Wealth

I was 35 when I lost my job as a legal courier in San Jose, California. It was 2009, and the economy had lost nearly six million jobs since the Great Recession began in 2007.  Finding work was nearly impossible. At one point, I juggled three jobs that paid a total of less than $500

Nearly every aspect of living and working has been upended by the coronavirus pandemic. Running essential errands, checking on friends and family, caring for kids while school is shut down and staying healthy have all become harder. On top of all that, workers are simultaneously worried about job security and may be logging longer, more distracted hours in

From logistical issues, like finding someone to do your grocery shopping, to emotional ones, such as coping with anxiety and depression in isolation, the Covid-19 pandemic has brought to the forefront an experience that can be strangely uncomfortable for many: asking for help. This is not always an easy task, even outside of a pandemic,

The U.S. is currently grappling with unprecedented levels of unemployment and is predicted to experience a coronavirus-induced recession at least through 2021. As of April 17, over 22 million American workers had lost their jobs due to coronavirus.  Alexander Colvin, a labor and employment researcher and dean of the ILR School at Cornell University tells

Chrissy Teigen and John Legend bought a $5.1 million modern contemporary house in West Hollywood, California – just a short distance from the couple’s current Beverly Hills home, which they purchased for $14.1 million in 2016.  The couple’s real estate portfolio also includes two penthouses in New York City, both located in the downtown Manhattan neighborhood

Roughly 22 million Americans have filed for unemployment in the last month while the coronavirus pandemic upended the U.S. economy. But those numbers only account for people who’ve been able to get past site crashes, never-ending wait times by phone and other logistical challenges in order to file an unemployment claim with their state office.

As businesses remain closed due the coronavirus pandemic, nearly 22 million Americans have filed for unemployment during the past month. And with more layoffs expected, the job market will only continue to get more competitive. The simple truth is that most job seekers won’t get hired right away, which is why it’s important to know

Many Americans are grappling with what to do with their retirement savings, uncertain whether to head for the exits or buy more stocks on sale. The recently passed CARES Act makes it easier for you to tap your 401(k) and retirement accounts, but there could be significant long-term consequences for your financial security. I spoke

If you and your partner are worried about the impact the coronavirus pandemic may have on your job security or finances, it’s a good idea to start working together now to shore up the stability of your household. To help you get started, here are five tips from financial experts on what to do now

CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 13 of 30. If your heart raced the last

During the late 1990s, Jesse Itzler was just like any other newbie entrepreneur — he had little cash but big dreams. Then he made a risky deal that paid off, and it taught him to invest in himself.  At 24, Itzler got an offer that he couldn’t refuse: the opportunity to buy four front-row season

The coronavirus pandemic has forced millions of Americans to work from home over the past month, and likely into the foreseeable future.   Understandably, working remotely is easier for some employees than others, as coordinating with colleagues sprawled across the map can prove to be a difficult test of patience and technology. But what do you

CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 12 of 30. If you’ve used the same password

In 2016, Steve Adcock quit his six-figure job and retired at 35. His wife, Courtney, left her 9-to-5 a year later and joined him in early retirement. They did it by saving up to 70% of their combined income, which ranged from $200,000 to $230,000 a year. For the past few years, the couple have

CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 11 of 30. Balance sheets, which list out all

Experiencing intense flashbacks, nightmares, irritability, anger, and fear? In the face of a traumatic event like the Covid-19 pandemic, it’s common to feel this way. While many people associate post-traumatic stress disorder with something like war, it’s a chronic psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event, such as

With roughly 22 million Americans now out of work due to the coronavirus, having enough money to cover bills and buy essentials is a real concern for many. Those attempting to stretch their budgets this month may wind up overdrawing their account and paying hefty fees.  Former presidential candidate Sen. Cory Booker (D-N.J.) and Sen.

The historic $2.2 trillion stimulus package dramatically expanded unemployment insurance benefits for the millions of workers losing jobs and wages during the coronavirus pandemic. But while the relief bill was signed into law on March 27, it’s taken weeks for the U.S. Department of Labor to roll out guidelines to states, which administer unemployment programs, on how

David Brumfield, aka Lagoona Bloo, is a full-time drag queen in New York City. Before he discovered drag, David paid his bills as an actor, and supplemented his income as a waiter and a nanny. Before Covid-19, Lagoona was a steady host and headliner at some of NYC’s top gay bars. Lagoona is eager to

Asian consumers are tightening their belts as they prepare for a coronavirus-induced hit to their finances, according to a new study.  Shoppers in China, South Korea, India, Japan and Indonesia have cut back on clothing, skincare and electronics purchases as concerns mount over the outlook for incomes and savings as the pandemic rattles economies across the