Tanner Firl doesn’t see why anyone would need a budget. The 29-year-old says to CNBC Make It, “It never made sense to me.” “Most people find it hard to keep their money to themselves. Almost the opposite is true for us.” Firl and his wife, Isabel, who live in Minneapolis, don’t like to spend money … Read more
Since the COVID-19 pandemic began, remote work has become a common option for most professionals. However, work-from-anywhere jobs are also becoming more popular as a way to be flexible at work. Most policies for working from home don’t give enough freedom. FlexJobs says that about 95% of remote jobs require people to live in a … Read more
If one of your goals for this year is to have more money saved in your bank account (who doesn’t want that, right? ), then you might want to look into “kakeibo,” which in Japanese means “household account book.” It’s a tool that has been used in Japan for over a hundred years. But articles … Read more
In the past 20 years, investing in low-cost index funds like the S&P 500 has dominated much of the investing landscape. The reason? It’s less expensive than most mutual funds; there’s less trading (which raises costs); and the primary structure used to invest in index funds — Exchange Traded Funds (ETFs)—has tax advantages. No one … Read more
I retired early in 2016, at the age of 35, with a net worth of $900,000. My goal of becoming a self-made millionaire with a net worth of USD 1.4 million was not realised until 2021. Today 41, I live in Arizona with my wife in a pleasant, simple, and frugal existence. From the outside, … Read more
Many factors contribute to a person’s level of effort in the workplace. For some, the size of their paycheck is a motivator. For others, it’s about doing an excellent job in their role. And for more than a third, 35% of workers, stress or burnout significantly affects their ability to perform, according to a Q3 … Read more
Worried about what your financial situation will look like a year — or even a few months — from now? With all the concerns about economic growth, it’s reasonable to be worried about a potential recession. But the key is to start preparing now so that you’re in the best position with your money if … Read more
Alex Verhaeg moved into a 95-square-foot East Village flat in 2020. He made a monthly payment of $1,000. “People may call this a room or a closet, but it’s home to me,” Verhaeg told CNBC Make It. The 23-year-old barber, bike messenger, and content creator located the flat on Zillow and only saw images of … Read more
At first glance, building a net worth of $1 million might seem unattainable, but it’s more realistic than you think. You don’t need a winning lottery ticket or a trust fund to join this exclusive club. Your annual income certainly plays a role, but how you allocate your funds matters more than your salary. When … Read more
With commitments to friends and family, work demands, and devices that need your attention, life can quickly become too much. You feel like a hamster racing on its wheel on busy days, wrapped in red tape. You begin to wonder if everything in life comes with a price tag. Sometimes, it’s necessary to step back … Read more