When The New York Times hired Paul Sullivan to write his “Wealth Matters” column 13 years ago, Americans’ views on wealth and wealthy people were changing quickly. “In 2008, when I interviewed for the job, Bear Stearns went out of business. I was told I could create the ‘Wealth Matters’ column when Lehman Brothers collapsed,” … Read more
It can be challenging to define your dream career, let alone pursue it—the path can be fraught with risks and self-doubt. Just ask Glow Recipe’s co-CEOs, Christine Chang and Sarah Lee. In order to pursue an even bigger dream—launching their own skin-care line based on their Korean heritage and K-beauty trends—the pair left their positions … Read more
Many people find it natural to apologize after certain events, even when it is not necessary to do so. Overapologizing, though, can be counterproductive, particularly at work. It may diminish your reputation, undermine your self-worth, and lessen the significance of any subsequent apologies. According to Patrice Williams Lindo, CEO of Career Nomad, a career-advising company, … Read more
Diane Hendricks didn’t grow up on the inherited wealth of celebrities or political leaders. Instead, she spent her childhood on a dairy farm in Wisconsin, where she learned a work ethic that would later help her build a business empire. Last week, Hendricks, who has a net worth of $11.6 billion, topped Forbes’ list of … 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
Ryan Reynolds is one of the best actors in Hollywood, even though he often plays snarky, sarcastic characters. This has helped him get where he is today. In the Marvel movie “Deadpool,” which was a big hit in 2016, he played the same character. This role put him on the A-list in Hollywood. In addition … 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
Liz White had no clue when she visited her parents in Naples, Florida, last year that she would wind up with her own flat in the same complex full of seniors. White was living in downtown Philadelphia in 2021 when her position as a marketing account director became completely remote owing to the COVID-19 outbreak. … Read more
Tim Riegel, 59, started making fire pits out of propane gas tank ends a year ago. He makes up to $16,000 per month from his side hustle. With inflation on the rise, Tim Riegel wanted a side project for extra income, so in September 2021, he bought seven $90 propane tank ends off Facebook Marketplace. … Read more
If we do not teach our children new money skills beginning in kindergarten and adolescence, they are likely to make huge financial mistakes as adults. At 67 years old, one of my biggest parenting regrets is that I didn’t teach my kids about money. (It’s ironic, given that my entire career has revolved around personal … Read more