Billionaire investor Charlie Munger: ‘The world is not driven by greed, it’s driven by envy’

Billionaire investor Charlie Munger says he’s never cared about comparing his riches to those of others. Rather, he says his motivation in accumulating wealth has always been about securing independence—the freedom to do what he wishes in business and in life — and he wishes more people would follow his example. “The world is not … Read more

Self-made millionaire Ramit Sethi: “Here’s the best way to pay off credit card debt”

If you want to eliminate credit card debt, avoid budgeting gimmicks. Don’t overthink it. Instead, stick to a simple, three-step repayment plan. That’s the advice Ramit Sethi, a self-made millionaire and author of the New York Times bestselling book “I Will Teach You To Be Rich,” shared with CNBC’s Frank Holland during the inaugural CNBC … Read more

Self-made millionaire advice: “You don’t have to give up lattes to get rich—do this instead”

According to a new CNBC Make It: Your Money survey performed in collaboration with Momentive, roughly a quarter of Gen Zers and about a fifth of millennials believe they would need to make $1 million or more a year to feel wealthy. If that’s your goal, you don’t have to cut out little luxuries to … Read more

Self-made millionaire says 90% of success depends on this single skill: ‘Young people are terrible at it’

I worked in technology for 14 years before retiring early at age 35. I interviewed more than 100 people for my senior management jobs. A surprising number of them didn’t even make it to the second round. But there’s more to being good at interviews than just getting jobs. Getting along with people is important … Read more