing job, reduce her commuting costs, and care for her dog.
Persons: , Rasberry, She's, she's, I've, she'd, hasn't, — she's, wasn't, I'm Organizations: Service, Saint Leo University in, Business Locations: Saint Leo University in Florida, Virginia
CNN —You might be thinking, “Shut up!” but it’s officially true: the “Princess Diaries” franchise is finally growing. The video then cut to a younger Hathaway in the now classic 2001 film “The Princess Diaries,” in which she was seen uttering the iconic line, “A princess?! “Miracles happen,” Hathaway wrote in the caption, before adding “Back to Genovia” in a nod to the fictional kingdom from the film series. Anne Hathaway as Princess Mia in "Princess Diaries." Walt Disney Pictures“The Princess Diaries” tells the tale of Mia Thermopolis, played by Hathaway, an unsuspecting teen who discovers she is the heir apparent to a royal throne.
Persons: Anne Hathaway, Hathaway, Oscar, Julie Andrews, , “ Joyride, Adele Lim, ” Hathaway, Princess Mia, Mia Thermopolis, Andrews, Queen Clarice Renaldi, Mia’s, Meryl Streep, Emily Blunt, Stanley Tucci, Miranda Priestly, Emily Charlton, Blunt, Miranda Organizations: CNN, Disney, Walt Disney Pictures Locations: Genovia
The tech journalist Taylor Lorenz is going solo and launching her own Substack publication. AdvertisementThe tech journalist Taylor Lorenz is going full creator mode, launching her own Substack publication called User Mag. "We are grateful for the work Taylor has produced at The Washington Post," a Post spokesperson said in a statement. I think Substack is doing a lot more in terms of multimedia. So there's people like that, that I'm really going to miss having access to their minds on a daily basis.
Persons: Taylor Lorenz, Lorenz, , Vox, Joe Biden, Taylor, Eric Newcomer, Simon Owens, Matthew Yglesias, Yglesias, Peter Kafka, Seibel, He's, Mark, that's, Johnny Harris, Cleo Abram, Ryan Broderick, There's, J Aubrey, Mina Le, Hasan Piker, Kate Lindsay, I'm, Substack, haven't, Zoe Jensen, Drew Harwell, Drew, You've, Tucker Carlson, I'd, I've Organizations: Washington, BI, Service, The New York Times, Washington Post, YouTube, Fox News, The Washington, Post, Garbage, Vox, Business Locations: Substack livestreaming
Advertisement"I knew it was coming," Joy-Ann told BI. She told BI there's a lot to like about being back in a more traditional work environment, but it hasn't made her a more productive employee. Because she works in the office, Joy-Ann said it feels easier to step away from her desk. AdvertisementThat in-person connection can benefit people's careers, as Hannes Schwandt, an associate professor of Human Development and Social Policy, previously told BI. She hasn't seen a productivity boost — yetDespite the benefits, Joy-Ann told BI that working in the office has not made her more productive at her job — at least not yet.
Persons: Ann, , Joy, hasn't, she's, Hannes Schwandt, Ann said, Ann doesn't, It's Organizations: Service, Amazon, JPMorgan, Apple, Disney, Human, Social Locations: New Jersey, New York City
Amazon's RTO order has people questioning the future of remote work. Employees respondong to his surveys ranked the right to work from home equal to an 8% pay increase. AdvertisementThe pandemic-prompted right to remote work may be in trouble — Amazon hit headlines last month when it ordered all corporate employees back to the office five days a week from January. But Nick Bloom, a leading expert in remote work, said working from home was "here to stay" as he shared the latest developments in his 20-year research. Bloom concluded his presentation by saying remote work was "here to stay," citing big steps in technology that facilitate it, such as video calls and virtual reality.
Persons: Nick Bloom, , Amazon's, Bloom Organizations: Service, Stanford University Locations: WFH, COVID
Sure, many small businesses aren't glamorous — think dental practices or accounting firms — and they involve long hours and unpredictable market forces. The US Small Business Administration said in July that there were nearly 35 million small businesses in the US. Fewer than two-thirds of small businesses in the US in 2022 were profitable, and over a million businesses of all sizes close each year. Traditionally, small businesses were family businesses, and the eldest male child was expected to take it over when the patriarch was ready to step down. Buying up small businesses allows people without wealthy boomer parents to cash in on the trillions of dollars of wealth the generation is sitting on.
Persons: George Coulam, Coulam, Forrester, Nancy Forster, Holt, Ernst & Young, Steve Holt, Shaw, Tenney, Paul, Helen Reagan, Forster, who's, Jennifer, Neil Gutekunst, Edie Ellis, Ellis, BizBuySell, you've, Dave Specht, Specht, they've, " Forster, She's, PwC, Norm Dinkel, Brian Brogan, — he's, hasn't, it's, Jennifer Gutekunst, boomer Organizations: Texas Renaissance, NewEdge Wealth, Ernst &, Shaw, University of Rhode, US Small Business Administration, Small Business Administration, Drucker School, Family Business, Claremont Graduate University, Wall, American Investment Council, Saint Joseph's University Locations: Texas, America, Sacramento , California, Maine, Orono, Chicago, Washington, Pennsylvania
More couples than ever before, 87%, reported including cash funds in their wedding registry, according to recent data from Zola. Of couples collecting cash, 37% are putting that money toward purchasing a house. With today's housing market, it's clear why couples are funneling wedding gifts into a down payment. If you're coming into a substantial financial windfall due to a wedding, or any other scenario, here's the best place to stash your potential down payment cash. "If a client of mine walked in with $30,000 of wedding money, I would say, 'Let's buy you a bond,'" he says.
Persons: Homebuying, Douglas Boneparth, Mark La Spisa, let's Organizations: Bone, U.S Locations: Zola, New York City, Vermilion
Lawrence Delva-Gonzalez and his wife went from being $150,000 in debt to having a net worth of $1.5 million. AdvertisementLawrence Delva-Gonzalez, 41, was $150,000 in debt in 2012, working a job that paid $27,000 a year. A little over a decade later, he and his wife grew their net worth to over $1.5 million. By 2017, the two of them could pay down debt to the point of having a net worth of zero. Their net worth grew to over $450,000 in January 2021, over $650,000 in January 2022, over $800,000 in January 2023, and $1.53 million in August 2024, according to his blog The Neighborhood Finance Guy.
Persons: Lawrence Delva, Gonzalez, , maxed, Delva, Doreen, Finance Guy, hasn't Organizations: Service, FIRE, Florida State University, Marine Corps, Public, Finance Locations: Haiti, Delva, Port, Miami, Black
Nikky de Graaf, 30, moved to the countryside to live in a cottage on her parents' land. She spent $3,000 to set up the tiny home and doesn't feel like she is missing out on big-city life. Nikky de Graaf lives in a cottage in the rural countryside of the Netherlands. It has a beautiful view of the surrounding fields, and I really love it. AdvertisementI love this life, and I don't really miss out on any of the city activities, because living in the countryside gives me so many other things to enjoy.
Persons: Nikky, , Nikky de, I've, Nikky de Graaf, de, that's, De Graaf, de Graaf Organizations: Service, Utrecht —, Amsterdam —, YouTube Locations: Graaf, Nikky de Graaf, Netherlands, Utrecht, Amsterdam, de Graaf, that's
If Cowie did her job search over, she'd cast a more narrow net from the start. If she had to redo her job search, Cowie would have done a few things differently. During her job search, she applied to several account manager, customer success manager, and project manager roles. "Towards the end of my job search, when I didn't have anything, I was like, 'Oh my God, did I make a huge mistake? Cowie said she wouldn't have changed how she networked during her job search, relying on both her friend circle and LinkedIn.
Persons: Chantal Cowie, Cowie, she'd, , hadn't, would've Organizations: Service, Business
For eight years, she's taken each daughter on separate "Mommy and Me" trips and swears by it. The couple met at the University of Florida, where they bonded over their love of travel, Monet told Business Insider. The older the girls have gotten, the more they've been involved with planning their one-on-one trips, Monet said. The daughter left behind gets undivided attention from James, who Monet said plans activities at home and occasionally organizes separate "Daddy and Daughter" trips. "My youngest daughter is trying to convince him to take her to Japan for their Daddy and Daughter trip."
Persons: Monet Hambrick, Monet, Jordyn, Kennedy, she's, , that's, James Hambrick, James didn't, James, who's, Jordan, we're, It's, they've Organizations: Service, University of Florida Locations: Sydney, Colombia, Florida, Las Vegas, Australia, Japan
David Valdez, 35, moved to Detroit from San Francisco in 2018. Valdez moved to Detroit for better job opportunities and to be with his partner, Juna Durrant, who is from Michigan. In San Francisco, Valdez said he worked two jobs and lived with roommates just to get by. At the time, Valdez worked at various cafés in Detroit, including Astro, a coffee shop in the historic Corktown neighborhood. "If I stayed in San Francisco, I wouldn't even begin to try to open a coffee shop," Valdez said.
Persons: David Valdez, he's, Valdez, , I've, Juna Durrant, Durrant, Detroit Valdez, San, California Valdez, refinanced Organizations: Service, Census Bureau, Starbucks, Astro, Business, David Locations: Detroit, San Francisco, Michigan, California, Mexico City, Alba, Mexican, David Valdez, ProsperUs, Corktown
Costco is the latest warehouse club to tout its growing popularity with millennial and Gen Z shoppers. Sam's Club has reported similar trends as younger shoppers look to stretch their budgets. AdvertisementOne of the hottest clubs for millennials and Gen Z continues to be the wholesale club. AdvertisementThe news echoes results from Sam's Club, the Walmart-owned club store, where Gen Z membership has grown by 68% in the past two years. Related stories"That generation believes it's cool to save money, and we agree with them," Sam's Club CEO Chris Nicholas told CNBC in June.
Persons: , Gen Z, Gary Millerchip, Millerchip, GoBankingRates, Dominic Wright, Placer.ai, That's, Hottovy, Chris Nicholas, Nicholas, Corey Tarlowe, Jordan, Ford Pinto, TJ, Tarlowe, you'll, Mercedes, Costco's Kirkland, Club's, Mark Organizations: Costco, Sam's, Service, millennials, Analytical Research, Business, Sam's Club, Walmart, CNBC, Jefferies, Price Club, TJ Maxx
Sharon Kim partnered with her oldest brother and his wife to purchase a home in the suburbs of New York City for around $750,000. Mickey Todiwala | CNBC Make ItKim and her brother weren't very close growing up, thanks to a seven-year age gap. Mickey Todiwala | CNBC Make ItThe increased down payment gave them the leverage they needed. Kim, her brother and his wife decided to complete the majority of renovations to the home themselves to cut down on costs. Mickey Todiwala | CNBC Make ItKim estimates they've spent around $40,000 on renovations so far.
Persons: Sharon Kim, Mickey Todiwala, Kim, weren't, homeownership, they've Organizations: CNBC, Parsons School of Design, YouTube, Parsons, Spotify, Amazon Prime, Apple Locations: New York City, Manhattan, Queens, New Jersey, South Korea
The 36-year-old business coach said she's been gearing up for an "inevitable shift" in how work will operate since 2014. Upwork's latest data shows that nearly 64 million Americans — representing nearly 40% of the entire US workforce — have undertaken freelance work. Stats like these further reiterate the growing recognition of the importance of having multiple income streams. Dixon also uses this strategy in her freelance career. People without side hustles could struggleUltimately, Dixon stands by the idea that everyone should have a side hustle.
Persons: , Reid Hoffman, Hannah Dixon, Dixon, she's, She's, It's, it's Organizations: Service, Twitter, Business
Megan Park’s “My Old Ass” isn’t the first film to ask whether it would be better to have a warning about what life has in store. Maisy Stella and Aubrey Plaza in "My Old Ass." Amazon MGM Studios“When I was writing ‘The Fallout,’ I was just flabbergasted as a millennial who grew up in Canada. Aubrey Plaza, Maisy Stella and director Megan Park attend the New York screening of "My Old Ass" on Sept. 12. Gesturing to Park and Plaza, she said, “When I read the script, I read it as if I was one of you guys looking back on my life.
Persons: Megan Park’s “, Maisy Stella, Aubrey, Stella, Elliott, Jenna Ortega, it’s, , ’ ”, Maddie Ziegler, Kerrice Brooks, Percy Hynes White, Aubrey Plaza, Megan Park, Steven Ferdman, Nashville ”, , ” Stella, who’s, Mike White’s “, they’ve Organizations: Aubrey Plaza, Sundance, NBC News, MGM Studios, Nashville, Plaza, Recreation, ” Plaza, NBC Locations: Ontario, Canada, America, York, , Stella
The ratio of job openings to unemployed people — an indicator of job availability — has declined considerably over the past two years. As a Black man, Jared said he thinks it's likely he's also faced some discrimination on his job hunt. AdvertisementJared said he also suspects that being a Black man has sometimes worked against him during job interviews. AdvertisementInterviewing can be a difficult skill to masterA competitive job market and discrimination during the hiring process aren't the only reasons Jared thinks he's struggled to land a job. While Jared feels he has a pretty good handle on the job market challenges he's facing, he said that sometimes, certain developments can perplex him.
Persons: , Jared, he's, who's, What's, it's, George Floyd, haven't, wasn't, he'd, hadn't, I'm Organizations: Service, Business, LinkedIn Locations: New York, California
Read previewMario Vasquez Zuniga, 29, got a taste of entrepreneurship three years before he launched his own business. In 2023, Vasquez Zuniga quit his job and cofounded Collective, a consulting firm, with former colleague Thea Appling. Vasquez Zuniga is a first-generation college graduate who earned his degree from San Francisco State University in 2016. Vasquez Zuniga has another advantage: He's a native Spanish speaker, and he said nearly all of the people he works with are bilingual. Vasquez Zuniga added that setting milestones is also key for new entrepreneurs.
Persons: , Mario Vasquez Zuniga, Vasquez Zuniga, Thea Appling, " Vasquez Zuniga, who's, undervalue, they've, hasn't Organizations: Service, Lucas Public Affairs, Business, Treasury Department, Bureau of Labor Statistics, San Francisco State University, Small Business Administration, CPA, Sacramento Valley Small Business Development Center, Immigrants Locations: Palmdale , California, Sacramento, El Salvador, Spanish
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