How to Save Money and Get Financially Confident

For a good deal of my life, I lived under a dark cloud of fear that I would end up financially destitute—a bag lady. Studies reveal that I’m not the only one. Most of us have felt that way, not because we’re broke but because we lack confidence. That makes us timid, worried, and financially insecure.

Look, we don’t have to accept financial insecurity as some kind of life sentence. And that constant and gnawing fear of becoming destitute? Forget it! We can do something about this.

Become a SaverSaving money is like magic because it changes your attitude and calms your fears. I saved my way out of a six-figure pile of debt (https://www.everydaycheapskate.com/about-mary). 

Knowing I had cash tucked away in a safe place quieted my insatiable desires. That is where I found my determination to stick with repaying the debt. I taught myself how to save, beginning with a single $5 bill.

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Elon Musk wants to get back to business

Chandan Khanna, Chip Somodevilla/Getty Images


Less than a week after pledging to scale back his government duties to become “super focused” on running his companies, Elon Musk took a respite from posting quote tweets with exclamation points to oversee the launch of SpaceX’s Starship rocket last night.

The ninth flight of the 400-foot rocket got farther than the prior two tests, but ended in fiery failure for the third straight time.

Why it matters: The test flight was a pivotal step toward achieving Musk’s goal of sending a Starship rocket to Mars next year—and landing humans on the Red Planet as early as 2029.
Mr. Musk Leaves Washington

Musk’s Department of Government Efficiency (DOGE) may not have met its goal of finding $2 trillion in federal budget savings, but it did succeed in damaging the reputation of at least one of his companies. Now, he is exchanging a MAGA hat for a CEO cap at a time when the billionaire’s brands need him most:

• Tesla: The EV-maker endured months of boycotts in response to DOGE laying off thousands of federal workers, contributing to a profit drop of 71% in Q1. Yesterday, the European Automobile Manufacturers’ Association reported Tesla’s sales in Europe plummeted by 49% in April.
• X: The social media platform dealt with outages that left tens of thousands of users without access on Saturday. X traffic was down ~8% from the 2024 presidential election through March.
• Neuralink: It’s actually good news—Semafor reported yesterday that the brain chip company raised $600 million at a $9 billion valuation.

Big picture: While Musk has taken a hit in the short term, the value of his companies has surged over the past four years, and he remains the richest man in the world.—DL

SOURCE:  Morning Brew

At A Glance

Newly discovered far-flung world may be additional dwarf planet.

German wins Gloucestershire's Cheese Rolling contest.

News anchor continues show in early labor. (w/video)

"Blue Danube" waltz to be beamed into space.

Dutch social movement creates screen-free public spaces.

See London's new installation of a rippling townhouse.

Blobfish wins New Zealand fish of the year contest.

Photo series explores if birds left tracks in the sky.

Clickbait: Five of the animal kingdom's worst dads.

12 HIGH PROTEIN FOODS for WEIGHT LOSS | (NO chicken breast or protein po...

Quick Clips

 

In The NEWS

Sports, Entertainment, & Culture
> "It Was Just an Accident" by Iranian dissident filmmaker Jafar Panahi wins Palme d'Or, top prize at the 2025 Cannes Film Festival; see full list of winners (More)

> Phil Robertson, star of "Duck Dynasty," dies at age 79 following Alzheimer's diagnosis (More)

> Alex Palou becomes first Spaniard to win Indianapolis 500 (More) | Team USA wins men's hockey world championship for first time since 1933 (More)


Science & Technology
> SpaceX to attempt ninth launch of its massive Starship, with window opening at 7:30 pm ET tonight; previous two launches ended in failure (More) | Everything you need to know about SpaceX (More)

> Aerosols from penguin excrement may help trigger cloud formation, reducing solar heating and helping stabilize local areas of the Antarctic climate, study finds (More)

> New theory suggests an ancient asteroid impact on the moon temporarily created a weak magnetic field; study answers longstanding question of why some lunar rocks are highly magnetic (More)


Business & Markets
> US stock markets close lower Friday (S&P 500 -0.7%, Dow -0.6%, Nasdaq -1.0%), with Apple stock falling 3% on comments by President Donald Trump that iPhones must be made in the US or face additional tariffs (More)

> White House delays deadline for 50% tariff on European Union goods until July 9 as trade negotiations continue (More)

> Volvo Cars cuts 3,000 jobs—15% of its office-based workforce—as part of $1.9B cost-cutting drive (More)


Politics & World Affairs
> Suspect arrested after minivan strikes pedestrians at Liverpool FC victory parade, injuring dozens of people; an investigation into the incident is ongoing, with police ruling out terrorism as a motive (More)

> Former Rep. Charles Rangel (D, NY-13), first Black chairman of the House Ways and Means Committee, dies at age 94 (More)

> Hawaii's Kilauea volcano erupts, sending lava up more than 1,000 feet; residential areas not impacted as of this writing (More)

SORCE:  1440 NEWS

Time

I remember very clearly that TIME moved very slowly when I was a child, a teenager in high school, and a young adult in college and in the military.  I was not aware that time moved a little faster the older I got to be middle aged.  

Even then, after becoming aware, I still did not think too much about it.  Not sure what I actually felt other than time seemed to move quicker for both good as well as not so good events.  It was not until I retired, at the age of 67 that I realized TIME seemed to be moving faster than I was aging although I knew that thought was incorrect.

Today, I have been retired for ten years, and it seems that I only retired a couple of years ago.  Two years ago, we downsized to a smaller house and yard, and it seems like we have been living here forever, although, I know that too is impossible.   TIME is so elusive that it seems to pass by as if it did not exist at all.

As I write this article, I feel like I have just eaten breakfast but when I look at the clock and outside, I realize that was twelve hours ago...  My whole day went by, and I am trying to recall what exactly did I do today and what exactly did I accomplish, if anything.

It seems rather foolish to talk about the passing of time since there is nothing, we can do to slow it down and I doubt any of us have the desire to speed it up, however, I would like to know what is on the other side of life, once and for all...  but I don't want to speed life up to find out.

What is interesting about all of this is that my days are not spent wasted.  I am busy doing something all throughout the day.  Maybe being busy helps with not seeing how fast time flies by...  I don't know either way...  I'm just glad that I am busy.

Morning Brew

Good morning. Telling everyone in your inbox you’d “circle back” after the long weekend did seem like the right move at the time…

If there’s a bright spot, it’s that this week is a short one. And in case you need a reminder, it’s already Tuesday.

—Neal Freyman, Abby Rubenstein

What are Jony Ive and Sam Altman cheffing up?



OpenAI


Last week, Sam Altman stunned the tech world by teaming up with the lead designer of the iPhone to create a new device that could ultimately supplant the iPhone.

His company, OpenAI, shelled out $6.5 billion in equity to acquire io, the one-year-old design firm led by famed former Apple designer Jony Ive. It’s an ultra-expensive bet that interacting with AI is best suited for a new kind of form factor beyond the brick in your pocket.

The return of Ive, who left Apple in 2019, to designing consumer devices has sparked a rumor mill on par with NBA free agency, with experts and amateurs alike floating possible hardware schematics.
So, what could they be building?

At a meeting last week, Altman and Ive told OpenAI staff to expect an AI “companion” that could sit unobtrusively in your pocket or on your desk and be completely aware of what’s going on in your life, the Wall Street Journal reported.What it’s not: Glasses (which have been hyped by Mark Zuckerberg) or a phone (Ive and Altman say they want people to be on screens less often).
Also what it’s not: an iPhone replacement. Altman and Ive are imagining a third device that complements your smartphone and laptop.
The timeline: Altman said he wants to ship the device by late next year.
The sales target: 100 million devices. Altman wants to ship them out “faster than any company has ever shipped 100 million of something new before,” per the WSJ.

Others have speculated on the device, too, floating ideas that range from plausible to downright goofy.The insider tech analyst Ming-Chi Kuo said his “industry research” suggests that the device will have the compactness and elegance of the iPod Shuffle, will feature microphones and cameras but no display, and could be worn around your neck.
Some people on X have become infatuated with a circular, hockey-puck-looking device for your desk.
Or maybe it’ll be a highly intelligent nail clipper or vape.

Big picture: Whatever Ive and Altman cook up, it’ll have to succeed where others failed. The AI hardware game has seen plenty of high-profile flops over the past few years, such as the Altman-backed Humane pin and the Rabbit R1. We’ll see whether Ive still has his fastball.—NF



Tour de headlines



Artur Widak/NurPhoto via Getty Images


Trump pauses 50% tariffs on the EU. Two days after threatening a 50% tariff on the EU come June 1, President Trump said he’d delay the implementation to July 9 after a phone call with European Commission President Ursula von der Leyen. On Friday, Trump sent markets tumbling with his unexpected threat to the EU, saying that trade talks were “going nowhere,” and running down grievances with the bloc’s trade practices. But after the call with von der Leyen, Trump explained, “She said we will rapidly get together and see if we can work something out.”

Chinese EV stocks tumble over “rat race” price cuts. BYD, China’s leading EV maker, fell as much as 8.3% yesterday and dragged down other automakers with it as investors sounded the alarm about an extended price war. To spur more demand, BYD last week announced discounts on 22 of its models for the Chinese market and slashed prices by up to 34%, which is expected to force smaller rivals to also cut prices to match. Chinese officials do not like the direction this is heading, with the top economic planning agency calling the price cuts a “rat race” that would hurt the entire sector.

Trump threatens to send $3 billion of Harvard’s grant money to trade schools. In the latest twist in the president’s feud with the Ivy League university over claims that the school has inadequately addressed campus antisemitism, President Trump wrote on Truth Social yesterday that he was “considering” redistributing $3 billion in grant money from Harvard to trade schools across the country. “What a great investment that would be for the USA, and so badly needed!!!” Trump’s post said. Harvard, which declined to comment on the post to news outlets, has sued the Trump administration over billions in grant money that has already been frozen, as well as a move to block it from enrolling foreign students.

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Somewhat Political

 

World First: US Baby Treated With Personalized CRISPR Gene-Editing

A US infant with a rare condition has become history's first patient to be treated with a personalized gene-editing technique that raises hopes for other people with obscure illnesses, doctors said Thursday.

The wee pioneer is KJ Muldoon, now a 9-and-a-half-month-old boy with chubby cheeks and big blue eyes.

Shortly after birth, he was diagnosed with a rare and serious condition called CPS1 deficiency.

It is caused by a mutation in a gene that produces an enzyme key to liver function, and prevents people with it from eliminating certain kinds of toxic waste produced by their metabolism.

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Sgt. Pepper's Lonely Hearts Club Band/With A Little Help From My Friends...

Good Morning

Grand Canyon, AZ

Good Evening

 

Oahu, Hawaii

Sailing

 

Sharing

 

TimcastIRL

 

Thrivetime

 

Forest Pond

 

Mountain Path

 

NewsVariable

 

Alex Jones

 

Having

 

Solitude

 

Sarah Westall

 

Russell Brand

 

Happiness

 

Grilled Lobster

 

Strength

 

The Big THINK

 

Daniel Dennett’s 4 rules for a good debate

Brookings Brief

 

What is reconciliation in Congress?