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Frugal Budgets, Housing Hiccup, and Budding Business Advice
6 Best Places to Save Money and Earn Interest
Good morning. It's Wednesday, Jan. 24, and we're covering how much aid the U.S. has sent to Ukraine, turning your grocery store bonus into a supermarket sweep, essential tips for selling a home in the spring, and much more.
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Stock Market Update
Market Performance: January 23, 2024.
The Dow Jones Industrial Average hit 38,000 for the first time ever, climbing more than 100 points to close the day at 38,001.81. It’s yet another sign that markets are booming.
The S&P 500 also hit another record high for the day, building on its official bull market run. The Nasdaq Composite , meanwhile, rose 0.32%.
United Airlines expects to see a financial impact from the FAA’s grounding of Boeing 737 Max 9 planes. The company said in a filing Monday that it foresees an adjusted loss between 35 cents and 85 cents a share for its first quarter.
Financial Maverick Insights
Important Business Advice for Budding Photographers
Running a successful photo business is an entirely different prospect than simply being good with a camera, and if that is something you hope to do, it is crucial to understand what goes into it.
This excellent video tutorial features an experienced commercial photographer discussing the most important currency you have as a professional.
Coming to you from Scott Choucino of Tin House Studio, this awesome video tutorial discusses what really goes into being a successful professional photographer.
As you will note, Choucino heavily emphasizes how perhaps your most important currency, along with your creativity and skills, is your personality. In this type of industry, clients often hire on the sort of feeling they get from the photographer.
Photographers who are difficult to work with rarely get hired and get repeat clients even less. People like to work with people they simply like, and showing that you are pleasant, capable, and confident will go a long way to building the sort of trust needed to establish a client relationship.
That is why you will likely notice most of the best photographers are very fun and likable people to be around.
How to Make Money With AI in 2024: A Beginner’s Guide to Saving Time and Effort
I used to be one of those people who prided myself in how busy I was, regularly working 80-plus hours a week. I started a public relations (PR) agency with a vision of helping people make a bigger impact through media exposure. Starting any business can be a lot of work, especially one with lofty goals. This meant I wore all the hats in the beginning: sales, marketing, content creation, fulfillment and everything in between.
No matter how much progress I made in my business, it always felt like I needed to work more. For years, I wore my “busyness” like a badge of honor and loved telling people how hectic my life was… until I completely burned out. After years of grinding, I realized I needed to reevaluate what I was doing with my life and what my priorities were.
Overworking was not making me happy, nor was it making me the money I felt I should be earning to match all the effort and time I was putting in. During reflection and taking a break from work, I realized that optimizing my time was far more important than how many hours I put in.
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