Latest on personal finance & savings
Tumblr Is New York's Third Billion-Dollar Start-Up Exit in the Past Year
Who needs Silicon Valley?New York startups are proving that Silicon Valley isn't the only place where monstrous tech companies can be made.In the past twelve months, three tech companies in the New York area have exited for more than $1 billion.Connecticut-based Indeed, a job search site with a big Manhattan ...
Yahoo: A History of Botched Start-up Acquisitions
From Delicious to Flickr, Yahoo doesn't have the best track record when it comes to start-up acquisitions. Can Tumblr break the mold?Founder David Karp made a promise to the Tumblr community Monday in announcing he sold his company to Yahoo for $1.1 billion:"Our team isn't changing. Our roadmap isn't changing. ...
New role for your boss: Retirement savings cheerleader
NEW YORK (MaimStreet) — U.S. workers are obviously having a tough time getting a grip on their retirement savings, but many may not know help is available from an unlikely source — their employer.The latest Retirement Confidence Survey from the Washington, D.C.-based Employee Benefits Research Institute reports that 49 percent ...
Workers now expect little guidance on retirement
NEW YORK (MainStreet) — When it comes to helping finance their retirement, today’s career professionals increasingly believe they’re on their own.That’s the conclusion drawn by a study from Financial Finesse, an El Segundo, Calif., personal finance services firm.READ: How much you should be saving for retirement while in your 20sAccording ...
Did Marissa Mayer Pay Too Much for Tumblr?
It's all about the future at this stage in a company's life. But to back out a $1.1 billion valuation for Tumblr, you have to be really, really optimistic.As all the world knows, Yahoo is paying $1.1 billion to acquire social media platform Tumblr. That’s a very nice exit for ...
What I Learned From My Waitress
Do you and your employees do these three things? In other words, are they as good at their jobs as Brenda is at hers?I believe in life-long learning. I also believe you can learn something from almost anyone. The key is to extract the wisdom from the wood chips and ...
How to pinpoint your home's break-even moment
NEW YORK (MainStreet) — The old rule of thumb says: Don’t buy a home unless you’ll stay there for four or five years — long enough for appreciation to offset expenses such as the real estate agent’s commission when you sell. If you won’t have the home that long, rent.But ...
Zact: The best no-contract wireless plan yet?
Is owning a smarthpone smart if the monthly bills put you in the poorhouse? Not so much. Thankfully, a growing number of upstart carriers are trying to make smartphone pricing cheaper and more manageable. Republic Wireless, for example, offers service for just $19 per month, and as I mentioned a ...
Charlie Hamilton: Most Successful People Worked When They Were Young
Want to raise more responsible kids? Then put them to work, says the Texas businessman.Charlie Hamilton, a serial entrepreneur and champion of Lemonade Day in Lubbock, Texas, knows all about running a successful business. But when it comes to raising successful kids, he's realized sometimes you just have to say ...
Why Fashion Models are Twice as Likely to Get H-1B Visas as Computer Programmers
Want to hire someone on an H-1B visa? It'll be a lot easier if they're a model.Beauty beats brains, and it's better to be sexy than tech-savvy--at least if your goal is to work in the United States under an H-1B visa.The highly coveted visas, which allow U.S. employers to ...
Keep Up the Self-Scrutiny--or Try This
What happens if you don't focus on what you could have done better? An experiment in productivity.As a business owner, you're critical--by nature and by profession. You hold yourself to high standards, and are rarely satisfied with the status quo. You have a tendency to focus on what did not ...
Is it worth it: Master's degree
When the job market stinks, many college students take refuge in graduate school, figuring the time and money spent getting a master’s degree will boost their career prospects. But with the interest rate on student loans doubling to 6.8 percent on July 1 — adding to the $1.1 trillion in ...
Savings Secrets: 6 unique, free things to do this Summer with the kids
Summer is nearly here! I can't wait to throw on that bathing suit and hit the kiddie pool in the back yard with the kiddos. Oh, am I the only one that likes doing that? Well, it's fun and a great way to stay cool, but let's face it - ...
3 Reasons I Lead From the Weeds
You can still keep your company moving forward while keeping your feet firmly planted in the day-to-day details. Here are three reasons to do so.You often hear the phrase "in the weeds" in restaurants referring to a server who has fallen behind, but in this post I'm going to use ...
Email Newsletter To Bestselling Book--How a Start-up Pulled It Off
How humility and honesty brought one start-up founder life-changing publicity.Long before bloggers were household names, John Lusk, along with his co-author and business partner Kyle Harrison, leveraged their humble company's newsletter into The MouseDriver Chronicles, a New York Times bestselling book. Along the way, they created a supportive community of ...
Will Planning Less Help You Do More?
A productivity junkie who's done it all decides to stop planning entirely. Will his experiment work?Have you tried about a dozen different productivity systems but failed to see long-term results?Computer scientist and professor Cal Newport empathizes. After noticing he had more research ideas than he could possibly turn into papers, ...
College grads are shocked by their own loan debt
NEW YORK (MainStreet) — Are U.S. college graduates “surprised” by the amount of student loan debt they’ve accumulated?You bet they are. But the real question is this: How did college grads not see this loan debt tsunami coming?READ: What will your kid's college really cost?More data are pouring in confirming ...
How to ID a car damaged by Hurricane Sandy
NEW YORK (TheStreet) — Hurricane Sandy damaged more than 250,000 automobiles when it slammed into the Eastern United States six months ago, and experts fear dishonest sellers are still trying to soak used-car buyers with vehicles hit by the storm.READ: Here are some questions to ask when buying a car"The ...
7 Foods That Boost Your Brainpower
Making big decisions for your company? Add these foods to your regular diet to keep your mind sharp.Most entrepreneurs are accustomed to long days and hectic schedules. But if you want to make smart decisions for your company, what you put in your body matters almost as much as how ...
Divorcing parents must figure out kids' future expenses now
NEW YORK (MainStreet) — It's a frustrating truth that years after most divorcing parents have signed their separation or divorce agreements, the subject of child-related costs is a source of ongoing squabbles.And whereas the emotional pain fades and the custody issues become fewer, kids' expenses never do. They just seem ...
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