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☆ The 'most underrated skill’ for success, from a college dropout on track to earn $500,000 this year
▼ + stars: | 2024-07-29 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

Moses Lin says he'll never consider going back to college, despite being one semester shy of graduating with a bachelor's degree. "I knew that if I went to college and took a traditional route, I'd be hundreds of thousands in debt," he says. Lin started a YouTube channel during college, where he posted acoustic covers of pop songs, and began teaching guitar lessons for money. Now, after years of building his own business as a traveling wedding guitarist and investing his earnings into real estate, Lin, 31, is on track to make $500,000 this year. Lin taught himself everything when it comes to building his business as a wedding guitarist.

Persons: Moses Lin, he'll, Lin, I've Organizations: U.S . Marine Corps, Vanguard University of Southern, CNBC Locations: Vanguard University of Southern California, Ireland, Singapore, Dubai, U.S

☆ Don't believe these 3 myths about coffee, say registered dietitians
▼ + stars: | 2024-07-27 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

To get to the bottom of what's fact and what's fiction, we asked registered dietitians Maddie Pasquariello and Roxana Ehsani about the coffee myths they come across the most. But despite its popularity, there are plenty of myths about coffee and it can be difficult to know what's true. Two-thirds of Americans drink coffee every single day, according to data collected by the National Coffee Association in 2022. "I would only recommend that people don't forget to drink a glass of water first or along with [coffee] too," Ehsani says. Myth #3: "More than 2 cups of coffee a day is too much"Deepak Chopra told CNBC Make It he drinks two to three cups of coffee before noon.

Persons: Maddie Pasquariello, Roxana Ehsani, it's, Ehsani, they're, Pasquariello, Deepak Chopra Organizations: National Coffee Association, CNBC

☆ 56% of people would RSVP 'no' to a close friend's wedding to save money, new survey shows
▼ + stars: | 2024-07-27 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

There are ways to attend a wedding and stick to a tight budget. Wedding events, like a bridal shower or dress shopping can start far before the nuptials. "Consider which wedding events are must-attend and which ones you could skip to save on costs," she says. Consider which wedding events are must-attend and which ones you could skip to save on costs. "This is a nice option whether or not you're on a tight budget," she says.

Persons: X, Allison Cullman, Zola, they'd, Hannah Nowack Organizations: of America, CNBC, Zola

☆ Career coach: This common habit can 'erode motivation' and sabotage your success—3 ways to fix it
▼ + stars: | 2024-07-27 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Nearly everyone falls victim to "self-handicapping bias," or the psychological tendency to under-prepare or undersell yourself during new opportunities, says workplace performance coach Henna Pryor. "When we self-handicap, we essentially protect ourselves from the consequences of our own failure," Pryor tells CNBC Make It. Self-handicapping can can look like putting off prep for a big meeting or starting a presentation with "I'm bad at public speaking." Even high-performing employees self-handicap, Pryor says, and it's often driven by a fear of failure. Luckily, there are ways to stop self-handicapping, Pryor says.

Persons: Pryor, It's Organizations: CNBC

☆ Meet ‘X,’ the human voice behind Spotify’s AI DJ: ‘It’s a digitized version of me’
▼ + stars: | 2024-07-27 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +7 min

Xavier Jernigan, Spotify's head of cultural partnerships and the voice of the company's AI DJIf you think Spotify's AI DJ sounds more human than robot, there's a reason for that: It's modeled after an actual person, Xavier "X" Jernigan. Spotify rolled out its AI DJ product in the U.S. and Canada on February 22, 2023. So, they approached him to see if he would be interested in becoming a voice model for the AI DJ. Training the AI DJSpotify uses Sonantic, a dynamic text-to-speech AI voice platform the company acquired in 2022, and OpenAI technologies to power its AI DJ. Jernigan says being embraced globally as the voice of Spotify's AI DJ has been a humbling experience.

Persons: Xavier Jernigan, It's, Xavier, DJ X, Jernigan, Spotify's, Kendrick Lamar, Drake Organizations: Spotify, CNBC, DJ, Def Jam, Republic Records, Florida, Mechanical University, New York University Locations: U.S, Canada, New, Australia, New Zealand, Europe, Asia, Latin America, Africa, London, Sydney

☆ 7 in-demand jobs companies are hiring for—some are remote and pay over $100,000
▼ + stars: | 2024-07-26 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Fewer people are quitting their jobs, and recent college graduates are having a hard time breaking into the market. Hiring might have fallen beneath its pre-pandemic levels, but there are still dozens of jobs companies are desperate to fill, according to new research from Indeed. "With that said, I'd say these jobs are the most 'slept' on or overlooked." For job seekers looking for flexibility, all of the roles offer hybrid or remote opportunities. "While the labor market can seem daunting right now, there are still numerous opportunities for job seekers and the outlook is still positive," Davis adds.

Persons: Gabrielle Davis, Davis Organizations: CNBC

☆ Here's how much it can cost a family of four to live across 10 major Asian cities
▼ + stars: | 2024-07-26 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

Living in a major city can come with a hefty price tag, so it's best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of living. A family of four can expect to spend an estimated $9,000 a month to live in one of these cities, according to Numbeo, an online database of user-contributed information. Singapore also saw a "rocketing increase" in its housing rentals from 2022, however, prices have begun to stabilize in recent months, said Ma. Here's a broader look at how much it costs for a family of four to live across 10 major cities in Asia, according to data by Numbeo:

Persons: Tracey Ma, APAC, Hong Kong, Ma Organizations: Mercer, CNBC, Singapore's Urban Redevelopment Authority Locations: Asia, Hong Kong, Singapore, Mercer, Hong, Ma, Singapore's

☆ 50-year-old's backyard side hustle brings in up to $8,400 a month: 'There's definitely room for everyone to do this'
▼ + stars: | 2024-07-26 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Her side hustle requires it: She's converted 11 acres of her land, split between three properties around Asheville, North Carolina, into private dog parks. She rents out the spaces to local pet owners on an Airbnb-style platform called Sniffspot. Morosani rents out parts of her 108-acre farm, where she lives and makes a majority of her personal income boarding horses. She has four dogs, and initially launched her side hustle just to connect with other nearby pet owners in November 2020, she says. If you have space and the ability to give a private experience to individual dog owners, there's definitely room for everyone to do this."

Persons: Elizabeth Morosani, John Deere, She's, Morosani, Sniffspot, It's, there's Organizations: CNBC Locations: Asheville , North Carolina

☆ 31-year-old once played guitar for $3 in tips—now he brings in up to $70,000 a month between music and real estate
▼ + stars: | 2024-07-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Lin pours earnings from his day job into real estate. Managing rental properties: 'It's so minimal that I don't even consider it work'The majority of Lin's $1 million net worth is tied up in real estate. He chose to buy in Little Rock, where real estate prices are lower and rent is stable, he says. Lin bought a portfolio of three houses in March 2023, then another building in February 2024. Real estate takes up a lot of Lin's time when he's actively searching for a new place to buy, or when he's dealing with tenant turnover.

Persons: Moses Lin, Lin, Lin customizes, Sophie Epton, influencers, he'll, I'm, — I'm, I've, It's, he's, who's, we're Organizations: CNBC Locations: Southern California, Little Rock , Arkansas, California, Italy, Lake Como, Milan, Ireland, Dubai, Singapore, Chicago , New York, Little Rock

☆ Want to avoid giving your kid a smartphone? Mental health experts say you're not alone — and have 5 tips
▼ + stars: | 2024-07-26 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +6 min

Smartphone Free Childhood, a recently founded U.K. organization is aimed at uniting parents who are not giving their kids smartphones. Organize with other parentsBeing the only parent refusing to give your child a smartphone can be isolating for both you and your kid, Rausch said. "The class parents, as a collective, agreed that they would postpone giving their kids cell phones until they entered middle school. Start the conversation earlyPike and Rausch advise starting the conversation around smartphones from childhood so that your child isn't surprised later on. Pike said that even making a habit of giving a bored child a smartphone as entertainment can become a major issue down the line.

Persons: Kathleen Pike, Columbia's Pike, Zach Rausch, Jonathon Haidt's, Rausch, Johnny, Pike, we've, it's, isn't, Melanie Hempe, you've, They're Organizations: Columbia University Irving Medical Center, CNBC, New York University Stern School of Business, New York Times Locations: U.S

☆ These friends have worked at Piggly Wiggly together for 50 years: 'Time flies when you're having fun'
▼ + stars: | 2024-07-25 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Both men, now in their 60s, have worked at the same Piggly Wiggly grocery store in Franklin, Kentucky for 50 years. Haley and Watkins each started working at the store full time as associates after graduating high school. The average salary for a store manager at Piggly Wiggly ranges from $34,000 to $109,000 per year while the pay for a meat manager ranges from $42,000 to $76,000, according to Indeed. The Piggly Wiggly veterans are in good company — older Americans are working longer. Haley echoes the same sentiment: "Time flies when you're having fun."

Persons: Dale Haley, Ricky Watkins, Haley, Watkins, Haley didn't, …, I'd, I, Don't, you'll Organizations: Gallup, CNBC Locations: Franklin , Kentucky

☆ We built Lovevery: How our play kits bring in $226 million a year
▼ + stars: | 2024-07-25 | by ( Raffi Paul | Kamaron Mcnair | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe built Lovevery: How our play kits bring in $226 million a yearDrawing inspiration from a doctoral thesis on infant brain development, Jessica Rolph and Roderick Morris co-founded Boise, Idaho-based Lovevery, which makes children's toys specialized for different childhood developmental phases. The company brought in $226 million in revenue last year, according to documents reviewed by CNBC Make It — powered largely by its popular subscription play kits. The company aims to reach profitability this year, Rolph says.

Persons: Jessica Rolph, Roderick Morris, Rolph Organizations: CNBC Locations: Boise , Idaho

☆ 35-year-old Wharton grad quit her six-figure job to breakdance in the Olympics: 'For the first time, I was betting on myself'
▼ + stars: | 2024-07-25 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Around this time in 2022, Sunny Choi had a six-figure salary, an apartment in New York City and a job as director of global creative operations at Estée Lauder. I had kind of resigned myself to [thinking] this might be my life forever because of the relative financial stability." "I thought this was probably the best opportunity I'd get, timing-wise, to make this kind of a jump," she said. The decision to leave Estée Lauder and her salary wasn't easy. She called the prospect of stepping away from her job and into financial uncertainty "extremely challenging and very, very scary."

Persons: Sunny Choi, Estée Lauder, Still, Choi, I'd Organizations: Wharton, Generation, Scholastic, CNBC, Team USA Locations: New York City, Estée

☆ Setting aside $10 a day could help you save over $1 million for retirement—but you have to start early
▼ + stars: | 2024-07-25 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Although the thought of saving $1 million or more by the time you reach retirement age may seem overwhelming, the process doesn't have to be — especially if you start early. Instead of focusing on the total, try paying attention to your savings rate, which is the percentage of your annual pre-tax income you're contributing to your retirement investment account. But your savings rate is something you can control. Fidelity recommends a savings rate of at least 15%, inclusive of any employer match. To that point, you can begin your retirement savings journey by setting aside just $10 a day, or $70 a week.

Persons: it's, James Royal Organizations: Fidelity, CNBC

☆ Salary transparency gains steam in Asia as young people share their salaries online
▼ + stars: | 2024-07-25 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

The top driver for pay transparency practices in Asia is "regulation and compliance" (72%) according to a 2024 report by Aon. Currently, the top driver of pay transparency practices in Asia is "regulation and compliance" (72%) according to the report. Jashani is just one of the many young people in Asia who are working on increasing pay transparency in the region. I think our role to advocate for pay transparency is actually [done] through conversation. "I think our role to advocate for pay transparency is actually [done] through conversation," she said.

Persons: Peter Zhang, Zhang, Jashani, I'm, Davekhaw, they'll, Prestine, Aon's Zhang, Peter Zhang Head Organizations: Aon, CNBC, Employers Locations: Asia, United States, California, New York, millennials, Singapore, Instagram, Malaysia, Malay

Lovevery's toys are inspired by the homemade ones Rolph made for her son, each designed to nurture a specific developmental milestone. Launching with a single productPrior to starting Lovevery, Rolph was a co-founder of organic baby food company Happy Family, which launched in 2005. Zach Voss | CNBC Make ItThe duo decided to start simple, focusing on a single product: a play gym. They spent nearly two years relying on $2 million in seed funding to develop Lovevery's play gym, finally launching it in 2017. Lovevery's first product, the Play Gym, launched in 2017.

Persons: Jessica Rolph, Roderick Morris, Rolph, Morris, She'd, Morris —, Zach Voss, Lovevery, we'll, Raffi Paul Organizations: Boise -, CNBC Locations: Boise, Boise - Idaho, Boise , Idaho, Asia

☆ Usher was 'never frivolous with spending' as a teen star. Now he helps teach young people financial literacy
▼ + stars: | 2024-07-24 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

In 1994, at just 15 years old, Usher Raymond IV, more commonly known as Usher, rose to fame after releasing his first album. Earning more money than most teens, Raymond could have easily splurged on expensive things like clothes and jewelry, but he says he chose a different path. "Surprisingly, I was never frivolous with my spending," Raymond tells CNBC Make It. "It wasn't until my latter years that I decided to buy cars and jewelry and things that would obviously depreciate." His hope is that his children will follow in his footsteps and do the same.

Persons: Usher Raymond IV, Usher, Raymond, he's Organizations: CNBC

☆ This French aerospace company is trying to lure US SpaceX workers after Elon Musk said he would relocate the company from California to Texas — and it may be working
▼ + stars: | 2024-07-24 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Read previewA French aerospace company is trying to convince disgruntled American SpaceX employees to leave the US for Europe after billionaire Elon Musk announced he would relocate his rocket company from California to Texas. Stanislas Maximin, CEO of Latitude, jumped at the opportunity to poach any unhappy SpaceX employees suddenly staring down an interstate move. Maximin told CNBC that his LinkedIn post garnered some 200 messages and helped him increase his connections on the site by a third. "We have done it multiple times over," Maximin told CNBC of hiring foreigners. Musk has made the Lonestar State his home base in recent years, moving Tesla headquarters to Texas from California during the pandemic.

Persons: —, Elon Musk, Musk, Stanislas Maximin, Maximin, I'm, Lockheed Martin, Tesla Organizations: Service, SpaceX, Business, CNBC, Lockheed, LinkedIn, Lonestar State Locations: Europe, California, Texas

☆ 65-year-old CEO turned at least 88% of his employees into millionaires after selling his company for $70 million
▼ + stars: | 2024-07-24 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

When Jay Chaudhry sold his first company for $70 million, he focused less on his own riches, he says — and more on how the deal could turn dozens of his employees into millionaires. Chaudhry, 65, is known today as the billionaire founder and CEO of Zscaler, a cloud cybersecurity firm valued at roughly $28 billion, as of Wednesday afternoon. Nearly two years after the deal closed, as VeriSign's stock price soared, more than 70 of SecureIT's 80 employees "on paper, were millionaires," Chaudhry tells CNBC Make It. "People were going crazy in the company, because they had never thought of so much money," he says. The bubble burst later that year, and VeriSign's stock lost roughly 75% off that high point at the end of 2000, sinking to a low of nearly $4 in 2002.

Persons: Jay Chaudhry, Chaudhry, Jyoti Organizations: CNBC

☆ Inflation, $2,000 camps are creating a summer crisis for working parents: 'It is complete chaos'
▼ + stars: | 2024-07-24 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

And it will cost Kelley and her husband Richard about $2,000 for their only child. When Kelley searched for full-time, five-day summer camps near Saint Johnsbury, Vermont, where her family lives, she says she couldn't find any options. By the time school starts in August, Kelley's son will have attended day camps in Vermont, New Hampshire and Minnesota, where they'll stay with relatives. All the camps cost between $150 and $400 per week. The local day camp they used last summer closed because of staffing shortages.

Persons: Julie Kelley, Kelley, Kelley's Organizations: CNBC, Federal Reserve, American Camp Association Locations: Vermont, Saint Johnsbury , Vermont, Burlington , Vermont, Vermont , New Hampshire, Minnesota, U.S

☆ ‘It’s a fundamental truth’ that the narcissist in your life won’t change, says psychologist who’s treated 50 of them
▼ + stars: | 2024-07-24 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +4 min

The path to change for someone with narcissistic personality disorder is more narrow than previously perceived, according to a new report published in Psychological Bulletin. "For the longest time it always felt defeatist to take the stance that people with narcissistic personality disorder don't change," she says. "It doesn't feel fair, and it's hard, but it's a fundamental truth that they don't change." "The more maladaptive a personality the less likely they are to change," Durvasula says. Instead of expecting a narcissist to change, Durvasula advises those in relationships with them to seek professional help.

Persons: Ramani, It's, who’s, Durvasula, Durvasula hasn't, I've, that's Organizations: Psychological Bulletin, Hallmark, NPD, CNBC Locations: Los Angeles

☆ 63-year-old's business brings in over $25 million a year: How she ditched her most toxic habit
▼ + stars: | 2024-07-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

The 63-year-old is the president and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she started with $1,000 of her own savings in 1990. It now brings in more than $25 million per year, according to documents reviewed by CNBC Make It. McKissack credits at least some of that growth to ditching her most toxic habit as a boss: having a short temper. It's a common habit — 52% of professionals say they've lost their temper on the job, according to a 2018 survey from staffing company Accountemps. The coach suggested something simple: Start every meeting with a question, instead of diving right in.

Persons: Deryl, they've, You've, McKissack didn't, McKissack Organizations: Washington D.C, CNBC

☆ Americans are flocking to Texas: 9 of the 10 fastest-growing U.S. cities are there
▼ + stars: | 2024-07-23 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

And between 2020 and 2023, that seems to have been true of population growth. Celina, Texas, a city about 40 miles north of Dallas, earned the top spot as its population grew by more than 143% between 2020 and 2023. But it's the only Texas city among the 10 U.S. cities and towns that saw the biggest population drops between 2020 and 2023. The state's population has been growing steadily and faster than nearly any other state since 2000, the Census Bureau reports. Despite its position along the Southern border, domestic migration has played a slightly larger role than international migration in Texas' population growth, the agency finds.

Organizations: Lone Star State, Census, CNBC Locations: U.S, Celina , Texas, Dallas, Celina, Fulshear , Texas, Houston, Spring , Texas, Texas, South, . California, Francisco

☆ Barbara Corcoran shares her No. 1 strategy for stopping unhealthy competition at work: I put it ‘before anything’
▼ + stars: | 2024-07-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Picture Wall Street stockbrokers frantically trying to beat sales quotas — or sales representatives fighting for commissions. For real estate mogul Barbara Corcoran, the trick to strengthening relationships amongst her employees is being the fun boss. "In sales, you like who you're working with, but you don't really, totally like them because they're going after your market. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Barbara Corcoran as a panelist. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: stockbrokers, —, Barbara Corcoran, it's, Tom Gimbel, Gimbel, Bob Nelson, Nelson, Corcoran Organizations: Employees, Taiwan's National Central University, Harvard Business, CNBC

☆ French aerospace company sees surge in U.S. applicants after SpaceX relocation news: 'Come to Europe and we'll help you'
▼ + stars: | 2024-07-23 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Latitude, a French aerospace company based an hour outside Paris, is getting a surge of applications from American engineers after Elon Musk said he would relocate SpaceX headquarters from California to Texas. Those job seekers work at SpaceX, Blue Origin, Lockheed Martin, Tesla and other companies related to the aerospace industry, the spokesperson tells CNBC Make It. He says the message wasn't a takedown of Musk or SpaceX, which Maximin refers to as one of "the best engineering companies in the world." Rather, he says, "if you're not happy where you are, if you want different things, you can come to Europe, and we'll help you." "We have done it multiple times over," Maximin says, adding that his company has "the full support of French authorities" to make the relocation happen quickly.

Persons: Elon Musk, Lockheed Martin, Tesla, Musk, Stanislas Maximin, Rather, Joe Biden, Donald Trump, Maximin Organizations: Elon, SpaceX, Lockheed, CNBC, U.S Locations: French, Paris, California, Texas, U.S, Hawthorne , California, Starbase , Texas, Europe

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