I started my debt-free journey back in March of 2015 after a series of events led me to realize my husband and I were one emergency away from bankruptcy. We had over $212,000 in debt, not including our mortgage. After pulling myself out of a pit of anxiety and despair, I knew that we had
Wealth
Getty Images The coronavirus pandemic is redrawing the flight patterns of America’s private jets, as airports in resort towns see big jumps in traffic while flights near cities decline, according to a new report. Private jet flights at Francis S. Gabreski Airport in Westhampton, New York, surged 172% in October, according to data from Tuvoli,
Kate Spade handbags Scott Mlyn | CNBC Women are spending more money when they’re shopping for handbags during the coronavirus pandemic, Coach owner Tapestry‘s latest quarterly results show. And it could be, in part, because consumers are buying bigger, pricier bags to stow away bottles of hand sanitizer and Clorox wipes. “I don’t know about
After more than a decade as an investor on ABC’s “Shark Tank,” Kevin O’Leary has bettered his negotiating skills. And with all that experience, he’s found a common thread among some of his “very best” deals. “What I’ve learned over the years, because I’ve negotiated so many different deals, [is that] the very best deals
Digital nomads can now work remotely in the Cayman Islands for up to two years. The catch? Those workers must make at least $100,000 a year — and even more if they want to bring a companion. Launched on Oct. 21, the Global Citizen Concierge Program invites high-earning workers to ride out the next several
NBA legend Shaquille O’Neal admits he didn’t understand how taxes worked when he first started making a lot of money in the early ’90s. In fact, he learned the hard way. When O’Neal signed his first million-dollar trading card contract, he blew through the check in one day, buying cars and jewelry. Then, he says,
With mortgage rates reaching historic lows this year, many people are looking to refinance or purchase a home. But should you do an adjustable rate mortgage (ARM), which has an introductory fixed-rate period — usually five, seven or 10 years — and then periodically adjusts based on market conditions, or the more popular 30-year fixed-rate mortgage?
A screen shows Alibaba’s sales volume exceeding 100 billion yuan after one hour during 2019 Alibaba 11.11 Global Shopping Festival on November 11, 2019 in Hangzhou, China. VCG | Visual China Group | Getty Images The e-commerce giant Alibaba‘s annual Singles Day shopping event could be a boon for Chinese brands, according to a new
China’s young billionaires amassed a combined fortune of more than $223 billion this year as the country enjoyed its fastest year of wealth accumulation, even as the world battles its worst economic crisis in decades. China had 60 billionaires below the age of 40 this year, according to the latest Hurun Rich List released last
A man on a delivery bike rides past a closed Tiffany & Co store near Fifth Avenue on March 27, 2020 in New York City. Angela Weiss | AFP | Getty Images Jeweler Tiffany & Co. and Louis Vuitton-owner LVMH are in indirect talks to settle their ongoing dispute over a $16 billion deal, CNBC’s
Aston Martin has come a long way since it was featured as James Bond’s weapon-laden sports car in the movie “Goldfinger.” It makes some of the world’s most envied and admired vehicles, but that isn’t helping it financially. Mounting losses, falling sales and the devastating impacts of the coronavirus, which has rocked the global economy
Self-made billionaire Mark Cuban has consistently attributed his success, in part, to his devotion to life-long learning. In fact, the “Shark Tank” investor previously called it “the greatest skill” to have. For Cuban, life-long learning means spending “four to five hours a day” reading, he told CNBC Make It in 2018. “I read everything I
Americans can now travel to Hawaii’s beautiful tropical shores without having to quarantine on arrival. From Oct. 15, domestic travelers who take part in the state’s Pre-Travel Testing Program can bypass a two-week quarantine requirement, provided they test negative for Covid-19 before and, in some cases, after they arrive. “After not being able to travel
Prices in the Hamptons hit new records in the third quarter, as wealthy New Yorkers fled the city and continue to buy homes on the beach, according to a new report. The average sales price in the Hamptons soared 46% in the quarter, to just over $2 million, according to a report from Douglas Elliman
Rep. Alexandria Ocasio-Cortez has had more than her fair share of viral moments, and the social media-savvy politician just added yet another to that list of online hits with one of the biggest debut Twitch streams ever. On Tuesday night, the 31-year-old congresswoman joined the Amazon-owned live-streaming platform, where she played a few rounds of
Sara Blakely built Spanx into a billion-dollar brand having no background in design, business or manufacturing. She launched the company in 1998 with just $5,000 she had saved from selling fax machines door to door. But beyond just seed money, Blakely says that job provided something else important for her and for Spanx: Working in
Jack Ma, Alibaba Group Jean Chung | Bloomberg | Getty Images A spate of IPOs and robust tech growth helped China’s billionaires add $1.5 trillion to their wealth, bringing the total worth of China’s billionaires to $4 trillion, according to a new report, which described the increase as the country’s fastest growth ever. China minted
I’ve surveyed thousands of adults around the world — from the financially affluent to the middle-class to the poor — about two very simple, universally valuable resources: Time and money. Unsurprisingly, most people focus too much on working and making money, and not enough on having more time. But shifting your mindset to prioritize time
Pandemic travel restrictions have limited many travelers to staycations, and others are simply too nervous to get back on a plane. But there are still plenty of opportunities for adventure on the road. The road trip has undoubtedly seen a revival during the pandemic, and it’s the perfect way to explore the countryside for rich
High earners in New York and California could face combined federal and state tax rates of 62% under Democratic presidential nominee Joe Biden’s tax plan, according to tax experts. While Americans earning less than $400,000 would, on average, receive tax cuts under Biden’s plan, the highest earners would face double-digit increases in their official tax
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