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☆ The 10 U.S. places with the highest cost of living—No. 1 costs more than double the national average
▼ + stars: | 2024-06-29 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

The cost of living in Manhattan is more than twice the national average. The second- and third-most expensive places are Honolulu and San Jose, California, but in comparison, they are much more affordable. That's according to the Council for Community and Economic Research's Cost of Living Index, which measures regional price differences for everyday goods and services in 271 urban areas in the U.S. A composite score of 100 is the national average, and any score higher than 100 is above average. Data for the Cost of Living Index was collected from Jan. 1, 2024, through March 31, 2024.

Persons: isn't, That's Organizations: —, Council for Community, U.S, New, Angeles, CNBC Locations: New York, Manhattan, U.S, Honolulu, San Jose , California, Jose, Jose , California, Francisco, York, Brooklyn, Orange County , California, Long, Queens, Washington, Boston, New York City, Decatur , Illinois

☆ A 64-year-old woman outperformed millionaires in the anti-aging 'Rejuvenation Olympics' — using a much simpler and cheaper routine
▼ + stars: | 2024-06-25 | by ( ) www.businessinsider.com time to read: +6 min

Read previewA 64-year-old grandmother-of-11 has become one of the buzziest names in the longevity world by beating billionaires at anti-aging with a simple and inexpensive routine. The rest of her longevity routine costs little or nothing to follow, and there's good science to suggest her habits have helped keep her young and healthy. Hardison said she's been a health-conscious eater since she was a teen, watching fad diets come and go. And I cook because if I'm going to eat, I want it to be good," Hardison said. They include ingredients like:AdvertisementMagnesium, which research suggests is good for healthy bones and regulates blood pressure and blood sugar.

Persons: —, Amy Hardison, Bryan Johnson, Hardison's, Hardison, she's, Ginger, isn't, I'm Organizations: Service, Business

☆ Retirement 'super savers' tend to have the biggest 401(k) balances. Here's what they do differently
▼ + stars: | 2024-06-25 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

A retirement savings crisis is looming for people who have 401(k) plans and other retirement balances woefully short of what they will need to live on. But some workers — called "super savers" — are managing to successfully grow their retirement nest eggs. Super savers are workers who are putting away more than 10% of their salaries toward their retirement plans, according to new research from nonprofit Transamerica Institute and its division Transamerica Center for Retirement Studies. The rest, 44%, have reached super saver status — with 15% of workers putting 11% to 15% of their annual pay toward retirement, Transamerica said. Notably, the youngest cohort — Generation Z — has the most super savers, with 53%, followed by millennials and baby boomers, each with 44%, and Generation X, with 40%.

Persons: —, Transamerica, millennials, Ted Jenkin, Jenkin Organizations: Transamerica Institute, Transamerica, Retirement Studies, CNBC, Finance, Social Security Workers Locations: Atlanta

☆ Our contributors rewatched the 2020 Biden-Trump debates for clues. Here’s what they predict will happen Thursday
▼ + stars: | 2024-06-24 | by ( Cnn Opinion | ) edition.cnn.com time to read: +27 min

Kate Bedingfield served as White House communications director in the Biden administration and was the deputy campaign manager on Biden’s 2020 presidential campaign. That contentious exchange during the 2020 debate put Biden on the defensive. A President Trump might make their decisions about retirement that much easier. David Urban, a CNN political commentator, served as an adviser to then-President Trump’s 2020 re-election campaign. On Thursday, President Biden needs to do it again.

Persons: isn’t, Joe Biden’s, Donald Trump’s, —, Stephanie Griffith, Scott Jennings, Trump, Donald Trump, Joe Biden, Biden, counterpunched Biden, CNN Trump masterfully, ” Scott Jennings Trump, mightily, George W, Bush, Sen, Mitch McConnell, Sophia A, Nelson Stephanie Honikel, Chris Wallace, Wallace, Trump’s, it’s, Nelson, It’s, Kate Bedingfield, Donald Trump Kate Bedingfield, Shermichael Singleton, Bill Clinton’s, James Carville, “, Democratic Barack Obama, they're, aren’t, “ It’s, David Axelrod, people’s, ” Biden, jibing Trump, ”, Barack Obama, Obama, David Urban, Amy Coney Barrett, Amy Coney Barrett's, Roe, Wade, Ronald Reagan, Bill Clinton, Reagan, Clinton, ” David Urban, Dobbs, Lady Jill Biden, Samuel Alito, Clarence Thomas, Bakari Sellers, Abraham Lincoln, chokeholds, Emmett Till, HBCUs ? Biden, Hilary Krieger Organizations: CNN, White, Biden, Scott Jennings CNN, Trump, Democratic, Republican, RunSwitch Public Relations, Capitol, GOP, Republican Government Reform, White House, NBC, Marist, Fox News, Global, Senate, United, Appeals, Federalist Society, American, United State Supreme Court, National Guard, South Carolina House of, Strom Law, CNN Opinion’s Locations: Cleveland , Ohio, Nashville , Tennessee, New York, Louisville , Kentucky, Charlottesville , Virginia, “, White, Charlottesville, Michigan, Scranton, Claymont, America, United States, Pennsylvania, HBCUs

☆ Four self-made millionaires echo the same advice for success: Just get started
▼ + stars: | 2024-06-21 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Throughout my time working at CNBC, I've chatted with different entrepreneurs, from people who started successful side hustles to the founders of global unicorn companies. In my conversations with successful entrepreneurs, I've found that those who became successful and "made it" tend to echo the same advice. Advice #2: Lean into what makes you uniqueAnother piece of advice Mahlum gave is to lean into what makes you yourself. "I think the best advice that I can give to fellow entrepreneurs is to be different," he told CNBC. Advice #4: Just get startedIn all my conversations with entrepreneurs, by far, the one piece of advice I've heard the most, is to simply get started.

Persons: Shawn Tsao, I've, Jason McGowan, McGowan, they'd, Anne Mahlum, Solidcore Anne Mahlum, Mahlum, Edward Tirtanata, Tirtanata, Uber, Jack Organizations: CNBC, I've, Lean, Nike Locations: New York, Solidcore, Indonesian, Southeast Asia

☆ Art experts and millionaires head to a Swiss town once a year for its annual Art Basel festival. Here's what it's like to visit as a first-timer.
▼ + stars: | 2024-06-21 | by ( Monica Humphries | ) www.businessinsider.com time to read: +8 min

I traveled to my first Art Basel, an international art fair hosted each summer in Basel, Switzerland. Collectively, this made up Art Basel, the world's premiere art show, where more than 250 gallerists feature 4,000 artists. Photo Basel and the Liste Art Fair Basel are hosted on the same weekend. Clara Tuma for BIBefore arriving in Basel, the art fair felt vaguely familiarI can't pinpoint the first time I heard about Art Basel. Growing up in Florida, I'm sure I heard murmurs about Art Basel Miami, one of the four locations where Art Basel fairs are held each year.

Persons: —, Paloma Varga Weisz, Gordon Parks, Pat Steir, Clara Tuma, could've, I'm, David Zwirner, Joan, Serena Williams, Julio Le Parc, Ryan Gander, Keith Haring, Francisco Sierra's, Alfredo Jaar's, Seba Calfuqueo, gallerists, crosse, Beyeler, Agnes Denes, Basel's, Mandy El, Eric Hattan, Eric Hattan's Organizations: Art Basel, Service, Art, BI, Liste Art Fair, Basel, Art Basel Miami, FDR, New, Botanical, tote Locations: Basel, Switzerland, Art Basel, Swiss, Art, Florida

☆ Israel is losing its allure for millionaires as war shatters its image as a 'safe haven'
▼ + stars: | 2024-06-20 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Between 2013 and 2022, Israel attracted a net inflow of over 10,500 high-net-worth individuals, according to Henley & Partners. According to Henley & Partners data, in 2023, inquiries about immigration programs in exchange for investments from Israelis increased by 232%. Despite the recent net outflow of millionaires, Marconi told Business Insider there remains a draw for wealthy individuals. Additionally, as the world's only Jewish state, he said it would always attract wealthy individuals seeking religious refuge. AdvertisementIn an article for Henley & Partners, Marconi also pointed out that Israel had long "stood out as a rare economic bright spot in a turbulent region."

Persons: —, Dan Marconi, Marconi, Israel Organizations: Service, Henley Private Wealth, Henley & Partners, Business, Henley & Partners Israel, Marconi, BI, Israel Locations: Israel, Gaza

☆ Americans could be on a tight budget this summer
▼ + stars: | 2024-06-20 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Americans tend to shell out in the summer as they venture outdoors, book trips and step away from their desks. Consumers plan to spend less on away-from-home entertainment and vacations this summer, according to the 2024 KPMG Consumer Pulse Survey released Tuesday. That’s a contrast to last year when Americans shelled out on the “Barbenheimer” phenomenon, Taylor Swift and Beyoncé concert tickets and getaways. Retailers that offer Americans more bang for their buck including Ross Stores, TJ Maxx and HomeGoods-parent TJX, Dollar General and Walmart have benefitted. Americans are also feeling worse about the economy as they struggle with elevated inflation and high borrowing rates.

Persons: Taylor Swift, It’s, ”, Duleep Rodrigo, TJ Maxx, Mark Thompson, Henley, ” Hannah White, —, OpenAI’s Organizations: CNN Business, Bell, New York CNN, Pulse Survey, Commerce Department, Federal Reserve, Retailers, Ross Stores, Walmart, Abercrombie, Fitch, Williams, University, Michigan’s, Millionaires, Labour, Henley & Partners, Institute for Government, City of, Henley Private Wealth, Nvidia, Microsoft, Apple Locations: New York, Sonoma, Britain, United Kingdom, City of London

☆ The UAE is set to be the world's 'wealth magnet' this year, with 6,700 millionaires expected to move there
▼ + stars: | 2024-06-19 | by ( Kiera Fields | ) www.businessinsider.com time to read: +1 min

A record 128,000 millionaires are expected to move countries in 2024, according to a new report. Data from Henley & Partners shows the UAE has the largest predicted inflow of millionaires. This is the third year the UAE, dubbed a "wealth magnet" by the firm, topped the list. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That's nearly double the inflow to the US, which had the second-highest expected migration of millionaires, at 3,800.

Persons: —, That's Organizations: Henley & Partners, Service, United, Business Locations: UAE, United Arab Emirates

☆ The UAE is set to be the No. 1 'wealth magnet' in the world, new report shows
▼ + stars: | 2024-06-19 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

The UAE expects to see a net inflow of 6,700 millionaires from around the world by the end of 2024, according to new research. The tiny Gulf nation is expected to see an unprecedented net inflow of 6,700 millionaires from around the world by the end of 2024, according to the report released on June 18. That's according to new research by Henley Private Wealth Migration Report . The United Arab Emirates is set to be the world's leading wealth magnet for the third year in a row. The data for the report was supplied by global wealth intelligence firm New World Wealth and features insights on the inflows and outflows of millionaires and their migration patterns globally.

Persons: Dominic Volek, Hannah White Organizations: Henley Private Wealth, United, Henley & Partners, Henley, Partners, Singapore, Institute for Government, Millionaires Locations: UAE, United States, United Arab Emirates, Henley, States, America, Singapore, Canada, Australia, Italy, Switzerland, Greece, Portugal, Japan, East, India, Russia, Africa, United Kingdom, Europe, Asia, China, Kingdom, Korea, Brazil, Taiwan, Taipei, Nigeria, Vietnam

☆ Millionaires are abandoning the UK in their droves, new research shows
▼ + stars: | 2024-06-18 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

LONDON — A record number of millionaires is expected to leave the United Kingdom this year, according to new research, with this year's general election expected to further exacerbate the exodus. The U.K. came second to only China in Henley's ranking, with the eastern Asian giant expected to see net outflows of 15,200 millionaires in 2024. "However, this trend began to reverse around a decade ago as more millionaires began to leave the country and fewer came in," it said in its report. "Notably, during the six-year period from 2017 to 2023 post-Brexit, the U.K. lost a total of 16,500 millionaires to migration. Hannah White, CEO of the Institute for Government think tank, noted that the millionaire exodus could be accelerated by this year's general election.

Persons: Hannah White Organizations: Henley Private Wealth, Henley, Institute, Government Locations: United Kingdom, Britain, China, Henley's, Europe, Africa, Asia

☆ UK millionaires are fleeing Britain in their thousands
▼ + stars: | 2024-06-18 | by ( Mark Thompson | ) edition.cnn.com time to read: +4 min

The continuing exodus from the UK — 16,500 millionaires left between 2017 and 2023 — is part of a global mass migration of the rich that appears to be accelerating. The Henley Private Wealth Migration report found that 128,000 millionaires are set to relocate this year, beating last year’s record by 8,000. By contrast, the ranks of the wealthy have grown in the US, Canada, Australia, Germany and France over the same period. “The outflow of high-net-worth individuals already generated by the economic and political context is now being accelerated by policy decisions ahead of the election,” said White. Still, one very rich couple will apparently be staying, whatever the result on July 4.

Persons: Henley, ” Hannah White, —, ” Dominic Volek, Liz Truss, Keir Starmer’s, Rishi Sunak’s, Starmer, Rachel Reeves, ”, White, Akshata Murty, Sunday Times Rich, King Charles, Sunak Organizations: London CNN, Labour, Henley & Partners, Institute for Government, City of, Henley Private Wealth, European Union, Bank of England, Keir Starmer’s Labour Party, Sunday Times Locations: United Kingdom, City of London, China, Japan, Hong Kong, Canada, Australia, Germany, France, Ukraine, England

☆ Hardware is Wall Street's new favorite bet
▼ + stars: | 2024-06-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the Apple-Google partnership that shows why hardware has become Wall Street's new favorite bet . The big storyHardware is hotGetty Images; Chelsea Jia Feng/BISoftware may still eat the world, but only with the help of some serious hardware. But generative AI has put a considerable spotlight on a less sexy part of tech: hardware. That's playing out in the stock market, where hardware tech stocks have outperformed software tech stocks by 30 percentage points this year , writes BI's Matthew Fox.

Persons: —, Chelsea Jia Feng, Marc Andreessen's, Hugh Langley, That's, BI's Matthew Fox, it's, Steve Schwarzman, Jon Gray, Brian Ach, Tyler Le, Andy Sieg, Merrill Wealth, Dan Sundheim, Chris Tuite, Trump, Elon Musk, hasn't, Jimmy Simpson, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Elon, Apple, Business, Apple Intelligence, OpenAI, Google, Microsoft, Amazon, Oracle, Street, Nvidia, Broadcom, Blackstone, Merrill, D1 Capital, YouTube, Netflix, BI, Cannes Lions, advertising's Locations: That's, New York, London

☆ Welcome to the age of geriatric millionaires
▼ + stars: | 2024-06-15 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

While it makes sense that time is often a crucial ingredient to accruing savings and assets, the average age of millionaires in the US has been rising faster than the average age of the overall population over the last three decades. How millionaires are changingSince 1992, the average age of the country's millionaires has been going up. That means that younger millionaires aren't joining their ranks fast enough to keep the average age steady. Millionaires are overrepresented beginning around age 50, but track pretty cleanly with the cohort in their 40's. What does it mean to have so many older millionaires?

Persons: —, Chuck Collins, inequality.org, Collins, America's, aren't, Garrett Watson, that's, Watson, Xers, Gen Xers, they've, haven't, That's, It's, Ed Yardeni, They're, Redfin, King Charles, King Charles III of, it's, You've Organizations: Service, Business, Policy Studies, Forbes, Consumer, Millionaires, Tax, Security, Labor, Institute for Policy Studies Locations: United Kingdom

☆ American Power Shift: CEOs, Average Employees Live in Different Cities
▼ + stars: | 2024-06-12 | by ( Ned Resnikoff | ) www.businessinsider.com time to read: +9 min

Given this truism, it's no wonder that the populations of America's so-called superstar cities have stagnated while the Sun Belt's metropolitan areas have boomed. The COVID-era transition to more remote work accelerated this process of "domestic offshoring," a recent study by the workforce-analytics company ADP found. Domestic offshoring regionally segregates middle- and working-class employees from their employers, making it far more difficult for the former group to advance professionally. Domestic offshoring threatens to lock in these effects, potentially costing the country trillions of dollars in forgone wealth creation. But if domestic offshoring persists, fewer of the city's other residents will be middle-class professionals; those people will tend to congregate in domestic-offshoring sites.

Persons: Austin, Chang, Tai Hsieh, Enrico Moretti, Ned Resnikoff Organizations: Sun, Orlando, America, —, Companies, Workers Locations: California, New York, Los Angeles, San Francisco, Jacksonville , Florida, Raleigh , North Carolina, Texas , Arizona, Florida, Austin, Raleigh, Charlotte, North Carolina, America's, Nashville, Bay, Tennessee, New York City, San Francisco and New York

☆ An inside look at the weekend the GameStop frenzy began on WallStreetBets
▼ + stars: | 2024-06-10 | by ( Nathaniel Popper | ) www.businessinsider.com time to read: +19 min

Like Tesla and Palantir, GameStop was a popular stock to short among hedge funds, though GameStop took it to a whole new level. "That's how I feel about these GME posts that are using the 'P' and get in so we can cause an 'S' words that are no-nos." That was enough to make WallStreetBets the seventh-largest holder of GameStop stock, ahead of some of the big Wall Street investment firms that had shown interest in the stock. AdvertisementOn WallStreetBets, Alzmann shared the growing evidence that Cohen was indeed planning to take a more active role at GameStop. AdvertisementBut when Cramer dug into the conversation happening around GameStop on WallStreetBets, he saw that something new and more sophisticated was happening.

Persons: GameStop, Jaime Rogozinski, Tesla, Jordan Zazzara, I've, Zazzara, Ryan Cohen, Andrew Left, ahem Citron, PLTR, here's, Citron, We're, WallStreetBets, Uberkikz11, I'm, Ryder, Rod Alzmann, Bolt, Alzmann, Kitty, Roaring Kitty, StockTwits, lockdowns, Nathaniel Popper, Harper Collins, Cohen, Jim Cramer, manipulatively, Cramer, who've, It's Organizations: GameStop, Sony, Business, Twitter, Gamestop, Virgin Galactic, Blockbuster, Netflix, Citron Research, Research, Vanguard, YouTube, Roaring, Roaring Kitty, Owls, WSB, shits, GME Owls, CNBC, Virgin, Street Books, HarperCollins Publishers, Misfits Locations: sweatpants, Tampa , Florida

☆ The U.S. added 600,000 new millionaires last year as AI fueled markets
▼ + stars: | 2024-06-07 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

America's millionaire population grew 7.3% in 2023 to 7.5 million people, according to a report from Capgemini . Their combined fortunes grew to $26.1 trillion, up 7% from 2022. Capgemini defines millionaires as those with investible assets of $1 million or more not including primary residence, collectibles or consumer durables. The number of millionaires worldwide grew 5.1% last year, to 22.8 million, according to the report. Their combined fortunes grew to a record $86.8 trillion.

Persons: Robert Frank, Elias Ghanem, Ghanem Organizations: B2m, Capgemini Research Institute, Financial Services, U.S, Nasdaq Locations: Capgemini, North America, Asia, Pacific, Europe, America, Africa, North, U.S

☆ Mark Cuban turned 91% of his employees into millionaires when he sold a company for $5.7 billion
▼ + stars: | 2024-06-07 | by ( Alex Koller | ) www.cnbc.com time to read: +4 min

Cuban started the practice after selling his first company, a software firm called MicroSolutions, for $6 million to CompuServe in 1990. He took 20% of the total sale price, he tells CNBC Make It, and paid it out to 80 employees — which would equate to $15,000 per staffer, if distributed equally. "It was f---ed up," Cuban told Barstool Sports' "Pardon My Take" podcast in 2020. The business bounced back, and Cuban sold MicroSolutions five years later, making him a millionaire. "It was all about fun," Cuban told "The Draymond Green Show" podcast, in an April episode.

Persons: Mark Cuban, I've, Cuban, Cuban's, MicroSolutions, Barstool, CBS's, he'd, Adelson, Dumont Organizations: Yahoo, CompuServe, CNBC, HDNet, NBA's Dallas Mavericks, Mavericks, Vegas Sands Corporation, Associated Press, Forbes Locations: Cuban

☆ Parents with young kids are fleeing New York City in droves. Skyrocketing housing and daycare costs are to blame.
▼ + stars: | 2024-06-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

The concrete jungle is an increasingly unfriendly playground for young kids and their parents. Families with kids under six years old are more than twice as likely to leave New York City than families without young kids, according to a new report from the Fiscal Policy Institute, a left-leaning think tank. To make matters worse, many parents of young kids were thrown into a panic several months ago when New York City Mayor Eric Adams announced he would cut $567 million from public preschool programs for three-year-olds. Between 2020 and 2022, 17,500 millionaires moved into New York City, while 2,400 left, FPI reported last year. Have you left New York City or State because of rising childcare and housing costs?

Persons: Eric Adams, Adams, FPI Organizations: Service, Fiscal, Institute, Business, The New York Times, New York City, Yorkers Locations: New York City, The, New, New York, Black

☆ The super-rich are moving cash to one city, wealth manager says, revealing how they're investing
▼ + stars: | 2024-06-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

"A lot of wealth, especially from ultra-high-net-worth individuals, is moving to Dubai," Dhruba Jyoti Sengupta, CEO of Wrise Private Middle East, told CNBC Pro on May 31. Sengupta — whose firm serves ultra-high-net-worth and high-net-worth individuals across Asia, the Middle East and Europe — said he regularly receives inquiries from individuals about investing in Dubai. The consultancy firm, which tracks private wealth and global investment migration trends, ranked it as the 21st wealthiest city in the world. "In fact, the super-wealthy do a lot of diversification and invest in different geographies and assets using Dubai as a gateway." Portfolio allocation Sengupta also revealed how individuals with around $10 million to invest typically allocate funds: $3 million (30%) in wealth accumulation.

Persons: Dhruba Jyoti Sengupta, Sengupta —, Europe —, Sengupta Organizations: Wrise, CNBC Pro, United Arab, Henley & Partners, Citibank Locations: India, South Korea, Dubai, Asia, East, Europe, Indonesia, United Arab Emirates, Africa

☆ I'm self-employed, and I've found 6 essential ways to invest in my business
▼ + stars: | 2024-06-04 | by ( Aleenah Ansari | ) www.businessinsider.com time to read: +5 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRunning a freelance writing business has brought many learning curves, and one of my biggest realizations is the importance of investing in myself. After three years of running my business, I have six tools that have been the most valuable. The Libby app for reading and learning on the goEqually important to being a good writer is reading good writing.

Persons: —, I've, it's, haven't, Libby, Rachel Rodgers, Elaine Welteroth, Amanda Montell Organizations: Service, Business, Quickbooks

☆ My family covered the bridesmaids' expenses at my daughters' weddings because it didn't seem right to ask the women to pay
▼ + stars: | 2024-06-04 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Jordison, who worked as a school librarian and preschool teacher before retiring, said that when her daughters got married in the aughts, they opted to pay for all the bridesmaids' expenses. Related storiesFor her first daughter's wedding, Jordison said she knew they wanted to cover the bridesmaid expenses. She said for her first daughter's wedding they were able to have 400 guests, but opted not to do a sit-down dinner and didn't have any wedding favors. AdvertisementJordison said covering the bridesmaids' expenses was well worth it. They also say there are some costs bridesmaids expect to pay, like for their dress, while others should be optional or covered by the bride, like hair and makeup.

Persons: —, Jean Jordison's, Jordison, we're Organizations: Service, Business Locations: Iowa City , Iowa, bridesmaids

☆ 'The one thing I really wish I did': 3 self-made millionaires who retired early share their biggest money regrets
▼ + stars: | 2024-06-01 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Early retirees often have plenty of reasons to gloat about their financial prowess. CNBC Make It spoke with three millionaire early retirees who have no second thoughts about the decision to live on their own financial terms, although there are some things they wish they had done differently. He eventually saved a large portion of his salary and invested it, but that wasn't necessarily the case early on. "The one thing I really wish I did more of was saving, and especially investing more aggressively," he says. Chasing maximum gainsAlex Trias left his job at age 41 and a few years later, moved to a popular destination for American early retirees: Portugal.

Persons: Steve Adcock, Adcock, Alex Trias, Trias, Noki Organizations: CNBC Locations: Portugal, Lisbon

☆ IRS plans to make its free tax filing program permanent
▼ + stars: | 2024-05-30 | by ( Katie Lobosco | ) edition.cnn.com time to read: +5 min

Washington CNN —The Internal Revenue Service said Thursday that it will continue and expand its free tax filing program in 2025. It provides step-by-step guidance to taxpayers filing their federal tax returns. Direct File was available to people with certain simple tax returns in 12 states during the 2024 tax filing season. More than 140,000 people successfully filed their federal tax returns using Direct File, exceeding the agency’s expectations. During the 2024 tax filing season, eligibility was limited to people with simple tax returns.

Persons: Biden, they’re, Janet Yellen, “, Danny Werfel, haven’t, Werfel Organizations: Washington CNN, Internal Revenue Service, Democrat, “, IRS Locations: Washington, ”

☆ A millennial who had a mini-retirement at 38 shares her strategies for achieving financial independence — and why she wants to return to the workforce
▼ + stars: | 2024-05-29 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

When her daughter enrolls in kindergarten soon, Horrocks said she will return to the workforce but not to the high-stress position she held. Instead, given the luxury to pursue her passions, she's considering financial coaching or planning as options. "I think work is not the goal. She no longer needs to strive for the highest-paying or most prestigious position, and she's considered becoming a financial coach to help people achieve their financial goals. "Also, a lot of financial advisors don't have their client's best interests at heart and aren't wealthy themselves."

Persons: Sabina Horrocks, Horrocks, isn't hustles, Nobody's, We've, They've, we've, she's Organizations: Service, Business, Advisors Locations: Chicago

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