Wealth

Getty Images Are you willing to invest in your employer’s stock at a discount? If you’re working for a publicly-traded company, you may have a chance through an employee stock purchase plan, or ESPP. Nearly three-quarters of public companies offered an ESPP in 2018, according to a Deloitte survey. Workers often use these to boost

In 2004, I set out to conduct a five-year “Rich Habits” study to explore how the world’s wealthiest people think about their money. Each of the 225 millionaires I interviewed fell into one of four categories: Saver-Investors: No matter what their day job is, they make saving and investing part of their daily routine. They are constantly

NFL quarterback Tom Brady is concerned about his kids’ upbringing: He says he grew up solidly middle class, and his children are being raised on the sidelines of the Super Bowl with private jets at their disposal. On a recent episode of “Drive with Jim Farley,” a podcast hosted by Ford CEO Jim Farley, the

Erik McGregor | LightRocket | Getty Images As Democrats plow forward with a slimmed-down reconciliation package, House lawmakers are separately pushing another piece of President Joe Biden’s agenda: taxing the ultra-wealthy.  Reps. Don Beyer, D-Va., and Steve Cohen, D-Tenn., have introduced the Billionaire Minimum Income Tax Act, calling for a 20% levy on households worth

JGI/Jamie Grill | Tetra images | Getty Images As the U.S. economy shrinks for a second straight quarter — one definition of a recession — many Americans aren’t prepared for an economic downturn. However, financial advisors say there’s plenty that is in your control. Fewer than half of Americans feel “financially secure enough” for another

When Kylie Jenner’s very brief flight on a private jet went viral last week, people were outraged — largely about the environmental impact of the trip. Jack Sweeney was unfazed. The 19-year-old whose Twitter account @CelebJets publicized Jenner’s trip has made a name for himself since January by publicly tracking the private jets of billionaires

andresr | E+ | Getty Images Covid-19 relief and record-low interest rates boosted many Americans’ finances during the pandemic. That has been especially true for millennials, who have on average built significant wealth. Millennials, born between 1981 and 1996, have more than doubled their total net worth, reaching $9.38 trillion in the first quarter of

It may seem paradoxical, but a trip to Europe may be a way to save money on travel this year. Amid a global scramble to find ways to save money while traveling, hotel rates dropped in many European cities. Average airfares originating from the United States are also down, according to travel specialists. Another boon

In this article NCLH It’s one of the most basic laws of economics: When prices rise, demand falls. But despite rising travel costs and inflation, vacationers aren’t showing much interest in canceling their summer plans. Yet, they certainly appear open to changing them. Nearly 70% of those planning summer vacations said they anticipated making changes

I will remember December 23, 2016 for the rest of my life. It was my last day working a full-time job. My wife and I retired early at 33 and 35, respectively, after accumulating $870,000 working in information technology. With the help of the market, our net worth increased to $1 million shortly after. I

Over more than a decade on ABC’s “Shark Tank,” billionaire Mark Cuban has seen his share of good investments — and bad ones. Last week, Cuban told the “Full Send” podcast that after investing nearly $20 million in 85 startups on “Shark Tank,” he’s taken a net loss across all of those deals combined. “I’ve

My first job out of university was working at a bank, but from the start I didn’t feel confident about the money I was earning. I remember watching as every paycheck would disappear almost as soon as I got it, in order to cover student loan payments and make a dent in the $4,000 credit