• Watching my mom cry over some lost change taught me to protect every dollar I earn, and that lesson has served me well for years

    5 days ago - By Business Insider

    Summary List Placement When I was about 10, my family collected cans so we could recycle them for cash. We lived on a block of subsidized housing in a city in Southern California's San Fernando Valley, and every bit of money we could scrounge up went to paying the rent and keeping the lights on .
    I remember one trip to a nearby strip mall to a standalone, self-serve recycling machine. It was a hot summer day, and my mom and I were taking turns dropping plastic bottles or aluminum cans into the machine. In exchange, the machine would shoot out coins.
    When we got home, she realized she had...
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  • My 'FU Money' made it easier to deal with a bad boss at my 6-figure job: I quit

    My 'FU Money' made it easier to deal with a bad boss at my 6-figure job: I quit

    5 days ago - By Business Insider

    Summary List Placement In the fall of 2015, I pulled my credit report and took a look at my total debt: $30,000. At the time, I was living in New York City and mindlessly spending money under the false idea that I would deal with my debt at some undetermined point in the future when I was making more. Then I discovered the FIRE movement , and it completely changed my life.
    I reoriented myself to value saving and investing over spending, which led me to dig out of that $30,000 of debt in 11 months. From there, I started saving 60% of my income and over the next five years, I was able to...
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  • Goldman Sachs responded to burnout fears in its consumer division by making evenings and Fridays 'audio only,' encouraging staff to go for walks and talk on the phone instead

    Goldman Sachs responded to burnout fears in its consumer division by making evenings and Fridays 'audio only,' encouraging staff to go for walks and talk on the phone instead

    5 days ago - By Business Insider

    Summary List Placement Goldman Sachs is taking steps to combat Zoom fatigue and other measures of burnout among its staff, Insider has learned.
    The bank's consumer division recently introduced "audio only" times for internal meetings on weekdays after 6 p.m. and all day Friday, according to a memo seen by Insider.
    The memo said it wasn't instituting a rule, but merely giving a strong suggestion. In cases where a video call is necessary or helpful, for presentations or external meetings or interviews, for example, employees should feel free to ignore the suggestion, the memo said.
    "Remember...
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  • Goldman Sachs interns are scrambling to find housing in New York City this summer as the bank prepares them to head into the office

    Goldman Sachs interns are scrambling to find housing in New York City this summer as the bank prepares them to head into the office

    5 days ago - By Business Insider

    Summary List Placement The first test that Goldman Sachs' incoming summer interns are facing this year has already begun: the challenge of finding a place to live in New York City.
    On March 29, Goldman Sachs told incoming interns in a post on its website to expect to work out of its offices this year following a one-week virtual training program that's set to kick off in June, unless they could not reach the company's offices safely.
    "We encourage those that can to please prepare to be near the office of your internship ahead of the start of your virtual training program," the company...
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