Real-estate mogul: 3 rules for flipping a home with friends or family
Self-made millionaire Sidney Torres built his fortune flipping homes in New Orleans. Today, he uses his money and expertise to help struggling property investors on CNBC’s “The Deed.” On Wednesday’s episode, Torres helps a close friend, James Brooks, finish a flip he’s been working on for more than three years. Brooks, who bought the rundown […]
Here’s exactly when you’ll become a millionaire if you save $500 per month
Are you on track to become a millionaire? If you’re regularly saving and investing, you may already be well on your way to reaching that milestone by age 67. But if you want to speed up the process, putting away more each month will help you get there sooner. CNBC Make It used CNN Money’s […]
If you are your own boss, don’t miss this tax deadline
Most taxpayers who filed their return in April can breathe easy for a year before facing another Internal Revenue Service deadline. The self-employed aren’t so fortunate. If you have income from a side gig or from full-time freelancing and contract work — i.e., no company is withholding taxes from your paycheck — it’s time to […]
How to keep on top of your personal finances in a growing economy
The economy has shifted into high gear, with corporate profits surging, bankruptcies and foreclosures tumbling and the national unemployment rate easing to 3.8%, an 18-year low. Americans have become more optimistic, but their personal finances don’t necessarily mirror the economy’s progress. The latest assessment of household financial health by the Federal Reserve shows “many signs […]