Posted 10 days ago

HENRYs - Paying for College & ROI

Almost eight years separate the person in these two pictures, but she is SO happy to be back! I'm thrilled to be returning to Bloomberg News as a personal finance reporter on the Money team!I’ll be tracking the money habits of a group of readers who often fall through the cracks in most personal finance content: the HENRYs, or high earners who are not rich yet. This group already knows the basics, but they're seeking to take their finances to the next level at a time when rising housing, college, health care and child care costs are pricing them out of the lives they expected. Simply put, in this economy, it has never been more complicated to be middle class. A core focus area for me will be also how families are paying for and extracting value from college — what it really costs over time and how they’re seeking to get a good return on their investment amid massive technological and AI disruption. I've already learned so much from my new team since they launched this expanded global news initiative on June 1! Here are a few of my recent favorites: 1) Josyana Joshua on how desperate brides are turning to Etsy witches as a hedge against a $100,000 wedding going wrong: https://lnkd.in/gVPCxR3A 2) Suzanne Woolley on the next AI reckoning, and how it could soon be coming for wealth managers: https://lnkd.in/giYRXgZ2 3) Paulina Cachero on why all-inclusive resorts are all the rage this summer after the Iran war lifted oil and travel prices: https://lnkd.in/g6cuYZ7V Honorable mention to this new tool, which revealed to me that I may have the wrong premium credit card in my wallet! https://lnkd.in/gJu6VCgN On a personal level, I have to pinch myself! I’ve wanted to come back to Bloomberg since my internship ended in the fall of 2018. Case in point: Just earlier this year, on a girls trip to London with my mom, I forced her to walk by the fancy European headquarters on Queen Victoria Street with me, so I could gawk at it from afar. Subscribe to Bloomberg Money's newsletter (from the incomparable Adam Auriemma), catch our weekly show on Bloomberg Television every Friday at noon and follow the team's work at bloomberg.com/money! And in the meantime, I’d love to hear from you! Have a wonky money habit? Doing something interesting with your portfolio? Rethinking a major milestone, like homeownership, college or marriage? Let me know in the comments or drop me a line! Everyone has an important story! My DMs and inbox are always open: [email redacted].
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