Latest news with #TimBoyle
Forbes
17-07-2025
- Business
- Forbes
Turning Hobbies Into Retirement Income: Pros And Cons For Retirees
Your hobbies may make you extra cash in retirement, but is it worth it? (Photo by Tim Boyle) Retirement is often seen as a time to relax and enjoy the fruits of one's labor. However, for many retirees, it's also an opportunity to explore passions and even generate additional income. Monetizing hobbies can provide both financial benefits and personal fulfillment, but it's essential to weigh the advantages and potential drawbacks before diving in. The Upside: Benefits of Monetizing Hobbies With rising living costs and longer life expectancies, some retirees find that their savings need a boost. Turning a hobby into a side hustle can provide that extra financial cushion. Whether it's selling handmade crafts, offering tutoring services, or freelance writing, these activities can help cover unexpected expenses or fund leisure activities. Engaging in meaningful activities post-retirement can enhance mental well-being. Monetizing a hobby not only keeps the mind active but also instills a sense of purpose. For instance, a retiree who loves gardening might start a small business selling homegrown produce, combining passion with productivity. Unlike traditional jobs, monetized hobbies often allow retirees to set their own schedules. This flexibility ensures that they can work at their own pace, maintaining a balance between leisure and work. Participating in markets, workshops, or online platforms can introduce retirees to like-minded individuals. These interactions can lead to new friendships and collaborations, enriching the retirement experience. The Downside: Potential Challenges While some hobbies can generate income, it's often unpredictable. For example, selling crafts might yield profits during holiday season but slow down at other times. Relying solely on hobby income can be risky without other financial backups. Starting a hobby-based business might require upfront costs, materials, equipment, or marketing. Without careful budgeting, expenses can outweigh profits. For instance, investing heavily in photography gear without a clear plan to monetize can strain finances. Earning income from hobbies can introduce complexities like business licenses, permits, or tax obligations. It's crucial to understand local regulations and consult with financial advisors to ensure compliance. Turning a beloved hobby into a business can sometimes diminish the joy it once brought. Deadlines, customer expectations, or the pressure to profit can make the activity feel more like work than leisure. Real-Life Examples Tips for Success Monetizing hobbies in retirement can be a rewarding endeavor, offering both financial benefits and personal satisfaction. However, it's essential to approach it thoughtfully, ensuring that the pursuit enhances, rather than detracts from, the retirement experience.
Yahoo
09-06-2025
- Business
- Yahoo
Columbia Sportswear CEO Tim Boyle: ‘Lack of clarity' surrounding tariffs
PORTLAND, Ore. (KOIN) — One of Oregon's few billionaires is speaking out about how the Trump administration's tariffs are impacting his business. Columbia Sportswear CEO Tim Boyle says his company's products contain 'many, many costs,' including fabric and the cost of getting the products to the U.S. 'We're used to paying tariffs,' Boyle said, noting that in 2024, his company was ranked as the 81st largest duty-paying company in the U.S., adding 'We're not the 81st largest company. 'Our category of merchandise, which is footwear and apparel, is among the most heavily tariffed under the code,' Boyle continued. 'But with the current administration's lack of clarity on the final tariffs will be on our products, we just don't know what we'll be paying for the product.' Boyle also spoke about Portland's ongoing recovery efforts, his mother Gert Boyle's legacy and more. Watch the full interview in the video above. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign in to access your portfolio
Fox News
29-05-2025
- Business
- Fox News
Will Levis says losing Titans' starting job to Cam Ward 'sucks,' but he's staying positive
Two years ago, Will Levis found himself falling in the NFL Draft after once being rumored to be a possible No. 2 overall pick. Instead, he was selected in the second round, prompting awkward moments in the draft green room. Today, Levis finds himself out of a starter's job after his Tennessee Titans selected Cam Ward with the first overall pick. It is a less than ideal situation for the third-year quarterback who once thought he would be the future of the franchise. "Anyone who's ever been in my situation would agree that it sucks," Levis said Wednesday, via Main Street Nashville. But the chin stays up, and the mentality stays the same. "I'm just trying to do the best I can to not let it affect me and just being the same dude every day in the building and being there for the guys however I can and just trying to get better every day," Levis said. Despite a new role, Levis plans on treating every day like he has in the last few years. "I haven't been a backup in a while, but I don't plan on shifting my mindset, regardless of what the situation is," he said. "I'm just going to be ready to play quarterback whenever my name is called." Levis showed promise early on, throwing four touchdowns in his NFL debut. But, overall, it's been less than stellar. In 21 games, he has a 5-16 record and has thrown for 3,899 yards and 21 touchdowns against 16 interceptions. He's completed just 61% of his passes. Levis figures to be the favorite to win the backup job against Tim Boyle and Brandon Allen. Follow Fox News Digital's sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.
Washington Post
21-05-2025
- Sport
- Washington Post
Signed, sealed and ready: No. 1 pick Cam Ward signs rookie deal with the Titans
NASHVILLE, Tenn. — The Tennessee Titans have known they wanted Cam Ward with the No. 1 overall draft pick for a long time, and now they have their rookie quarterback signed to his first NFL contract. The Titans announced Wednesday that Ward has signed his deal but did not share financial details. Ward's deal is worth reportedly $48.7 million over four years. That leaves only two of Tennessee's nine draft picks still unsigned ahead of the third phase of offseason, which starts Monday. The 6-foot-2, 219-pound Ward played 57 games over five seasons starting at Incarnate Word in 2020, Washington State in 2022 and then his final year in college last season at Miami. He finished with career 18,184 yards passing and set a Division I record with 158 touchdown passes. Ward was an All-American and Heisman finalist after throwing for 4,313 yards and 39 touchdowns and leading the Hurricanes to their first 10-win season since 2017. The Titans have made clear Ward will have to win the starting job over Will Levis, the 33rd overall pick in 2023. They also have veteran backup quarterbacks Brandon Allen and Tim Boyle. ___ AP NFL:
Associated Press
21-05-2025
- Sport
- Associated Press
Signed, sealed and ready: No. 1 pick Cam Ward signs rookie deal with the Titans
NASHVILLE, Tenn. (AP) — The Tennessee Titans have known they wanted Cam Ward with the No. 1 overall draft pick for a long time, and now they have their rookie quarterback signed to his first NFL contract. The Titans announced Wednesday that Ward has signed his deal but did not share financial details. Ward's deal is worth reportedly $48.7 million over four years. That leaves only two of Tennessee's nine draft picks still unsigned ahead of the third phase of offseason, which starts Monday. The 6-foot-2, 219-pound Ward played 57 games over five seasons starting at Incarnate Word in 2020, Washington State in 2022 and then his final year in college last season at Miami. He finished with career 18,184 yards passing and set a Division I record with 158 touchdown passes. Ward was an All-American and Heisman finalist after throwing for 4,313 yards and 39 touchdowns and leading the Hurricanes to their first 10-win season since 2017. The Titans have made clear Ward will have to win the starting job over Will Levis, the 33rd overall pick in 2023. They also have veteran backup quarterbacks Brandon Allen and Tim Boyle. ___ AP NFL:
