wealth
The Big Apple is getting more unequal: A new report from New York City Comptroller Mark Levine found that income inequality worsened in the city from 2019 to 2024.That’s not entirely unexpected. The country’s financial capital has long had a wealth gap between its Wall Street bigwigs and everyday workers,…
For Kelan and Brittany Kline, improving their finances came down to a simple idea: widen the gap between what they earned and what they spent.The couple, who once worked traditional jobs as a jail deputy and elementary school teacher, were newly married and carrying roughly $40,000 in student-loan debt when…
This as-told-to essay is based on a conversation with Olivia Ferney, chief marketing officer with Top Tier Travel. It has been edited for length and clarity.When I was growing up in Canada, raised by two guidance counselors, hearing “no” was a fact of life. Even for little things, like making…
NBA star Jaylen Brown said that getting rich came at a cost to his relationships.On Monday’s episode of the “Boardroom” podcast, the basketball player spoke about how his success changed the way he viewed money and interacted with the people around him.Brown began gaining recognition for his basketball skills at…
Mark didn’t have a six-figure salary when he started investing in real estate.The Florida-based former police officer, who prefers not to share his last name for privacy reasons, said he never earned more than $52,000 a year. Still, he built a 25-unit real-estate portfolio in less than five years and…
Like others in wealth management, Mikael Lemieux is used to talking about taxes and investing— he’s just sometimes doing it from inside a locker room.Lemieux works in JPMorgan’s Athlete Center of Excellence, which launched in March as an educational resource for athletes. Part of Lemieux’s remit includes educating athletes about…
