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Here's how much money you need to make to be middle class in each US state

Mon, 05/20/2024 - 11:48

Tech Insider : Economy

New York City skyline. — New York has the lowest percentage of households in the middle class.
TTstudio/Shutterstock

economy, finance, middle-class, lower-class, upper-class, Rich, Poverty

My baby boomer parents gave me great financial advice. They taught me to budget and helped me open a checking account at 13.

Sun, 05/19/2024 - 07:19

Tech Insider

Sandrine Jacquot and her parents standing in a room with two yellow chairs and a blue carpet. — Sandrine Jacquot learned about finances from her parents.
Courtesy Sandrine Jacquot

finance, finance, health, health-freelancer, Essay, gen-z, baby-boomers

A rural Kansas county wants remote workers to move there. It's giving new residents $4,500 cash, an internet stipend, and fresh eggs.

Sun, 05/19/2024 - 06:08

Tech Insider : Economy, Economy, Politics

remote worker — Lincoln County, Kansas is paying remote workers $4,500 cash to move to there. The region hopes to add 70 households.
d3sign / Getty Images

economy, Careers, economy, Careers, finance, basic-income, remote-work

The risky allure of WiFi Money: private jets, sports cars, and ruined investors

Sun, 05/19/2024 - 05:57

Tech Insider

A man whose face is swirling into a black hole. There's a car and a plane in the background and money flying everywhere. — Since its founding in 2020, WiFi Money has left a trail of lawsuits alleging fraud, bankruptcies, mental breakdowns, and financial devastation.
Brandon Celi for BI

Tech, Discourse, finance, Media, culture, wi-fi-money, Finfluencer

Michael Burry and John Paulson hit the jackpot when they called the housing crash. Now they're betting on gold.

Sun, 05/19/2024 - 05:07

Tech Insider

Dr. Michael Burry — Michael Burry of "The Big Short" fame.
Astrid Stawiarz/Getty Images

finance, trending-uk, michael-burry, the-big-short, scion-asset-management, john-paulson, paulson-co

Warren Buffett warned AI is like the atomic bomb, but this expert thinks he's being way too gloomy

Sat, 05/18/2024 - 07:04

Tech Insider

Warren Buffet — Warren Buffett.
Bill Pugliano / Stringer / Getty Images

finance, Tech, trending-uk, finance, Tech, warren-buffett, berkshire-hathaway

Millennials have a fresh take on the FIRE movement, and it's less about taking it easy in retirement

Sat, 05/18/2024 - 04:46

Tech Insider : Economy

Illustration of a man distracted at work on a gold course. — Andrea Chronopoulos for BI

economy, finance, Millennials, Retirement, freelance-illustration, fire, financial-independence

Welcome to the club: You're middle class but still counting your pennies

Sat, 05/18/2024 - 04:27

Tech Insider : Economy, Economy

a middle class family in the kitchen — Middle-income earners aren't acting like they're middle-class.
The Good Brigade/Getty Images

economy, finance, economy, Wealth, middle-class, middle-class-income, american-middle-class

A bridesmaid says she's out $3,200 for the wedding, and if she did everything the bride wanted, she'd probably have to move

Fri, 05/17/2024 - 21:57

Tech Insider

Bridesmaids — One-third of bridal party members said they went into debt for the wedding.
Lanny Ziering/Getty Images

finance, culture, Weddings, bridesmaids, Debt

Investors and economists are getting worried about more bank failures as interest rates stay high

Fri, 05/17/2024 - 15:53

Tech Insider

banking failure — Sesame/Getty Images

finance, Markets, mi-exclusive, banking-crisis, bank-failures, interest-rates, interest-rates-outlook

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