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Andrew Schrage

Co-OwnerMoney Crashers Personal Finance

New York, NY

Member Since August 2012

About

Andrew Schrage is co-owner of the Money Crashers Personal Finance website. He is an economics graduate from Brown University who previously worked at a Chicago-based investment fund. His passion for Money Crashers is rooted in trying to fill the personal finance education void worldwide. His hope is to provide top-notch education, tips, and strategies that Money Crashers readers can utilize on their way to achieving financial fitness. He is originally from Boston, and is an avid ice hockey and tennis player.

Published content

12 Strategies For Hiring Employees Invested In The Long Run

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The modern work landscape is dotted with transient employees hopping from job to job, making the recruitment and onboarding journey a costly affair for employers. With the rise of the gig economy and the allure of diverse experiences, retaining talent has become an uphill task. Yet, within this trend, there are candidates seeking stability and a lasting professional journey—you just have to find them.  Here, 12 Young Entrepreneur Council members explore the strategies businesses can leverage to ensure they're selecting candidates eager to establish long-lasting professional roots.

10 Ways to Keep Costs Down While Hosting Your Next Local Event

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Often, one of the most gratifying parts of being a small-business owner is building a connection to your local community. One of the many ways business owners can do this is by hosting local events. Whether it’s an intimate gathering in your store or a big summer bash, events are key opportunities for strengthening your relationship with your customers — but that doesn’t mean they have to break the bank. To help you determine the best ways to cut costs while still putting on an event to remember, 10 members of Young Entrepreneur Council (YEC) weigh in on the following question:

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Negotiating contracts and terms with clients is a critical aspect of any business engagement. Whether you're a freelancer, a small-business owner, or work for a large corporation, understanding and implementing effective negotiation strategies is crucial for achieving mutually beneficial outcomes. To employ the best practices in contract negotiation—as well as safeguard your interests, foster productive client relationships, and ensure the smooth execution of projects—consider the following advice from members of the Young Entrepreneur Council.

Nine Signs You Need Better Work-Life Balance (And How To Get It)

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While it’s important to find balance throughout the year, the summer months are a great reminder to make more time for fun activities and personal or family time outside of work. A determined focus on one’s career or budding business can be necessary to achieve your goals and grow as a professional, but if left unchecked, it can also leave you feeling unbalanced, tired, stressed and like you’re missing out on precious time with your loved ones. If you think you may be letting your work life get in the way of your personal one, consider these other signs of overwork, as listed by the members of Young Entrepreneur Council. Here, they discuss these red flags as well as what you can do to finally achieve work-life balance.

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Obtaining more than one investor for your business can be a significant help when trying to finance all your endeavors. However, with more investors also comes more opinions, and not all your investors will be on the same page all of the time. This means finding ways to keep your investors happy, even when their opinions differ, is crucial to ensuring your business keeps running smoothly. But what’s the best way to do this? How can you avoid arguments or bad feelings when disputes occur? Below, 10 members of Young Entrepreneur Council share their insights as business leaders and offer their top tips for ensuring your investors are involved, happy and feel their opinions are being heard.

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As the modern workforce evolves, the appeal of hybrid work environments has become increasingly apparent. While fully remote work may not be feasible for every company, adopting a hybrid work solution can be an attractive perk for both potential and current employees. Transitioning from a fully on-site setup to a hybrid environment, however, requires careful planning to ensure a smooth and successful shift. If you're ready to embrace the hybrid work model for your company, read on for 11 expert tips recommended by Young Entrepreneur Council members.

Company details

Money Crashers Personal Finance

Company bio

Money Crashers is a personal finance website designed to help readers make better saving and spending decisions and to fill the personal finance void in our education system. We offer tips and resources for an array of finance-related topics, including effective retirement planning, investing, budgeting for college, and generating more income. The site is centered on what we call our "Eleven Indispensable Principles," such as always spending less than you make, investing for the long-term with a simple strategy, and saving money for the unexpected. Our goal is to build a community in which our readers can learn from the information we put forth, share ideas with each other, and collectively work towards financial fitness. We also actively engage our readers through a variety of social media outlets. All of the content is 100% free and our readers have responded very positively to the value the site has provided them. We also strongly encourage reader feedback, which we use to improve the site and decide what topics are most needed.

Industry

Publishing

Area of focus

Credit Cards
Banking
Consumer

Company size

Myself only

This member is no longer active.

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