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Throwing good money after bad and refusing to cut his losses with risky healthcare bets cost Jack Schuler most of his fortune—and left hundreds of underserved kids in the lurch.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=1cbc813f2f78<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

This Billionaire's Bad Bets Left Hundreds Of Underserved Scholarship Students In Limbo

⏲ 5:10 👁 1.1M

Travis Sickle

How to estimate your personal income taxes

⏲ 4 minutes 48 seconds 👁 60.8K

Professor Ikram

Calculating Federal Income Taxes Using Excel | 2023 Tax Brackets

⏲ 12 minutes 29 seconds 👁 15.7K

A single mum helped a couple have a child through surrogacy - which allowed her to buy her first ever home.<br/><br/>Teale Kelley, 27, was able to buy a house for her and her daughter Ella, 10, after earning £56,721 ($72,000) as a surrogate for a couple. <br/><br/>Teale used a surrogacy agency, which handled everything from the matching process to the intricate legal process.<br/><br/>In December 2023, she gave birth to a baby boy, and two months later, she was able to purchase her £401,300 ($500,000) four-bedroom home.<br/><br/>Teale always knew she wanted to be a surrogate and has always loved helping others.<br/><br/>Teale, a registered nurse in Denver, Colorado, USA, said: \

⏲ 5:9 👁 3.7M

The Organic Chemistry Tutor

How To Calculate Federal Income Taxes - Social Security & Medicare Included

⏲ 25 minutes 5 seconds 👁 151.9K

Kobus Conradie

Working out tax in South Africa on a salary

⏲ 6 minutes 30 seconds 👁 8.2K

A graduate says she’ll “never settle into a full-time job” because she racks up $96k a year from her side hustles - including TikTok, picnic planning, pet-sitting and nannying. <br/><br/>Grace Ryu, 23, quit her full-time job in March 2023 after missing out on a “work-life balance”. <br/><br/>She started trying out freelance work in any industry that took her fancy, like events, content creation and childcare. <br/><br/>Her parents let her live rent-free in their old house since they moved to Korea in October 2023 - allowing Grace to fund her “shopping addiction”, travel and put money into savings. <br/><br/>Grace, a freelancer from Houston, Texas, said: “I want so many different passive streams of income because there’s still so much I want to try - I’ll never go back to a nine-to-five. <br/><br/>“It’s really easy to feel burnt out in a full-time job - I loved working in hospitality and tech sales, but I had no work-life balance.<br/><br/>“I find it much more fun being able to work from wherever I want - but don’t get me wrong, it’s definitely a hustle.”<br/><br/>Grace studied for a major in recreation, park and tourism sciences at Texas A&M University - graduating in December 2021. <br/><br/>She worked a number of jobs while she was studying - including being a ranch hand at a bull farm and working in a restaurant. <br/><br/>Thinking she might settle into a nine-to-five in tourism and hospitality, she picked up more restaurant shifts after uni. <br/><br/>But realising she wanted more downtime - she quit to become a live-in nanny for a family in New York, in summer 2022. <br/><br/>She said: “I decided to become a full-time nanny so I could live in New York for a while. <br/><br/>“But after two months, I decided to come home to Texas - and I still work seasonally as a part-time nanny for that family. <br/><br/>“I wanted to try other things out - and pursue a career related to my major.”<br/><br/>In August 2022, Grace took a job in tech sales - even getting promoted to account manager in January 2023. <br/><br/>She worked there for a total of eight months, deciding to build up streams of income on the side. <br/><br/>“I became a dogwalker, and started creating content,” she said. “I got very ambitious about all these different things, and decided the best time to try them would be while I’m still young. <br/><br/>“Balancing all these different things wasn’t working for me, though - and I was starting to feel burnt out. <br/><br/>“The beauty of working lots of different side hustles is I can do a different job from one day to the next - I love the variety of it.”<br/><br/>In March 2023, Grace started earning income from nine freelance jobs - and she now considers herself a User Generated Content (UGC) creator, influencer, TikTok partner, affiliate marketer, picnic planner, babysitter, dog walker, AirBnB arbiter and digital product seller. <br/><br/>This gives her a total of $96k (£77092.80) per year - and she uses the majority of the money to travel. <br/><br/>She said: “I’m currently living rent-free at my parents’ house - they moved to Korea and left it to me.<br/><br/>\

⏲ 5:8 👁 155K

Jason de Nys

Australian Income Tax

⏲ 5 minutes 16 seconds 👁 16.7K

Λsk Λbout Ideas

How do you calculate federal income tax withheld from paycheck?

⏲ 1 minute 20 seconds 👁 9.7K

Financial goals set at the start of the year have already fallen by the wayside – as motivation to see it through wanes.<br/><br/>A poll, of 2,000 adults, found of the 56 per cent who set themselves money-related goals for the year, 67 per cent have given up after four months. <br/><br/>But 21 per cent were determined to get their money in a better shape at the start of the year – alongside becoming fitter, spending more time with family and friends, and travelling more.<br/><br/>However, 43 per cent expect their resolutions not to go to plan this year – with 16 per cent putting it down to setting unrealistic goals, and 10 per cent blaming laziness. <br/><br/>Lack of motivation, and too many distractions, are other reasons for the failure of meeting self-imposed targets.<br/><br/>The research was commissioned by NatWest, which has teamed up with athletes including Sir Chris Hoy, Max Whitlock and Beth Shriever to record a motivational ‘team talk for the nation’ [https://www.natwest.com/teamgb.html].<br/><br/>Sir Chris Hoy said: “As a professional athlete, I know first-hand the significant role motivation plays in achieving your goals. <br/><br/>\

Financial goals set at the start of the year have already fallen by the wayside

⏲ 1:32 👁 170K

ClearValue Tax

Tax Brackets Explained For Beginners in The USA

⏲ 4 minutes 29 seconds 👁 136.6K

Azul

Vanguard’s Retirement Calculator Is AWESOME!

⏲ 13 minutes 49 seconds 👁 45.7K

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