Ramit Sethi shares 10 money rules, including finding the right partner, and LinkedIn's advice to apply to fewer jobs

Ramit Sethi emphasizes the importance of financial wisdom through his ten money rules, which include finding the right partner for financial success. In conjunction with this, LinkedIn suggests that job seekers should focus on applying to fewer positions to improve their chances of landing a suitable role.

> Ramit Sethi, well-known for his practical approach to personal finance, recently shared his top 10 money rules on Instagram, which emphasize thoughtful spending and long-term financial security. His advice, including keeping a one-year emergency fund and saving 10% while investing 20% of income, encourages a disciplined yet flexible approach to building wealth. Sethi also advocates for paying cash for big expenses and investing in health and education, underscoring his belief in quality over quantity. His final rule, "Marry the right person," resonated widely, highlighting the financial and personal benefits of a supportive partnership.

> Alphabet reported strong third-quarter earnings, with both revenue and earnings per share exceeding expectations, driven by significant growth in Google Cloud revenue, which rose 35% to $11.35 billion. The search giant’s revenue climbed 15% year-over-year to $88.27 billion, with YouTube ad revenue and Google Search continuing as major contributors. CEO Sundar Pichai highlighted the role of AI across Alphabet’s products, boosting YouTube recommendations and cloud capabilities. Alphabet also saw increased income from its "Other Bets" like Waymo, while ongoing restructuring aims to streamline operations and capitalize on AI-driven efficiencies.

> Betting on the 2024 presidential election is gaining major traction, with platforms like Kalshi, Polymarket, and now Robinhood allowing users to wager on political outcomes. A recent federal court ruling cleared Kalshi to offer election betting to U.S. users, quickly making it one of the top finance apps. Polymarket, although unavailable to U.S. citizens, has seen record-high trading volumes with substantial bets on Donald Trump, which contrasts with traditional polls. This surge in election betting reflects a broader trend of financializing everyday activities, with Kalshi’s CEO suggesting that market-driven betting could offer a "new arbiter of truth" on key public questions.

Megan Walsh, a part-time endoscopy nurse, turned her creative side hustle into a thriving Etsy business called MegansMenagerie, where she sells eucalyptus and floral wall decor. Starting in 2009 with crocheted scarves, Walsh’s shop gained popularity when she created chevron scarves, allowing her to earn significant income alongside her studies and career. During the pandemic, Walsh revisited her Etsy shop as a tribute to her late father and soon expanded her product line, bringing in $121,400 in sales last year. With Etsy profits now supporting her family’s expenses and allowing her husband to be a stay-at-home dad, Walsh balances her business and nursing job, adjusting her workload as needed to avoid burnout.

Amber Smith, a 27-year-old former tech worker, left her job to pursue content creation and reselling clothing as full-time side hustles. She emphasizes content creation, particularly making videos for brands, as a top side gig that offers both income and fun opportunities, though it requires time to build. Smith has earned money through brand deals and TikTok's Creator Rewards Program, which pays based on video views, adding up to $3,640 so far this year. She believes anyone can succeed in content creation if they're open to trying new things and learning continuously.

> If you’re preparing for holiday shopping, Black Friday 2024 is set for November 29, following Thanksgiving on November 28. Walmart will kick off its first Black Friday sale online on November 11 and in stores on November 15, while its second sale starts online on November 25 and in stores on November 29. Amazon is expected to offer significant discounts throughout November, with the best deals appearing on Black Friday and Cyber Monday, December 2. Major retailers like Best Buy and Target are also gearing up for their Black Friday sales, with Best Buy launching its deals mid-November and Target revealing its plans soon. Click here for the best deals all year round. 

> Mark Cuban recently shared his insights on managing wealth for two-way NBA players during an appearance on the Club Shay Shay podcast with Shannon Sharpe. He emphasized the importance of living modestly, warning that athletes often struggle with sudden wealth and lack the financial education to manage it effectively. Cuban advised against entrusting friends with financial decisions and suggested focusing on safer investments rather than high-risk ventures, encouraging athletes to build multiple income streams through low-risk investments like dividend stocks and REITs. He concluded that while passion in investing is important, maintaining a balance with practical, low-risk strategies is crucial for long-term financial security.

> As job applications surge, LinkedIn is introducing AI tools designed to streamline the hiring process by encouraging candidates to apply to fewer jobs that better match their qualifications. By analyzing user profiles against job descriptions, these tools aim to improve job matching and provide candidates with insights on their fit for specific roles. This shift could alleviate the frustrations of job seekers, who often find themselves overwhelmed by the sheer volume of applications and automated responses. Ultimately, LinkedIn hopes that leveraging AI will not only enhance the job search experience but also lead to better outcomes for both candidates and recruiters in the evolving job market.