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This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

Organizations: CNBC

Jae Byun, 31, earns around $115,000 teaching math and coaching basketball at a high school in Orange County, California. Now seven years in, the 31-year-old earned $114,099 for the 2021-2022 academic year between teaching and coaching during the school year, teaching summer school and coaching over the summer in California's Fullerton school district. My parents taught me the value of money and that money doesn't grow on trees. Jae Byun"My parents taught me the value of money and that money doesn't grow on trees," Byun says. For the two summer months, he taught summer school and coached summer programs.

Persons: Jae Byun, didn't, Byun, Tristan Pelletier, Orange County Byun, I've, they've, weren't, Byun didn't, he's, Roth Organizations: CNBC, University of California, UC Irvine, California State University, Fullerton, Concordia University, U.S, National Education Association, Roth IRA Locations: Irvine, Orange County , California, California's Fullerton, Orange County, South Korea, Fullerton , California, U.S, California, Mississippi

☆ Here’s the credit score you need to buy a home—it’s not a perfect 850
▼ + stars: | 2023-09-23 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

If a low credit score is keeping you from buying a home, you're not alone. To qualify for a conventional loan, the most commonly used mortgage loan, you'll typically need at least a credit score of 620, Experian says. Here are the credit score ranges that qualify as poor, fair, good, very good and exceptional, according to Experian. "The score is a measure of risk, so the lower your score, the more risk the lender is taking with you," Opperman says. "The higher your score, the lower the risk, so a lender will charge you less interest the higher your score gets."

Persons: Melinda Opperman, Experian, Opperman Organizations: Survey, CNBC

☆ Mark Cuban lost nearly $900,000 to crypto hackers—how investors can avoid similar scams
▼ + stars: | 2023-09-21 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Tech billionaire Mark Cuban recently lost nearly $900,000 worth of crypto to a scam that could happen to any crypto owner. On Friday, apparent hackers drained Cuban's digital wallet of around $870,000 worth of various types of cryptocurrencies, including various stablecoins, SuperRare and Ethereum Name Service tokens, according to crypto news outlet DL News. However, Cuban says he believes he downloaded a fraudulent version of the popular app that he found in a Google search, according to DL News. That's one reason financial experts advise against putting more money into crypto than you're willing to potentially lose. Before the hackers made off with more of Cubans digital funds, he says he was able to transfer his remaining virtual assets to Coinbase, per DL News.

Persons: Mark Cuban, Kenny Estes, they're Organizations: Tech, Cuban, CNBC Locations: MetaMask

☆ Most Americans aren't interested in AI tools like ChatGPT for money advice—why that's probably a good thing
▼ + stars: | 2023-09-15 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Nearly 60% of Americans say they're not interested at all in using AI tools to help them manage their money, according to a new CNBC Your Money survey conducted by Survey Monkey. In fact, only about 4% say they've already used AI to help them with their finances. Americans are using artificially intelligent chatbots like ChatGPT to boost their resumes and accelerate their side hustles , but it doesn't look like they're turning to the tool for financial advice. Publicly traded companies publish quarterly earning reports, which can be a good source of information about the financial health of a company. Also, OpenAI warns users that ChatGPT may write "plausible-sounding but incorrect or nonsensical answers" and the tool isn't intended to give advice.

Persons: they're, Douglas Boneparth, it's, OpenAI, Warren Buffett Organizations: CNBC, Survey, Publicly Locations: U.S

☆ The 10 most expensive U.S. states to retire in 2023—California isn’t No. 1
▼ + stars: | 2023-09-12 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

And now, the state overall ranks as the most expensive place to retire in the U.S., according to recent Bankrate data. New York moved up to the top spot from ninth place on last year's list of the most expensive states to retire. California ranks as the second-most expensive state to retire for the second year in a row, according to Bankrate. The Golden State doesn't tax Social Security benefits, but applies income taxes to withdrawals from other sources. Here are the top 10 most expensive U.S. states to retire in 2023, according to Bankrate.

Persons: Bankrate, — it’s Organizations: Tax Foundation, Council for Community, Economic Research, Fiscal, Security, State Locations: York City, U.S, New York, NYC, California

☆ This self-made millionaire and her fiancé never fight about money—here’s their secret
▼ + stars: | 2023-09-03 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Just ask Vivian Tu, a self-made millionaire and the founder of YourRichBFF. Tu and her partner have been together for six years and never fight about money, she tells CNBC Make It. "We have probably one serious fight every single year and not once has it been about money," she says. With this approach, Tu and her fiancé each have their own separate bank accounts, plus a joint account they both deposit into. They use the joint account to pay for their shared expenses, such as utility bills, mortgage payments and groceries, she says.

Persons: Vivian Tu Organizations: CNBC

☆ SEC orders LA-based company to pay $6.1 million for alleged sale of NFTs as unregistered securities–what investors should know
▼ + stars: | 2023-09-01 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

On Monday, the SEC fined Impact Theory, a Los Angeles-based entertainment company, $6.1 million, alleging the NFTs sold by the company were unregistered crypto asset securities, per an August 28 press release. The SEC alleges Impact Theory told investors who purchased them that they would "profit from their purchases" if the company was successful down the road. Impact Theory reportedly raised about $30 million through its NFT sales. Impact Theory hasn't admitted or denied the SEC's allegations, but has agreed to a cease-and-desist order. The company will also destroy any remaining NFTs in its possession and return funds to investors who purchased NFTs, according to the SEC's press release.

Persons: hasn't Organizations: Securities and Exchange Commission, SEC Locations: Los Angeles

☆ The 10 cheapest U.S. states to retire—Florida doesn't make the list
▼ + stars: | 2023-08-31 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

West Virginia ranks as the least expensive state to retire in 2023, according to data from Bankrate's "Best and Worst States to Retire" list. The state's light tax burden and low cost of living may make it an attractive option for retirees. West Virginia is relatively tax-friendly toward retirees, according to SmartAsset. Although Florida has long been considered a popular destination for retirees, the state didn't place among the cheapest states to retire for the second year in a row. Here are the most and least affordable states to retire in 2023, according to Bankrate.

Organizations: West Virginia, States, Council for Community, Tax Foundation, Sunshine State, National Association of Realtors Locations: Virginia, West, Florida

☆ 32-year-old old mom of 2 has saved over $1,000 on groceries this year by couponing: 'I promise anybody can do this'
▼ + stars: | 2023-08-29 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +4 min

During another August shopping trip to CVS, her store coupons brought her $130 total down to about $26. Kiersti Torok, a 32-year-old mom of two, says coupons help her to save money on household essentials. "I was sitting at the table texting out deals every Sunday to people because they were trying to figure out how to save money on essentials." How you can save money using couponsIf you want to start couponing, Torok's No. "It'll take you five minutes to go through your whole cart and scan and clip the coupons," Torok says.

Persons: Torok, it's, we'd, Kiersti, Justin Vagle, We've, TikTok Organizations: CVS, Dollar, Backstreet Boys, CNBC

☆ Amazon will soon let you pay for groceries with your palm at any Whole Foods—but tech experts urge caution
▼ + stars: | 2023-08-26 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +4 min

Amazon One is a type of biometric-based form of payment which uses your unique physical features, such as your face or palm print, to authorize payments. This means customers who sign up for the Amazon One program won't need their wallets or phones to pay for groceries. To its credit, Amazon says its palm scanners use liveness-detection technology and are able to tell the difference between a live palm and a fake one. Consumers should also be aware that the database where their biometric data is stored could potentially be hacked. It's important to understand that your biometric information is some of the most sensitive data you create, says Greer.

Persons: you'll, that's, Hafiz Malik, Malik, Evan Greer, Cynthia Rudin, Rudin, Greer, That's, Warren Buffett Organizations: Foods, University of Michigan, Corporations, CNBC, Duke University Locations: U.S

☆ Here's how much money Americans in their 50s have in their 401(k)s
▼ + stars: | 2023-08-21 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

For many Americans in their 50s, retirement is right around the corner. By the time you turn 50, you should aim to have around six times your salary saved for retirement, according to Fidelity. On average, Americans between the ages of 50 and 59 have around $189,800 in their 401(k)s, according to data from Fidelity Investments Q2 2023 Retirement Analysis provided to CNBC Make It. The median 401(k) balance for Americans in their 50s is $57,000, meaning half of 401(k) balances are lower than this amount and half are higher. Median account balance is considered a more accurate representation of what most people have actually saved for retirement.

Persons: haven't Organizations: Fidelity, Fidelity Investments, CNBC

☆ The No. 1 best state to retire in the U.S.—it's not Florida
▼ + stars: | 2023-08-19 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

The best state to retire in 2023 isn't Florida. 1 state to retire, according to a recent Bankrate study. To determine which states are the best for retirees, Bankrate used data from a number of sources, including the U.S. Census Bureau, the Tax Foundation and the Centers for Medicare and Medicaid. Since most retirees live on a fixed income, lower housing costs can help them stretch their dollars further than other states, Bankrate reports. Here are the best and worst states to retire in 2023, according to Bankrate.

Organizations: Southeast . Iowa, U.S . Census Bureau, Tax Foundation, Centers, Medicare Locations: Florida, Southeast

☆ 'Girl math' is all over TikTok, but it 'straight-up does not work,' says self-made millionaire
▼ + stars: | 2023-08-17 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

All over TikTok, "girl math" is being used to justify almost any purchase, from everyday things like $5 coffees to big-ticket items like concert tickets. While everyone's version of girl math is different, it typically involves rationalizing your spending in often illogical ways. Say you buy your daily coffee with cash, rather than your credit card — it's basically free, according to girl math. On TikTok, there are hundreds of videos tagged as "girl math," with some amassing millions of views. "That strategy straight-up does not work because it will catch up with you," Tu tells CNBC Make It.

Persons: it's, Tori Dunlap, Dunlap, Vivian Tu, you'll, I'm Organizations: CNBC

☆ Once you hit this credit score, ‘there’s no benefit to scoring higher,’ says expert: ‘It’s just bragging rights’
▼ + stars: | 2023-08-14 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

While having a perfect 850 credit score is impressive, you don't necessarily need it to unlock the best benefits. Here are the ranges that generally qualify as poor, fair, good, very good and exceptional, according to Experian. "Every 20 points or so can make a big difference in the battleground between fair, good and excellent credit," he says. Say you have a 675 credit score and qualify for a $300,000 mortgage with an interest rate of 7.5%. "This is a great illustration of why your credit score really matters," he says.

Persons: Ted Rossman, Rossman, you'd Organizations: CNBC

☆ PayPal is diving deeper into crypto by launching its own stablecoin—what investors should know
▼ + stars: | 2023-08-10 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

PayPal has added a new cryptocurrency to its roster: PayPal USD (PYUSD). On Monday, the online payments service became the first major U.S. financial company to launch its own U.S. dollar-backed stablecoin. PayPal USD is "100% backed by U.S. dollar deposits, short-term U.S. Treasuries and similar cash equivalents," according to a Monday press release. Additionally, PayPal's stablecoin is redeemable 1:1 for U.S. dollars, which means one PayPal USD can be redeemed for one U.S. dollar and vice versa. Notably, Paxos was ordered to stop issuing Binance's dollar-pegged stablecoin, BUSD, by the New York State Department of Financial Services in February.

Persons: PYUSD, Paxos, PayPal's, Dan Schulman Organizations: PayPal, U.S ., U.S, Paxos Trust Company, New York State Department of Financial Services

☆ Harvard expert: Use this formula to improve your life satisfaction and your relationship with money
▼ + stars: | 2023-08-07 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

She herself had spent most of her life on that hamster wheel, she notes, while working in the financial services industry. That can lead to feeling unsatisfied with your life despite your accomplishments and how much money you've earned, she says. "In the absence of emotional well-being, incremental money above and beyond what you need doesn't increase your life satisfaction," she says. But it does help to have confidence and clarity about your relationship with money and the role you want it to play in your life. With that in mind, Thakor recommends a better equation: Financial health + Emotional wealth = Money Zen.

Persons: Manisha Thakor, you've, Thakor Organizations: Harvard Business School, CNBC

☆ The No. 1 worst U.S. state to retire — it's not New York or California
▼ + stars: | 2023-08-05 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

For the second year in a row, Alaska ranks as the worst state to retire, according to a recent Bankrate study. Despite placing 20th on last year's list of best states to retire, New York came in 49th this year. Meanwhile, California maintained its standing as the third worst state to retire. A massive housing shortage has caused living costs to rise in the Golden State, placing it 49th place in affordability, following closely behind New York. Here are the 10 worst states to retire in 2023, according to Bankrate.

Persons: Bankrate Organizations: U.S . Census Bureau, Tax Foundation, National Oceanic, Atmospheric Administration, New York, Golden State Locations: Alaska, , New York, New, California, Golden, New York

☆ Tupperware’s stock price is up nearly 500% in 2 weeks—but think carefully before buying into the hype, says CFP
▼ + stars: | 2023-08-04 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Lately, it seems that retail traders have been focused on Tupperware. The share price of the iconic food container brand has seen a meteoric rise over the past two weeks. That's up nearly 480% from when its stock price hit a 52-week low of $0.61 per share on July 20. Tupperware's rapid rise is being fueled by retail traders who are buying up the stock and driving the price higher, according to Barron's. Other well-known companies have experienced similar boosts in the past, thanks to retail traders too.

Persons: Tupperware Organizations: GameStop, AMC Entertainment

☆ The top 10 U.S. cities for retirees — No. 1 isn’t in Florida
▼ + stars: | 2023-07-23 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

Many cities in Florida remain popular retirement destinations, but a Pennsylvania city ranks as the best place to spend your post-work years. A second Pennsylvania city, state capital Harrisburg, is No. It's clear Pennsylvania and Florida dominate the top spots on the list of best places to retire. Florida doesn't tax income and Pennsylvania doesn't tax retirement pensions and distributions from 401(k)s, IRAs or Social Security, according to Kiplinger. Here are the top 10 U.S. cities for retirees, according to U.S. News & World Report:Lancaster, Pennsylvania Harrisburg, Pennsylvania Pensacola, Florida Tampa, Florida York, Pennsylvania Naples, Florida Daytona Beach, Florida Ann Arbor, Michigan Allentown, Pennsylvania Reading, PennsylvaniaWhile lists like these can be helpful while researching potential retirement locations, remember that everyone's ideal retirement is unique and shaped by different priorities.

Persons: Lancaster, Warren Buffett Organizations: U.S . News, U.S ., . News, U.S . Census, Tax Foundation, Louis Federal Reserve Bank, Pensacola, Security, Kiplinger Locations: Florida, Pennsylvania, Lancaster , Pennsylvania, U.S, Puerto Rico, Lancaster, Harrisburg, Lancaster , Pennsylvania Harrisburg , Pennsylvania Pensacola, Florida Tampa , Florida York, Pennsylvania Naples, Beach , Florida Ann Arbor , Michigan Allentown , Pennsylvania Reading

☆ You'd need to be a millionaire with great credit to buy the life-size Barbie Malibu Dreamhouse
▼ + stars: | 2023-07-22 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

In the real world, it would be pretty expensive to live like Barbie — especially when it comes to housing. Consider Airbnb's life-size Barbie Dreamhouse rental in Malibu, an all-pink mansion decked out in Barbie décor, for example. That's a pretty high credit score; any score between 740 and 799 qualifies as "very good," according to Experian. While the oceanfront estate is privately owned and isn't actively for sale, several real estate companies have given varying estimates of what it may be worth. RubyHome estimates the pink mansion is worth about $10 million, Mariotti says.

Persons: Barbie, Barbie décor, Tony Mariotti, It's, Mariotti Organizations: CNBC Locations: Malibu

☆ Here's how much Americans in their 40s have in their 401(k)s
▼ + stars: | 2023-07-13 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

People in their 40s may not be saving enough for retirement. Ideally, you should aim to have around three times your pre-tax salary saved for retirement by the time you enter your 40s in order to maintain your current lifestyle in retirement, according to Fidelity Investments. This means if you're in your 40s and earn $60,000 annually, you should aim to have around $180,000 already saved for retirement, for example. Median weekly earnings for Americans ages 45 to 54 is $1,239 or about $59,472 annually. Here are two retirement saving tips to keep in mind.

Persons: haven't, Marguerita Cheng, Cheng Organizations: Fidelity Investments, CNBC, Bureau of Labor Statistics, Blue

☆ Starter homes may be a thing of the past — millennial and Gen Z homeowners plan to stay put for nearly 2 decades
▼ + stars: | 2023-07-12 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

For millennial and Gen Z homebuyers, purchasing a starter home may be a thing of the past. A starter home is usually the first home a person or family is able to purchase. Currently, nearly two-thirds of all homeowners have mortgage rates at or below 4%, according to Black Knight, a mortgage software and analytics company. Affordable homes are hard to findAs of May, the typical starter home cost about $179,407 nationwide, according to Zillow data provided to CNBC Make It. But between 2017 and 2022, the number of millennials who own their homes increased 64% to 18.2 million.

Persons: Z, Jessica Lautz, Freddie Mac, Black Knight, Jeff Tucker, Zillow, Lautz, Young, Zers, millennials Organizations: National Association of Realtors, CNBC, Bank of Locations: U.S

☆ Justin Bieber's Bored Ape NFT was valued at $1.3 million in 2022—now it's only worth around $60,000
▼ + stars: | 2023-07-07 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

But today, prices for Bored Ape Yacht Club NFTs, one of the most popular collections, has crashed to a two-year low. Take one Bored Ape NFT owned by Justin Bieber, for example: It has declined in value by about 95% over the past year and a half. In January 2022, the Grammy award-winning music artist entered the world of NFTs by allegedly dropping 500 ETH (around $1.3 million at the time) on Bored Ape #3001, an NFT belonging to Yuga Labs' Bored Ape Yacht Club (BAYC) collection. But as of July 2023, Bieber's Bored Ape is only worth around $59,000, according to Bitcoinist. Basketball star Stephen Curry purchased Bored Ape #7990 for 55 ETH (nearly $180,000 at the time) on Aug. 28, 2021.

Persons: Justin Bieber, Stephen Curry, Madonna, It's, Bieber, Curry, DappRadar's, Warren Buffett Organizations: Labs, ETH, Los Angeles Times Locations: That's

☆ How a 23-year-old freelancer makes $48,000 in NYC without a college degree
▼ + stars: | 2023-07-03 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +8 min

This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money. While growing up in a suburb of Washington, D.C., Brunotts always expected to go to college. But after reviewing the potential costs of attending music school in NYC, she ultimately decided against pursuing higher education. She brought in around $48,000 last year and says she's on track to make more this year. When she has earned more than her weekly goal doing work for clients, Kate spends time working on personal music projects.

Persons: Kate Brunotts, Brunotts, I've, Kate, Matt, hadn't, Lauren Shamo, Maherzad Todiwala, she's, she'll, Roth, It's Organizations: CNBC, New York City, Washington , D.C, Center, Citi, Google Fi Locations: New York, Washington ,, NYC, Upwork, Venmo, Brunotts

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