Wealth

JGI/Tom Grill | Tetra images | Getty Images A federal program for low-income elderly and disabled individuals — known as Supplemental Security Income — includes savings limits for beneficiaries that have largely not been updated since the program was created in 1972. Individuals who receive SSI benefits may have just $2,000 in assets, while married

You don’t have to get a college degree to become highly successful. That’s according to Austin Russell, the world’s youngest self-made billionaire, who dropped out of Stanford University in 2012 to start his company, Luminar Technologies, after receiving a $100,000 grant from the Peter Thiel Fellowship.  CNBC Make It asked Russell, 28, if he’d recommend

A sign calling for student loan debt relief is seen outside the U.S. Supreme Court in Washington, D.C., on Feb. 28, 2023. Nathan Howard | Reuters If you’re one of the millions of Americans affected by the Supreme Court’s decision to strike down student loan forgiveness, financial advisors have tips before payments resume. The high

The sun sets behind power lines near homes during a heat wave in Los Angeles on Sept. 6, 2022. Patrick T. Fallon | Afp | Getty Images As millions of Americans across the country grapple with scorching heat, experts are offering up tips for saving money amid record-breaking temperatures. Despite falling inflation, electricity prices remain

The U.S. Supreme Court building in Washington, D.C., on June 27, 2023. Kevin Dietsch | Getty Images The Supreme Court will soon hear a case that could affect broad swaths of the U.S. tax code, corporate revenue and federal wealth tax proposals. The case, Moore v. United States, is slated for the next court term

If you want to be rich, you have to know your numbers. How much do you spend on groceries? On entertainment? On gifts? Even how much you tip matters. I understand that it can be hard. When your finances aren’t where you want them to be, it’s sometimes easier to just avoid looking at them.

In 2001, at 22 years old, I moved out of my mom’s basement in Atlanta and into a sublet in the housing projects of Manhattan. I got a job as a technical support operator making $45,000 a year. When I told my friends and family that I was going to get rich off real estate

Within five years of moving to Europe, businessman Douglas Loewe “fell in love” with Barcelona, he said. He decided to buy a home there, spending about 500,000 euros ($545,000) to purchase an apartment in the city’s famous Eixample neighborhood in 1999, the senior operating partner at Macquarie said. But by 2017, Loewe felt the two-bedroom

Barack Obama is no stranger to bleak circumstances — maintaining a positive attitude despite them helps him stay in high spirits. Obama, 61, discussed the top tactic he uses to remain level-headed in an interview with comedian Hasan Minhaj published on Wednesday. Minhaj asked the former president, who he dubbed the “hope and change guy,”

Marko Geber | DigitalVision | Getty Images If you sell investments this year, it’s less likely to affect your 2023 tax bill next spring, experts say. Due to inflation adjustments from the IRS, there are larger brackets for long-term capital gains, which apply to investments owned for more than one year. The changes mean it

Artificial intelligence algorithms are increasingly being used in financial services — but they come with some serious risks around discrimination. Sadik Demiroz | Photodisc | Getty Images AMSTERDAM — Artificial intelligence has a racial bias problem. From biometric identification systems that disproportionately misidentify the faces of Black people and minorities, to applications of voice recognition

There are many ways for everyday investors to make a real impact on issues like climate change, gun violence, and racial and economic justice. As a partner at Values Added Financial, which manages $150 million of investable wealth for about 80 households, I advise people on how to use their money to do right by