Cut excess spending Over the past 15 months, about 60% ($13,260) of our monthly passive income ($22,100) was spent on living expenses. Luckily, since April, we’ve managed to cut back by at least 32% (to only spending $9,017 per month). We plan on using the money saved to invest in more real estate opportunities. Cutting back
Wealth
Whether unemployed or still working, many Americans are looking for extra funds during the coronavirus pandemic. About 14% of those with retirement savings have taken money from accounts such as 401(k)s and individual retirement accounts to meet that need. Another 13% of those with savings say they’re planning to make use of their retirement funds.
Growing up, Elon Musk read plenty of books but was especially inspired by science fiction. The genre motivated him to create “cleaner energy technology or [build] spaceships to extend the human species’s reach” in the future, according to the book “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” by Ashlee Vance. With these goals in mind, Musk
There is a strong correlation between how much money we make and how satisfied we are with our lives. An often cited 2010 study about salary and happiness found that our happiness increases up until we reach the $75,000 mark. Then, it plateaus. We spoke with today’s top happiness experts to see how that finding
While non-essential travel may be out for the foreseeable future, wanderlust is still going strong. Proof? These are the Airbnb rentals at destinations around the world that users have been saving the most on “wish lists” since the pandemic began. (Data was compiled by Airbnb from March 11 to May 4.) Singaraja, Bali, Indonesia This two-bedroom villa
We live in an increasingly stressful world, which is why it has never been more important to foster emotional and mental resiliency in our children. Not only are mentally strong kids better prepared to tackle future problems on their own, but studies have found that they’re also more likely to be engaged in school and
Since late April, states across America have started to reopen, allowing for businesses to open their doors with restrictions. In states like Alabama, Colorado and Florida, for example, retail stores are able to reopen at limited capacity. In others, like Idaho and Kansas, gyms have reopened with precautions in place. But even when business owners get
Nine-time Grand Slam doubles champion Bethanie Mattek-Sands was set to compete in the BNP Paribas Open in March. But the day before it started, she found out the tournament had been canceled. The tournament, held at Indian Wells in Palm Springs, California, and known as the “fifth grand slam” in the tennis world because of
Brain coach Jim Kwik says billionaire Elon Musk hired him after they bonded over science fiction books like “Lord of the Rings” and Isaac Asimov’s “Foundation Series.” “I think leaders are readers,” Kwik tells CNBC Make It. After the Tesla and SpaceX CEO learned more about the work Kwik does — everything from teaching people
Americans love gift cards. And the U.S. is the world’s biggest market — by a long shot. The plastic cash substitute has been the most popular holiday item on shoppers’ lists for 13 years in a row. In 2019 alone, U.S. consumers loaded up on gift cards from brands like Starbucks, Amazon and Home Depot
Former NFL star Chad Johnson is doing his part to help restaurant employees during the coronavirus pandemic. On Monday, the retired athlete left a $1,000 tip for his server at Havana’s Cuban Cuisine in Cooper City, Florida. His meal cost $37, meaning he tipped about 2,703%. “Congrats on re-opening, sorry about the pandemic, hope this
As a psychotherapist who mostly works with young people, I’ve followed the many ups and downs of my college-age patients over the past few years. And this year has been an especially tough one for the class of 2020. But these five wonderful books will guide, support and inspire them as they transition from college to
While many dog owners dream of training their dogs to fetch them beer, that’s just what golden retrievers Buddy, 3, and Barley, 1, are doing amid the Covid-19 pandemic. Mark and Karen Heuwetter, co-founders of Six Harbors Brewing Company in Huntington, a coastal town on Long Island, New York, were inspired to bring the dogs
The rise of artificial intelligence will make even software engineers less sought after. That’s because artificial intelligence will soon write its own software, according to Jack Dorsey, the tech billionaire boss of Twitter and Square. And that’s going to put some beginning-level software engineers in a tough spot. “We talk a lot about the self-driving
Amazon released its first smartphone, the Fire Phone, in July 2014, and the device was broadly considered a “debacle,” “a fiasco,” “a surprising disappointment.” By September 2015, Amazon stopped selling the Fire Phone. It was the type of high-profile flop that might lead some CEOs to start angrily pointing fingers, but not Jeff Bezos. “You
Sonia Rief, vice president at Nissan North America, had a passion for engineering since high school. As a self-proclaimed “adrenaline junkie,” Rief would build and race cars in college at North Carolina State University, as she told CNBC Make It. Her strong interest in car mechanics would lead her to break into a notably male-dominated
With more than 38 million Americans currently out of work due to the coronavirus shutdowns, millions are having difficulty paying their bills on time. The first thing many financial experts have advised is to talk to your landlord, creditors or bank about your financial situation to see if they can offer any leniency or a
Facebook will begin opening up its candidate pool to remote workers this summer, CEO Mark Zuckerberg said Thursday during an employee townhall livestreamed to the public on the social networking platform. Currently, 95% of the company’s employees are working in a remote capacity during the coronavirus pandemic, Zuckerberg says. He estimates half of the organization will
People who love to hate Crocs had cause to celebrate in 2008, when investors were writing the company off as a passing fad. Crocs lost over $185 million that year. The stock plunged to just over $1 a share. But over the next decade, Crocs sold 700 million pairs of shoes. The clogs have have
We’ve all been looking for new ways to stay productive lately, particularly when it comes to work. Whether laid off, furloughed or adapting to new ways of working, more and more of us are spending time honing our skills as we adapt to the fast-changing jobs market. That has caused demand for online learning to