![]() ![]() So what does it mean to build wealth today? While some traditional money moves will stand the test of time, we've identified new and better ways to approach our finances, address our values and pursue economic well-being.įor Torres-Rodriguez, her attempt to redefine wealth led her to the FIRE movement - an acronym for "Financial Independence, Retire Early." Conceived in the 1990s, the concept's adherents proudly tread outside the confines of conventional fiscal wisdom - cultivating additional revenue streams, investing aggressively and thinking strategically about where and how to live. It's clear that our financial lives are at a critical juncture, and it's time to rethink the status quo. As we work toward figuring out how to use our money more consciously and conscientiously, we'll provide the tools to make smart and meaningful choices in today's landscape. Our series will look at how billionaire CEOs Elon Musk and Jeff Bezos are redefining the meaning of wealth and success, in addition to how our economic lives intersect issues of climate change and systemic inequality. We'll get tactical as well, showing you how a side hustle can help you get an edge on inflation, and how picking the right credit card can combat rising interest rates. ![]() We've gone behind the scenes, talking to real estate agents and experts, to gather real-time advice for buyers. Other stories in this series address other ways of building wealth, including home ownership - a daunting enterprise given skyrocketing prices, supply shortages and bidding wars. Later, we'll take a look at investing more broadly, providing new tips and tricks to help you achieve your financial goals. With more than 30 million Americans expected to own cryptocurrency by the end of this year, we define what it is, help you decide whether it makes sense for your portfolio and suggest ways to buy in safely. Our kickoff story takes a sober look at how to invest wisely in cryptocurrency without falling prey to the hype. ![]() This is why CNET is bringing you Power Money Moves - a series that explores how current events and financial trends are both challenging and changing the ways we earn, save and spend. ![]()
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