Latest news with #financialindependence
Yahoo
11 hours ago
- Business
- Yahoo
I'm 29 with plenty of cash, a robust 401(k) and own a condo — but I feel left behind and lonely. What now?
Picture this: You own a home, along with $130,000 in cash savings and $40,000 in your 401(k), and you're not even 30 years old yet. On paper, this is a great financial situation. But after years of pinching pennies, turning down dinner invites and putting fun on layaway, was the sacrifice worth it? Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Welcome to the emotional hangover of hyper-saving, a side effect of the FIRE (Financial Independence, Retire Early) movement. If this sounds like you, we've got some strategies for how to be fiscally responsible and still enjoy your life. The FIRE movement is a financial movement that is made up of intense saving and budgeting to support an early retirement. Saving 50% to 70% of your income sounds glamorous on paper, and for the ultra-disciplined, it's a path to fast-track financial goals. But when social life takes a back seat to spreadsheet life, the returns may not always be what they seem. According to the Federal Reserve data, as of 2022, the median net worth for American households under 35 years old is just $39,000. So, if you're in your late twenties with six figures saved and real estate in your name, you've already lapped this figure several times over. But while your bank account may be full, what can you do if your social calendar is blank? Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Once you've nailed the basics, like establishing an emergency fund, bolstering your retirement savings and acquiring some equity, it could be time to rebalance. Financial stability should be your launch pad to life, not the finish line. Here are some ways to reclaim your social life: The 'Yes Month': Say yes (within reason) to social invites for a month. Go to that concert. Grab rooftop drinks. RSVP 'yes' to life. Giving yourself permission to live a little can revitalize your emotional well-being. Create a 'Fun Fund': Set aside a guilt-free allowance for everything you used to say 'no' to, such as weekend getaways, dinners out, shopping or even grabbing a coffee. Book a short trip: Whether it's a road trip or something more exotic, a short, reasonably priced escapade can reset your perspective and your priorities and give you time for self-reflection. Talk to a professional: A financial advisor can help you pivot from survival-mode saving to intentional living. Think of it this way, you take your car in for service regularly, right? So consider these meetings to be a tune-up for your money mindset. You may also want to ask yourself: 'What does 'enough' look like — for me?' This can be used as a baseline for your saving mindset. Defining what's 'enough' — whether it's a certain amount of savings or a paid-off mortgage — can help you figure out how much room you have to enjoy other things while you work toward achieving that goal. Saving aggressively in your 20s is a powerful move. But financial independence isn't just about escaping work; it's about designing a life you actually want to live. If you're sitting on a growing bank account and a shrinking social life, maybe it's time to rebalance the books, not just financially, but emotionally. Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Daily Mail
a day ago
- Entertainment
- Daily Mail
Futsal player sacked for making OnlyFans content claims she makes 100 times more selling adult content
A former futsal player sacked for having an OnlyFans account has boasted she's now earning 100 times more on the adult website than playing the sport. Marcela Soares, 21, claimed she had been sacked by her futsal club Pelotas, located in Rio Grande do Sul state, Brazil. Soares said her dismissal came after she began sharing content on the adult subscription website OnlyFans, however, she claimed her contract did not prohibit her from posting the content. Marcela had previously played for Leoas da Serra, Marechal Copagril, Pato Branco, Female and Celemaster, She has now quit the sport altogether after saying she had been 'betrayed' by other women and did not want clubs standing in her way of her life away from futsal. Marcela explained: 'I love futsal, it's my passion forever. But I can't stay somewhere that tries to control who I am outside of the game. 'I never stopped being the athlete I always was, and I never disrespected the club, but I was told I was setting a bad example for children. I was judged, excluded and I felt betrayed even by other women. 'But I also gained something: freedom and financial independence. Today I feel stronger.' She has also built a large fanbase, with over 247,000 people following her on Instagram alone. Freedom: Soares said she 'loves futsal' by did not want to be restricted away from the sport
Yahoo
a day ago
- Business
- Yahoo
I'm 29 with plenty of cash, a robust 401(k) and own a condo — but I feel left behind and lonely. What now?
Picture this: You own a home, along with $130,000 in cash savings and $40,000 in your 401(k), and you're not even 30 years old yet. On paper, this is a great financial situation. But after years of pinching pennies, turning down dinner invites and putting fun on layaway, was the sacrifice worth it? Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Welcome to the emotional hangover of hyper-saving, a side effect of the FIRE (Financial Independence, Retire Early) movement. If this sounds like you, we've got some strategies for how to be fiscally responsible and still enjoy your life. The FIRE movement is a financial movement that is made up of intense saving and budgeting to support an early retirement. Saving 50% to 70% of your income sounds glamorous on paper, and for the ultra-disciplined, it's a path to fast-track financial goals. But when social life takes a back seat to spreadsheet life, the returns may not always be what they seem. According to the Federal Reserve data, as of 2022, the median net worth for American households under 35 years old is just $39,000. So, if you're in your late twenties with six figures saved and real estate in your name, you've already lapped this figure several times over. But while your bank account may be full, what can you do if your social calendar is blank? Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Once you've nailed the basics, like establishing an emergency fund, bolstering your retirement savings and acquiring some equity, it could be time to rebalance. Financial stability should be your launch pad to life, not the finish line. Here are some ways to reclaim your social life: The 'Yes Month': Say yes (within reason) to social invites for a month. Go to that concert. Grab rooftop drinks. RSVP 'yes' to life. Giving yourself permission to live a little can revitalize your emotional well-being. Create a 'Fun Fund': Set aside a guilt-free allowance for everything you used to say 'no' to, such as weekend getaways, dinners out, shopping or even grabbing a coffee. Book a short trip: Whether it's a road trip or something more exotic, a short, reasonably priced escapade can reset your perspective and your priorities and give you time for self-reflection. Talk to a professional: A financial advisor can help you pivot from survival-mode saving to intentional living. Think of it this way, you take your car in for service regularly, right? So consider these meetings to be a tune-up for your money mindset. You may also want to ask yourself: 'What does 'enough' look like — for me?' This can be used as a baseline for your saving mindset. Defining what's 'enough' — whether it's a certain amount of savings or a paid-off mortgage — can help you figure out how much room you have to enjoy other things while you work toward achieving that goal. Saving aggressively in your 20s is a powerful move. But financial independence isn't just about escaping work; it's about designing a life you actually want to live. If you're sitting on a growing bank account and a shrinking social life, maybe it's time to rebalance the books, not just financially, but emotionally. Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Forbes
2 days ago
- Business
- Forbes
How Athletes Are Fueling Bitcoin's Push Into The Mainstream
Tristan Thompson #13 of the Cleveland Cavaliers drives against Duncan Robinson during the fourth ... More quarter in Game Four of the Eastern Conference First Round NBA Playoffs on April 28, 2025. (Photo by Megan Briggs) A growing number of professional athletes are becoming vocal advocates of Bitcoin and digital assets. What started as a trickle of interest is becoming a wave, as players from the NBA, NFL, and beyond use their influence and capital to help push decentralized finance into the mainstream. Cleveland Cavalier Tristan Thompson joined in that conversation during the Bitcoin 2025 conference in Las Vegas, hosting over 30,000 attendees. In an interview with Forbes, Thompson reflected on his journey into Bitcoin, his views on the broader crypto ecosystem, and why he sees financial independence as a new form of empowerment for athletes and their communities. Thompson was first introduced to Bitcoin in 2015, but the concept didn't immediately resonate. It wasn't until 2020, when more of his peers began investing and institutional interest started growing, that he began to take a closer look. Conversations with financial professionals sparked his curiosity, but major firms were still hesitant to enter the space at the time. As BlackRock and others eventually moved into digital assets, Thompson saw Bitcoin not as a passing trend but as a meaningful shift in how value and ownership could be structured. What ultimately drew him in was not just the market potential but also the philosophy of a decentralized system that gives people greater control over their financial lives. In a space known for its tribalistic culture, Thompson views digital assets with a more inclusive outlook. Using a sports analogy, he said, 'Bitcoin is like Michael Jordan. Ethereum? That's LeBron. Then you've got Steph Curry, we'll say he's Solana. You need all of them to evolve the game,' he said. 'It's a team sport.' Still, when newcomers ask where to start, he points them straight to Bitcoin. 'It's the original. You start there, then educate yourself from there.' His broader goal of participating in the digital asset ecosystem reflects a mindset gaining traction among athletes. One focused less on short-term speculation and more on building lasting financial independence. That includes helping everyday workers, including those around him in sports arenas, understand how tools like Bitcoin can offer a path to greater control over their financial futures. Thompson isn't the only athlete investing in Bitcoin and digital assets as a path toward building wealth. NFL running back Saquon Barkley made headlines in 2021 when he announced he would convert all of his endorsement income into Bitcoin using the payment platform Strike. 'We're seeing inflation and learning you can't just save yourself to wealth,' Barkley said on Anthony Pompliano's podcast. 'That's why I'm taking my marketing money in Bitcoin.' His reasoning echoed Thompson's focus on long-term value in an unpredictable economic climate. Barkley emphasized that building generational wealth requires more than a player's salary, especially in high-risk positions where injuries can abruptly alter a career. After tearing his ACL in 2020, Barkley saw firsthand how fleeting a football career can be. His pivot to Bitcoin was both a hedge and a statement of belief. Former NFL lineman Russell Okung is widely recognized as the first athlete to receive part of his salary in Bitcoin. In 2019, he famously posted on X, formerly Twitter, 'Pay me in Bitcoin.' Today, Okung sees Bitcoin as a tool to solve deeper societal issues. 'The next phase of Bitcoin,' he said, is 'about solving real problems.' That philosophy underscores a shift among the most committed athlete advocates of Bitcoin. It's no longer just about digital gold or speculative upside. It's about freedom, infrastructure, and access. Especially in communities historically excluded from legacy financial systems. What sets athletes apart isn't just their wealth. It's their visibility and influence, especially among tech-savvy audiences. Thompson believes athletes are uniquely positioned to influence public conversations, given their platforms and visibility. Rather than positioning himself as an expert, he sees his role as helping others explore a different way to think about money and financial independence through tools like Bitcoin. Companies like Coinbase, Strike, and Cash App have used high-profile athlete sponsorships to build credibility and adoption. Bitcoin remains at the center of many athletes' strategies. Not just for its scarcity, but for what it represents. For many professional athletes, Bitcoin serves as a foundation for building financial security. Thompson sees the space as a chance to promote education and empower others to take control of their financial futures. Rather than chasing quick profits, he encourages a mindset focused on ownership, resilience, and informed decision-making. He aims to make digital assets more approachable for those who may feel excluded from traditional finance. Whether it's helping others gain confidence with money or encouraging someone to rethink outdated financial strategies, he hopes to inspire a more self-reliant approach to wealth. The market has shown renewed momentum, with Bitcoin now trading just under $107,000. But the motivations of these athlete advocates go beyond price. Digital assets can represent a philosophical and practical shift in how wealth is preserved, shared, and grown. From Tristan Thompson to Saquon Barkley, a generation of athletes is taking a broader role in the financial world. They are not simply promoting digital assets but actively helping shape a future prioritizing openness, resilience, and inclusion. Thompson believes that while investing in Bitcoin may not be for everyone, understanding how money works is essential. In his view, financial literacy is a key step toward personal empowerment.
Daily Mail
2 days ago
- Business
- Daily Mail
Former futsal player, sacked for making OnlyFans content, claims she made 100 times more selling adult content
A Brazilian futsal player boasted of earning 100 times more making OnlyFans content than playing the sport. Marcela Soares, 21, claimed she had been sacked by her futsal club Pelotas, located in Rio Grande do Sul state. Soares claimed her dismissal came after she began sharing content on the adult subscription website OnlyFans. The Brazilian, who had previously played for Leoas da Serra, Marechal Copagril, Pato Branco, Female and Celemaster, claimed her contract did not prohibit her from posting the content. Soares has now quit the sport, claiming she had been 'betrayed' by other women and did not want clubs standing in her way of her life away from futsal. 'I love futsal, it's my passion forever,' Soares said, according to Globo. Soares said she 'loves futsal' by did not want to be restricted away from the sport 'But I can't stay somewhere that tries to control who I am outside of the game. 'I never stopped being the athlete I always was, and I never disrespected the club, but I was told I was setting a bad example for children. I was judged, excluded and I felt betrayed even by other women. 'But I also gained something: freedom and financial independence. Today I feel stronger.' Soares claimed that she initially earned R$550 (£72) per month during the early stages of her football career. The former futsal player has claimed she now earns R$55,000 (£7,200) from OnlyFans per month. Soares has also built a large fanbase, with over 247,000 people following her on Instagram alone.
