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☆ I quit my sales job to live in my Toyota Camry. The simpler life has helped me find happiness.
▼ + stars: | 2023-10-10 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +7 min

Monica Maragos had a good paying job and was making good money when she quit her job to travel. AdvertisementAdvertisementShe downsized her clothes, her shoes and she began to live out of her Toyota Camry. When I was 18 and living in Florida, I got a good job and started making really good money in sales. I also wondered what would happen if I didn't like van life. If you quit your corporate job, significantly downsized your life, or relocated somewhere and would like to share your story, email Alyshia Hull at ahull@insider.com.

Persons: Monica Maragos, —, backpacked, I'm, I've, Maragos, it's, Alyshia Organizations: Service, Toyota Camry, Craigslist, Alyshia Hull Locations: Florida, North Carolina, ahull@insider.com

☆ An American couple left their rent-free life in Mexico and moved to a $7,500 abandoned home in Japan: 'We feel overwhelmingly welcome'
▼ + stars: | 2023-10-10 | by ( Julian Ryall | ) www.businessinsider.com time to read: +9 min

Evan and Dani BretonEvan, now 40, worked as a massage therapist while Dani, now 39, was a self-employed photographer. Dani and Evan BentonThe couple drove over the border into Mexico on December 5, 2021. Guanajuato, MexicoHouse-sitting was a way to live rent-free in MexicoThe couple became house-sitters in Mexico so they could live rent-free and travel around the country. Japan was their final stop because of cheaper house pricesAfter 14 months in Mexico, the couple concluded that Japan "would be a better fit for us." The house cost $7,500 and the realtor's fees were an additional $1,500.

Persons: Dani, Evan Benton, —, Dani Benton, Evan, Dani Breton Evan, New Orleans Evan, Dani Breton, Bentons, could've, Evan Benton Dani, Dani Benton Evan, they've, grandpas, We've Organizations: Service, Ninth Ward, Mexico House, Facebook Locations: New Orleans, Mexico, Japan, Dallas , Oregon, Cholula Puebla, Guanajuato, www.housesitmexico.com, Tokyo, South Korea, Omishima, Ehime Prefecture, Louisiana

☆ This simple tactic helped a CEO sell his business for $1 million at age 21—here’s how to do it
▼ + stars: | 2023-10-05 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Specifically, his teenage solution to his family's financial woes — a dry-cleaning company — sold for $1 million in just three years, setting him on the path to serial entrepreneurship, Henry said. As a doorman, he connected with a resident who ran a different dry-cleaning company, and offered to teach him the economics behind the business, he said. After getting fired from his doorman gig, Henry realized he was learning more at the dry-cleaning company than at school, so he dropped out, he said. Pleased with the work, the wardrobe supervisor recommended Henry's dad to NBC's "Law and Order." After three years, Henry sold the company to one of its vendors for $1 million, Forbes reported in 2016.

Persons: John Henry, Henry, LinkedIn's, —, presser, NBC's, Forbes Organizations: Insurance, CNBC Locations: New York City, Dominican Republic, New, Harlem

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

And when I ran a business selling at craft fairs several years ago, I had liability insurance to protect my business and customers. Check your business insurance rates with top providers through Simply Business. Another way to look at small business insurance is as a stepping stone to a bigger business. Another factor affecting the decision to carry small business insurance is what I stand to lose. If a lawsuit could endanger the home I share with my wife, business insurance might be worth it to protect that investment.

Persons: there's, I've, I'm Organizations: Simply, Insurance Locations: Hayward, California

Florida and California homeowners have been dealing with high property insurance premiums due to severe weather. Louisiana is now the third-most expensive state for insurance according to Insurify , an insurance comparison website. The average annual premium for Louisiana is $5,353, which is three times the national average homeowners insurance cost. Car insurance and flood insurance premiums are also rising within the state. Louisiana has the least affordable car insurance rates in the nation, according to the Insurance Research Council .

Persons: Mark Friedlander Organizations: Farm, Allstate, Service, Privacy, Insurance, Institute ., Insurance Research Locations: Florida, California, Louisiana, Wall, Silicon, Institute . Florida, Louisiana Louisiana, . Louisiana, Hawaii —

CCC shares jumped on the news in afterhours trading in New York on Friday, rising 8.6% to $12.50. Founded in 1980, CCC provides software to 35,0000 companies involved in automotive claims and collision repair, including insurance firms, parts suppliers and car manufacturers. Advent, which acquired CCC from private equity firms TPG Inc (TPG.O) and Leonard Green & Partners in 2017, took CCC public through a merger with a blank-check company in 2021 at a $6.5 billion equity valuation. CCC shares have risen 32% year-to-date, more than the broader market but less than the S&P 500 software application index, which has risen 43%. CCC suffered from a drop in car insurance claims during the COVID-19 pandemic but has since seen business gradually recover.

Persons: Morgan Stanley, Leonard Green, Milana Vinn, Diane Craft Organizations: Intelligent Solutions Holdings Inc, Investment, TPG Inc, Leonard Green & Partners, CCC, Thomson Locations: New York

☆ Berkshire sells some HP shares after taking big stake last year
▼ + stars: | 2023-09-14 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. Berkshire sold the shares this week for about $158 million, reducing its HP stake to about $3.27 billion, according to a filing with the U.S. Securities and Exchange Commission. Buffett's company now owns about 11.7% of HP's shares, down from 12.2% before the sales, SEC filings show. Wednesday's filing does not say why Berkshire sold shares. HP's share price has fallen 19% since Berkshire in April 2022 revealed an unexpected $4.2 billion stake in the Palo Alto, California-based company, which had been separated seven years earlier from the former Hewlett-Packard.

Persons: Warren Buffett, Scott Morgan, Warren Buffett's Berkshire Hathaway, Buffett, Jonathan Stempel, Lincoln Organizations: Berkshire Hathaway, REUTERS, HP, Berkshire, U.S . Securities, Exchange Commission, SEC, Hewlett, Packard, Companies, Forbes, Apple, Thomson Locations: Omaha , Nebraska, U.S, Palo Alto , California, China, Berkshire, New York

"I was literally living under the poverty line for like four years, but it was a good experience," he says. Hassam Sheikh, 33, earns about $250,000 per year as an AI research scientist. In May 2020, Sheikh began an internship at Intel Labs that would, about seven months later, turn into a full-time gig as a research scientist. In addition to his $187,000 annual base salary, Sheikh receives bonuses and stock compensation which, in 2023, have him on track to earn about $250,000. When he's not working on machine learning, he's likely working around the house.

Persons: Hassam Sheikh's, didn't, Sheikh, —, Hassam Sheikh, Clint Boland, I've, hasn't, Deborah Donatella, Diana Wintour —, Sheikh stashes, he's, it's, there's Organizations: CNBC, University of Central, Intel Labs, University of Lahore, University of Manchester, Intel, UCF, Amazon Music, Walmart, Home, Michelin Locations: Orlando , Florida, University of Central Florida, That's, Lahore, Pakistan, Orlando, United States

☆ Car insurance rates just had their biggest annual jump in 47 years. This is why
▼ + stars: | 2023-09-13 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

While that insurance is for a 2022 Porsche Taycan, even friends of his who drive lower-end models are paying more for car insurance, he told CNN. Yet he's seen his car insurance rates increase from $140 a month in 2020 to his current rate of $278 a month. Car insurance rates are increasing for a variety of reasonsTwo months ago, Nationwide notified Darnell Coates-Clark, 55, an EMT based in Baltimore, that he would be hit with a 33% increase in his car insurance. He acknowledged he doesn’t have “stellar credit,” which is known to impact car insurance rates. Darnell Coates-Clark saw his monthly car insurance rates double over the past two years.

Persons: Kyle Barone, Barone, didn’t, USAA, He’s, “, ”, hasn't, he's, haven’t, Darnell Coates, Clark, Coates, ’ ” Coates, hasn’t, Ryan Ankrom, Clark USAA, Andrew Femath, Stephen Crewdson, Hurricane Ian, Robert Passmore, Crewdson, ” Crewdson, Betsy Stella, Insurify, what’s, “ I’ve, “ I’m, I’ve Organizations: New, New York CNN, Volvo, CNN, Porsche Taycan, Norwegian Cruise Line, Kyle Barone Drivers, Sunshine State, Nationwide, P Global Market Intelligence, Casualty Insurance Association, National, Traffic Safety Administration Locations: New York, United States, Florida, Jacksonville , Florida, Tampa, Norwegian, Sunshine, Southwest Florida, Baltimore, Maryland, Hurricane

☆ Urban Planning Presents Complex Challenges for Seniors - The New York Times
▼ + stars: | 2023-09-06 | by ( Andy Hong | ) www.nytimes.com time to read: +12 min

But for older adults, our towns and cities are filled with obstacles — stairs, unsafe sidewalks and crossings, inadequate lighting — that grow increasingly difficult for them as they age. Alberto Lau, 78, San DiegoDr. Hong responds: Busy streets and intersections can be challenging for older adults to navigate. Additionally, installing more crosswalks and making them more visible can make it easier for older adults to cross the street safely. Yet more and more older adults need the kind of high-quality transportation that can reliably get them from one place to another. This can be especially important for older adults, who may have slower reaction times or difficulty seeing oncoming traffic.

Persons: it’s, They’re, Alberto Lau, San Diego Dr, Hong, ” Deborah Muccino, Uber, Janice Mundy, Rosner, I’m, I’ve, Jan Ligon, Saralyn Fosnight, Andy Hong, Hirotoshi Iwasaki, Vishakha Darbha, Kaari Pitkin, Carole Sabouraud, Efim Shapiro, Jillian Weinberger, Tenzin D, Meher Ahmad, Ana Becker, Jessia Ma Organizations: New York Times, Department of Transportation, New, University of Utah Locations: “, San Diego, Concord, Calif, Pennsylvania, California, Gig, Pierce County, Rural, Michigan, Detroit, Atlanta, New York City, Chicago, Boston, Kaari

Sometimes, I've made my January mortgage payment in December to deduct the interest for that year. So heading into fall, I review my budget, income, and expenditures and target areas where I can cut back. Do an insurance reviewI check all insurance policies: homeowners insurance, renters insurance, car insurance (when I owned a car), and health. This is a great time to do a comprehensive insurance review. Bonus: Plan for an extra mortgage payment and charitable contributionsIf you can, plan to make your January mortgage payment in December.

Persons: I've, it's, TransUnion —, transpire, you'll Organizations: Service Locations: Wall, Silicon

☆ Nvidia's market cap climbs amid tech turbulence in August
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. Nvidia's shares surged last month, boosted by its quarterly revenue forecast, which exceeded analyst expectations as the artificial intelligence boom fuels demand for its chips. The market capitalization of Apple (AAPL.O) and Microsoft Corp's (MSFT.O) shares declined 4.4% and 2.4%, respectively, while Meta Platforms Inc's shares fell 7.1%. Meanwhile, Berkshire Hathaway's (BRKa.N) market cap rose over 2% last month, as its shares touched a record high after the company's quarterly operating profit topped $10 billion for the first time. Reuters GraphicsIn China, Tencent Holdings'(0700.HK) market cap declined about 9% last month, as its core gaming business experienced weaker-than-expected growth in the quarter through June.

Persons: Dado Ruvic, behemoths, Apple, Johnson, Patturaja Murugaboopathy, Gaurav Dogra Organizations: NVIDIA, REUTERS, Nvidia, Reuters, Apple, Microsoft, Berkshire Hathaway's, Reuters Graphics, Tencent Holdings, HK, Thomson Locations: Berkshire, China, U.S, Bengaluru

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. Ethan Nguonly, 22, is a software engineer at Google living in Orange County, California. Living in Orange County, California, Nguonly aims to spend intentionally in order to put as much money as he can toward his investments. Tristan Pelletier | CNBC Make ItAbout a year after buying his investment property, Nguonly purchased his primary residence in La Palma, California. While he's kept a significant amount of money in crypto, Nguonly now mainly focuses on investing in ETFs and real estate.

Persons: Ethan Nguonly, it's, he's, Nguonly, Tristan Pelletier, Nguonly's, I'm, Ethan Nguonly Nguonly's, lockdowns, couldn't, — Nguonly, It's, it'd, didn't, Sakura, takeout, you've, there's Organizations: CNBC, FIRE, Google, University of California, UC Berkeley, Transportation, Spotify Locations: Orange County , California, Florida, California, Berkeley, Qualtrics, Virginia, Riverview , Florida, Riverview, Hurricane, La Palma , California, Orange County, New York, Singapore, Cambodia

Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). I had my own student loan repayment journey after amassing nearly $70,000 in student loan debt. I realized that my student loan payment amount could be used to pay my condo fees on a home that I owned and in which I was building equity. 3 steps I took to pay off $70,000 in student loan debt1. I chose to double my paymentsMy student loan payment was $450 and I doubled it every month.

Persons: — Organizations: Service, College of Charleston, Harvard, Princeton, Stanford Locations: Wall, Silicon, Charleston , South Carolina, Charleston, New York

☆ Uber bans most under 25s from driving for the company in California because of rising insurance costs
▼ + stars: | 2023-08-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Uber has banned under-25s from working as drivers in California because of rising insurance costs. In a statement to the AP, Uber said its commercial auto insurance costs had risen by more than half in the last two years. It also said personal injury lawyers were driving costs up by suing the company. Uber confirmed to the AP that it will allow under-25s who are currently signed up to transport passengers to continue driving for the company. In March, a California appeals court allowed the company and its rivals to continue doing so, overturning a previous decision by a lower court.

Persons: Uber, didn't Organizations: Uber, AP Locations: California

AdvertisementAdvertisementIn the end, I found I could save almost $600 by switching my auto insurance alone to another highly-rated insurance company, Travelers. And if I switched auto and homeowners insurance coverage to this insurer, I could save $1,335 annually. Compare auto insurance quotes from multiple providers with Coverage.com. Getting auto insurance quotesI'm a financially savvy person, but I still found shopping for car insurance quotes and switching plans rather daunting. Switching insurance companies was easier than I thoughtOne point of contention I had with switching companies is the fact I had already prepaid auto insurance coverage for the year.

Persons: I'm, Ashley Brown, Connor, That's Organizations: Allstate, Service, Travelers, Cincinnati Financial, Connor Insurance, Company Auto, Travelers Insurance Locations: Wall, Silicon, Indianapolis

☆ Cramer's Lightning Round: Marathon Oil is a buy
▼ + stars: | 2023-08-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Marathon Oil's year-to-date stock performance. Stock Chart Icon Stock chart icon Enphase's year-to-date stock performance. Stock Chart Icon Stock chart icon Coherent's year-to-date stock performance. Stock Chart Icon Stock chart icon Icahn Enterprises' year-to-date stock performance. Stock Chart Icon Stock chart icon Barrick Gold's year-to-date stock performance.

Persons: they're, we're Organizations: Icahn Enterprises, Barrick

☆ The most expensive cars sold at Pebble Beach, even amid disappointing auctions
▼ + stars: | 2023-08-21 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

Total sales for the more than 1,200 cars sold over five auctions at Monterey and Pebble Beach reached $397 million, the second-highest total ever for the auctions according to Hagerty, the classic-car insurance company. "The cooling market we've observed for the past 15 months finally reached the Monterey auctions after having little impact last year," Hagerty said in a report. Total online collector-car auctions pulled in around $1.9 billion last year, just below the $2.4 billion from live auctions, according to Hagerty. Bonhams sold a 1967 Ferrari 412P for $30.25 million, which made it the the fourth most expensive Ferrari ever sold. Here are the three most expensive cars sold and what they went for.

Persons: Ferrari, Hagerty, Knight Frank, Knight Frank ., Sotheby's, Bonhams Organizations: Monterey, Monterey ., Monterey Car, Ferrari, RM Sotheby's Locations: Monterey, Pebble

☆ The best credit cards for Disney World and Disneyland tickets in 2023
▼ + stars: | 2023-08-18 | by ( Jennifer Yellin | ) edition.cnn.com time to read: +15 min

And you might even find that the best credit card for you isn’t even branded as a Disney credit card. The best credit cards for Disney World and Disneyland ticketsWhile there’s no one-size-fits-all credit card for Disney trips, there are a handful of good options. Ink Business Cash® Credit Card : Best for purchasing Disney gift cards. Fortunately, the 5% discount can be used for third-party gift cards sold at Target (not including Target gift cards). Disney Premier Card: Best for Disney park savingsThe Disney Premier card offers special discounts on merchandise for its card members.

Persons: you’re, Hopper, you’ll, Chase, that’s, we’ve, Mickey, Minnie, You’ll Organizations: CNN, American Express, Disney, Disney World, Mastercard, Capital, Target, American Airlines AAdvantage, United Airlines MileagePlus, Air Canada, Hyatt, Hyatt . Capital, Venture, Staples, BJ’s Wholesale, Sam’s, Ink, Wholesale, Citi, Disney Premier Locations: California, Paris, Tokyo, Shanghai, Hyatt ., DisneyPlus.com

In 2023, Roblero found more clients and started making money from car detailing videos posted on his YouTube channel. But he kept thinking about starting a car detailing business, inspired by the effort he put into maintaining his own vehicle. But by then, he was earning enough to leave his 9-to-5 and focus on the car detailing business full-time. In January 2023, he started a YouTube channel, where he shares weekly behind-the-scenes videos of his car detailing process. But in September 2020, just three months after he started the company, Roblero's father collapsed from cardiac arrest.

Persons: Randy Roblero's, isn't, It's, Roblero, Randy Roblero, Mickey Todiwala, Randy, Donald Trump's, Roblero's, I'm Organizations: CNBC, YouTube, Nissan Altima, Palm Beach State College, Facebook, Google, Transportation, Sam's, Walt Disney World, Ford Locations: Palm Beach, West Palm Beach , Florida, Florida, hustles, Bailey , North Carolina, Guatemala, United States, —, Lago, America

☆ Warren Buffett donates $27 mln Berkshire stock
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +1 min

Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking/File Photo/File Photo/File Photo Acquire Licensing RightsAug 17 (Reuters) - Warren Buffett donated nearly $27 million of Berkshire Hathaway (BRKa.N) stock this week to an unnamed charity, the latest move in the billionaire investor's plan to give away his fortune. Berkshire disclosed Buffett's donation of 50 Class A shares in a Wednesday night filing with the U.S. Securities and Exchange Commission. Buffett still owns 218,237 Class A shares of Berkshire, for an approximately 15% stake in the Omaha, Nebraska-based conglomerate he has run since 1965. Berkshire owns several dozen businesses including the BNSF railroad, Geico car insurance and many energy, manufacturing and retail operations.

Persons: Warren Buffett, Rick Wilking, Berkshire Hathaway, Melinda Gates, Buffett, Jonathan Stempel, Diane Craft Organizations: Berkshire Hathaway Inc, Omaha , Nebraska U.S, REUTERS, U.S . Securities, Exchange Commission, Melinda Gates Foundation, Buffett, Forbes, Berkshire, Apple, Thomson Locations: Omaha , Nebraska, Berkshire, New York

I wasn't able to get renters insurance a few years ago, but now I can bundle it with my car insurance. Being in quarantine with nowhere to go meant that switching from a standard car insurance policy to a pay-per-mile one saved me hundreds each year in insurance. However, I was reluctant to switch back to a standard car insurance policy. Here's why I found it helpful to go over my car insurance policy, and why I'll be reviewing my insurance regularly. Sure, there are more exciting things to do than pore over car insurance policy quotes, I'm glad I took the time to shop around for car insurance.

Persons: I'm, I've, haven't, It's Organizations: Service Locations: Wall, Silicon, Southern California

☆ Inflation may be cooling — but drivers can’t seem to catch a break
▼ + stars: | 2023-08-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +9 min

Another hefty expense is car insurance, up 17.8% from a year ago. Car repairs and car insurance were the second- and third-largest annual price increases, respectively, tracked by the CPI. Paul Baxter, a mechanic who owns Bullet Proof Off-Road & Auto, a car repair shop in Mesa, Arizona, said he’s paying 30% more for car parts compared to before the pandemic. To keep the lights on, he marks up car parts he sells to customers by 20% to 30%, he told CNN. Paul Baxter, who opened his auto shop in 2016, has had to raise prices due to the rising cost of car parts.

Persons: there’s, Hunter Scott, Scott, ” Scott, they’re, Pam Franks, “, haven’t, ” Franks, Roszell, Kristin Brocoff, hasn’t, CarMD, Paul Baxter, Baxter hasn’t, Paul Baxter Baxter, Baxter, who’s, ”, Ted Canty, Canty, he’s, we’re Organizations: New, New York CNN, Navy, Craigslist, Metro, CNN, Bureau of Labor Statistics, CPI, Farm, Toyota, state’s Department of Insurance, P Global, Auto, FedEx, Social Security, Volkswagen, Security Locations: New York, Arlington , Virginia, Washington , DC, Washington, DC, skyrocket, Louisiana, Pineville , Louisiana, United States, Mesa , Arizona, Wimauma , Florida

I couldn't afford the Iceland trip and I knew it. See Insider's picks for the best credit cards with primary rental car insurance »I wasn't ready for the billBut wait, didn't we buy car insurance? I had already spent close to $2,000 on the Iceland trip between airfare, Airbnb, the car rental and general food and fun costs. I called my car insurance company, Ariel's car insurance company, and Budget's head office. I even bought a calling card so I could ring up Budget Iceland and try to negotiate with them!

Persons: Ariel, I, I've Organizations: Service, Budget Locations: Iceland, Wall, Silicon, Reykjavík, Halifax, airfare

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