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NASCAR Hall of Fame racer Jimmie Johnson built a career on split-second decision-making at 200 miles per hour. But one habit he credits most for his success has nothing to do with speed or winning the most trophies—it’s showing up early.
“Being 10 minutes early for a meeting is on time,” Johnson recently told Fortune in an interview. “I can’t tell you how many times that left an impression, and I stood out of a crowd for whatever it was, even just sponsor visits or actually showing up for a real interview.”
It’s the kind of advice Johnson now offers Gen Z workers trying to get ahead: focus on the small things. Since retiring from full-time racing in 2020, Johnson has moved into team ownership and other business ventures, building an estimated net worth of over $150 million. Along the way, he’s learned that showing up—and showing up polished—oftentimes matters more than raw talent.
Johnson learned that lesson about appearances when he was trying to join a golf club. The head of the new-member committee was the father of a close friend, and he had some immediate feedback.
“’Son, you’re dressed so well, but damn, you need to shine those shoes,’” Johnson recalled him saying. “‘That looks terrible. Always shine your shoes. People notice.’”
He took the advice to heart—and still shines his shoes today. And while the habit of dressing for the job you want, not that you have, may sound minor or even cliche, Johnson said it can help someone stand out in a crowded field.
“The small things matter and help you cut from the fray in the very congested space,” he said.
The mindset helped carry him to a Hall of Fame career: 83 Cup Series wins, including the Daytona 500, and a share of the NASCAR record for most championships: seven, tied with Richard Petty and Dale Earnhardt. In 2009, he became the first racer ever named Associated Press Male Athlete of the Year.
Johnson grew up in a trailer park in El Cajon, California—a small town northeast of San Diego—with his father working in construction and his mother driving a school bus. The oldest of three children, he started riding dirt bikes at 5 and was collecting trophies before he reached double digits.
“My parents sacrificed themselves for me and my brothers to experience the joy of racing,” Johnson said. “We didn’t have the nicest house, the nicest cars… but we had new motorcycles and traveled the country, taking dirt bikes all the time.”
That hobby eventually became a career. He skipped college after graduating from high school and went straight into professional racing—beginning with motorcycles before moving into off-road cars and, eventually, NASCAR.
Johnson said his parents never pressured him to pursue racing; instead, they kept a simple rule: “If we’re not having fun first, we’re not doing this.”
Bob Rosato/Sports Illustrated via Getty Images
By age 30, Johnson had won his first NASCAR Cup Series championship, in 2006, driving the No. 48 Lowe’s Chevrolet. He would win six more championships over the next decade, cementing himself as one of the most successful drivers in NASCAR history.
His career wasn’t defined by wins alone. Johnson endured crashes, blown tires and other setbacks, but said those failures were just as important to his development as the victories.
“All the failures and mishaps and all of that shaped me,” he said. “I’m really one shaped by failure. Lessons are easiest learned that way through my experience.”
After hundreds of thousands of miles behind the wheel, Johnson eventually decided the demands of racing were taking their toll. In 2019, he announced he would retire from full-time racing at the end of the following season and recalled that his “fun meter was stuck on life support.”
The pandemic made for an unusual final season, with races held without fans. But stepping away gave Johnson a new perspective on what he had sacrificed for his career. He and his family later spent the two years living in London, giving him more time away from the racetrack—and more time to reflect on what he had missed.
He admitted he wished he was more available emotionally and physically, noting that he missed weddings and even funerals because of his commitment to racing.
“I’m out of the seat, and yeah, my schedule’s busy, but there was a layer of constant pressure that I couldn’t recognize as an elite athlete—and the selfishness required for that—and I say all this with full buy-in from my wife and support like you wouldn’t believe.”
In 2023, Johnson became the majority owner of Legacy Motor Club, a NASCAR Cup Series team, adding another demanding job to his plate.
Now, as he’s taken on more of an executive role expanding the group—and is even planning for one last NASCAR race at the 2027 Daytona 500—he says the push for work-life balance is back on.
“I’m failing at it right now,” he said.
“There are these moments that pop up … where I’m like, man, I’m way out of balance here,” Johnson added. “I’ve got to put some intent into this. So I think it’s a journey.”
The best way to sum up mortgage rates right now is any “good news” is simply stopping the bleeding.
You’re not seeing sizable drops when positive stuff happens. And we’ve had a few decent things happen lately.
All you’re really seeing is rates managing not to get much worse than they already are.
And perhaps narrowly avoiding a return to 7%, which would really be bad for housing market sentiment.
So is there any hope in sight? Or just more of the same?
Similar to the Fed not hiking rates and standing pat, mortgage rates winning right now is simply not going up.
If we can “hold the line,” it might be considered a victory.
Why? Because mortgage rates are just below their 52-week highs and in danger and reaching 7% again.
That’s the last thing you’d want for the housing market, which is already registering another poor year with home sales hovering near 30-year lows.
While the 30-year fixed is currently averaging roughly 6.75%, and 25 basis points (0.25%) isn’t a huge increase in payment for most, it’s psychological.
It’d be a big blow if the national headlines start saying mortgage rates climb back to 7%. The doom and gloom that would follow would be terrible for sentiment.
And by some accounts, sentiment is already pretty poor as it is.
So ultimately, mortgage rates simply not going up, but also not falling, is “good enough” for the moment.
If you look at recent developments, which would normally give mortgage rates a nice push lower, they’re not having the expected effect.
We had a soft labor report for July, followed by two cool inflation reports in the CPI and PPI report.
And it’s a good thing we did. Because even with those, mortgage rates only managed to come down maybe an eighth (.125%) of a percent.
In other words, instead of a 6.875% 30-year fixed, you might get quoted 6.75% instead.
That’s not a big difference, but to my main point, it kept us from going even higher.
We even got news that the Treasury was going to buy long bonds, which led to a very brief rally for the 10-year bond, which moves in lockstep with 30-year mortgage rates.
But that move lower in yields was met with a rise in yields today that more or less wiped it all out.
Since we’re seemingly on the precipice of climbing back into the 7s, there’s a lot at stake.
That’s probably the number one goal for mortgage rates right now. Stay below 7%!
Speaking of 7% mortgage rates, the last time we had a 7-handle for the 30-year fixed mortgage was in May of 2025.
That’s a pretty long time, and it appeared for a while that the worst was behind us.
Especially since rates kept marching lower and hit sub-6% levels at the end of February and early March.
Since then, it’s been a different story. The Iranian conflict led to surging oil prices, renewed inflation concerns, and much higher bond yields.
That resulted in significantly higher mortgage rates as well, which are now up nearly a full percentage point.
The goal, as stated, is to avoid them going up an entire percentage point and reaching the 7s again.
For me, and probably a lot of prospective home buyers, loan officers, and mortgage brokers, that would be considered a “win.”
We can talk about getting back below 6.50% and perhaps back into the 5s later.
But right now we simply need to avoid getting any worse.
Read on: Compare monthly payments fast with my mortgage rate calculator.
Thrifty Traveler is celebrating National Cheap Flight Day with one of its better sales of the year. From August 18 through August 20, new members can save 30% on their first year of Thrifty Traveler Premium or Premium+.
With the discount, Thrifty Traveler Premium costs $90.99 for the first year, down from $129.99, while Premium+ costs $132.99, down from $189.99.
Here’s what you can get during the three-day promotion:
Thrifty Traveler Premium sends members flight deal alerts for both cash fares and points and miles redemptions. Premium+ includes all of those alerts while also adding hotel award deals.
The service can be especially useful if you don’t want to spend hours repeatedly searching airline websites for award availability and cheap fares. Thrifty Traveler’s team tracks deals and sends alerts when good opportunities appear, along with instructions for booking them.
Recent examples highlighted by Thrifty Traveler include Delta award flights to Hong Kong and Taipei for under 65,000 SkyMiles round-trip, as well as cash fares to Barcelona, Madrid and Paris for under $584 round-trip.
If you’ve been considering Thrifty Traveler Premium, this is a good time to sign up. The 30% discount brings Premium down to $90.99 and Premium+ to $132.99 for the first year, and just one good flight or award alert could easily make up for the cost of the subscription. The sale only runs through August 20.
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Key Points
Borrowers chasing Public Service Loan Forgiveness have spent the past two weeks watching their qualifying payment counts move in the wrong direction. Some lost six months. Some lost more.
The fear running through borrower forums is that the Trump administration is quietly unwinding PSLF, or reversing the one-time income-driven repayment account adjustment that brought millions of borrowers years closer to forgiveness. Based on the accounts we’ve reviewed and what the Department has confirmed on the record, that is not what’s happening.
What is happening is narrower, more technical, and because the Department has explained almost none of it publicly, considerably more damaging to borrower trust than it needed to be. A banner on StudentAid.gov has told borrowers only that their counts are wrong and that a fix is coming. And here’s what were seeing analyzing dozens of reports and borrower accounts.
The smaller of the two issues is a posting lag. Payments made in July and August are not showing up in PSLF counts on StudentAid.gov for a large number of borrowers, a likely side effect of the system overhaul that took effect July 1 to implement new loan limits and repayment plans.
This one is a data problem, not a policy decision. We’ve heard unconfirmed reports that payment counter should update within 60 to 90 days, and payments made during that window still count. However, it’s simply another reminder about why you need to keep your own proof of payment and employment throughout the process.
The frustrating part is the waiting, particularly for anyone sitting at 118 or 119 payments who can’t tell whether they’ve finished. Those borrowers are also the ones most likely to be weighing a PSLF buyback request, which is hard to evaluate when the underlying count is unreliable.
The bigger issue is that the Education Department is rescinding qualifying months from borrowers’ trackers. The Department of Education said it noticed the vast majority of affected borrowers, but many have reported simply watched their totals shrink with no communication at all. Sadly, the communication pattern is familiar to anyone who followed the MOHELA false delinquency notices earlier this year.
Call center staff initially described the drops as a data error headed for correction, which many borrowers reasonably read as a promise that the lost months were coming back. Forbes reported on the resulting panic in early August, as borrowers compared notes on Reddit and found no consistent explanation. It fit a long pattern of student loan servicer errors that borrowers are left to untangle themselves.
Then, the Department of Education, in statements to POLITICO and Forbes, said the agency had found “PSLF counter code errors” traceable to changes made in May 2024. The College Investor asked the Department to confirm the specifics. The full statement we received reads:
While revamping the federal student aid systems for the July 1 changes, FSA identified multiple PSLF counter code errors stemming from changes implemented in May 2024 under the Biden Administration. These errors resulted in inaccurate payment counts for some borrowers. Like other missteps caused by the previous Administration, FSA has resolved the issue and already notified the vast majority of affected borrowers of updates to their payment counts. The Department remains committed to ensuring that every qualifying payment is properly credited to a borrower’s account.
The statement confirms the PSLF count changes were intentional and pins them to May 2024, and it says the work is done. It does not say what was corrected, and borrowers still watching their counts move can reasonably read “resolved”. But that doesn’t necessarily bring confidence back.
The Department has not said which months it removed or why. Our review of borrower accounts and records suggests the reversals cluster around two categories: incorrectly counting forbearance time, and borrowers enrolled in a non-qualifying repayment plan.
The first category: forbearance periods other than processing forbearance. A 60 day processing forbearance while a servicer processes an IDR application counts toward PSLF, while a general or hardship forbearance never have, outside the temporary waivers that closed in 2022 and 2024. Our breakdown of which payments and periods count toward PSLF lays out the full eligibility set.
The second category involves borrowers in the Extended Repayment Plan or the Graduated Repayment Plan from late 2024 forward. That plan has never been a qualifying repayment plan for PSLF, yet payments made under it appear to have been credited anyway.
While it’s frustrating for borrowers relying on the PSLF payment tracker for eligibility, these months were never eligible to be credited, and now they’re being taken back. And that’s cold comfort to a borrower who picked a repayment plan based on a number they believed to be accurate.
Not every reduction fits the patterns above and there may be genuine errors still. If your story doesn’t match these patterns, check your records and file a PSLF Reconsideration Request for missing eligible months.
These changes have sparked concerns that the Department of Education is rolling back public service loan forgiveness. From what we’ve seen, this really isn’t the case.
Borrowers should note that PSLF is written into statute. The Secretary of Education cannot repeal it by memo, and forgiveness already granted and discharged is, for practical purposes, final. We walked through in detail in our analysis of whether a president can claw back student loan forgiveness.
Adjusting a payment counter is different. No debt is being un-forgiven, just a tracker is being changed. That’s legal for the Department to do and they should be doing it, especially if there were incorrect payment counts.
The frustrating part for borrowers is that they rely on this data to be accurate. This is just another issue in the 10-plus-year string of errors and changes that PSLF borrowers have dealt with.
We put five questions to the Department: which categories of months were pulled, how many borrowers were affected and by how many months, whether any counts were reduced in error and if those months will be restored automatically, the current processing time for a reconsideration request, and when July and August payments will post. None were answered.
Beyond that statement, the Department has released nothing publicly describing what it corrected or whether borrowers who lost legitimate months get them back. Advocacy groups including the Student Debt Crisis Center have called for a payment pause until the errors are sorted out, echoing the long waits already dogging PSLF buyback requests.
That lack of transparent communication turned a technical correction into a panic. Had the Department published a plain-language notice naming the forbearance types and repayment plans involved, most borrowers could have checked their own history in an afternoon.
Editor: Colin Graves
The post PSLF Payment Counts Drop as Education Department Corrects IDR Adjustment Errors appeared first on The College Investor.
Opinions expressed by Entrepreneur contributors are their own.
Key Takeaways
Something has changed with AI in the past few weeks. The best AI tools are no longer just giving solopreneurs better answers. They’re starting to do the work — researching customers, building specialist AI workers, creating functioning apps from plain English, operating inside browsers, handling routine email conversations and connecting workflows that previously needed you sitting in the middle.
A few weeks ago, many of these jobs still required constant prompting, copying, pasting and supervision. That gap is starting to disappear.
In the video above, I break down seven of these tools and show what this new generation of AI can actually do inside a one-person business. But here’s the counterintuitive part: you don’t need all seven.
The real opportunity is figuring out which parts of your business AI can now run — and which parts still require you. I wrote about an early version of this shift in my book, The Wolf Is at the Door. At the time, intelligent agents were still an emerging frontier. I described how one request could eventually trigger an AI to complete multiple tasks from beginning to end, before reaching a conclusion that feels considerably more relevant today: “the bottleneck is not technology, but humans.” Three years later, we’re starting to see what that actually looks like.
The 2026 Intuit QuickBooks AI Impact Report found that 77% of U.S. small and midsize businesses now use AI regularly, while 43% say it has increased their revenue. But using AI isn’t the same as creating leverage with it.
Every new tool can become another subscription, dashboard and job for you to manage. The bigger shift happens when AI starts removing work from your business rather than adding another layer to it. One AI researches. Another builds. Another communicates. Another automates. Another keeps the process moving. And suddenly the question changes from:
“Which AI tools should I be using?” to: “What am I still doing that AI should already own?”
All seven tools, the workflows they can now handle and the ChatGPT trick I’m using to save Lovable credits are demonstrated in the video above. Your inbox. Research. Follow-up. Content. Reporting. Admin. Even the app you’ve wanted to build but never had the team to create.
Once you start seeing those as jobs AI can take off your plate, the interesting question isn’t which tool you need next. It’s what you could build if you weren’t the one doing all of it.
The free AI Success Kit, available to download for a limited time, comes with a free chapter from my new book, The Wolf is at The Door – How to Survive and Thrive in an AI-Driven World.
Key Takeaways
Something has changed with AI in the past few weeks. The best AI tools are no longer just giving solopreneurs better answers. They’re starting to do the work — researching customers, building specialist AI workers, creating functioning apps from plain English, operating inside browsers, handling routine email conversations and connecting workflows that previously needed you sitting in the middle.
A few weeks ago, many of these jobs still required constant prompting, copying, pasting and supervision. That gap is starting to disappear.
After a stint on the high-yield desk at Goldman Sachs, David Tepper launched the hedge fund Appaloosa Management in the early 1990s. Over the last couple of decades, Tepper has generated an average annual return in the mid to high 20% range — highlighted by an outsize performance in 2009 after he bought distressed bank securities near their lows during the financial crisis.
Combined with his ownership of the Carolina Panthers football team, Tepper’s fortune has made him an investment personality whose moves are dissected for clues about the market’s direction. During the second quarter, Appaloosa’s 13F filing with the Securities and Exchange Commission showed that the firm fully exited its position in Lyft (LYFT +0.40%) while simultaneously adding more than 1.3 million shares of its ride-hailing rival, Uber Technologies (UBER +0.32%). Uber is now one of Appaloosa’s five largest positions, representing about 7% of the portfolio.
Investors watching Tepper closely see this transaction as more than a simple rotation. Rather, it reflects a calculated judgment about relative competitive strength and long-term value creation in an intense ridesharing and delivery landscape.
David Tepper. Image source: Getty Images.
According to filings, Appaloosa initiated its stake in Lyft during the first quarter of 2024, buying 467,618 shares. Throughout the rest of the year, its position grew to 13.5 million shares. While Tepper held the stock for roughly two years, his fund steadily pruned the position throughout 2025 and fully exited during the second quarter of this year.

Today’s Change
(0.32%) $0.25
Current Price
$78.80
Market Cap
Day’s Range
$77.85 – $80.22
52wk Range
$65.41 – $101.99
Volume
12.8M
Avg Vol
20.7M
Gross Margin
35.42%
I think the decision to exit was influenced less by any problems at the company and more by a broader desire for sharper focus in the industries in which Lyft operates. The company continues to post respectable growth in rides and gross bookings, but it remains a much narrower service provider whose scale lags that of Uber.
Uber and Lyft compete in overlapping markets, yet Uber’s more-diversified platform and stronger financial momentum make it a more compelling long-term holding. During the second quarter, it reported gross bookings of $58 billion, up 24% year over year. The number of trips grew 18% to 3.9 billion, driven by robust growth in monthly active platform consumers (MAPCs).
These performance metrics translated to 33% growth in earnings before interest, taxes, depreciation, and amortization. Free cash flow for the quarter totaled $2.8 billion, lifting Uber’s trailing-12-month free cash flow above $10 billion for the first time. This performance proves Uber commands impressive operating leverage across its mobility and delivery segments, both of which are supported by the company’s expanding higher-margin advertising services.
The consensus price target for Uber among Wall Street analysts is $101, implying roughly 30% upside to current trading levels. This disconnect between the share price and Wall Street’s forecast can largely be explained by persistent anxiety over the disruption promised by autonomous vehicle (AV) fleets.
Expanding services from Alphabet‘s Waymo and Tesla‘s Robotaxi have come with a perception of increased competitive pressures. This has resulted in significant multiple compression relative to Uber’s historical valuation profile. Nevertheless, management is quietly scaling up its own AV partnerships and targeting several cities for launches over the coming quarters.

UBER PE Ratio data by YCharts; PE = price to earnings.
Uber’s network effects, global footprint, and proven ability to convert rider and order volumes into expanding margins provide a durable foundation that robotaxi fears shouldn’t erode overnight (if at all). The combination of accelerating free cash flow, an attractive valuation, and its model for adapting to embrace autonomous vehicles creates an asymmetric opportunity most investors appear to be overlooking.
These offers are a bit more complicated than the OPTU deal we previously posted about due to tax implications. The site that I linked to does a good job explaining some sort of the risks involved, but as always do your own research and decide if these offers are worth doing for your own circumstances.
Surging government debt, inflation risks and geopolitical tensions have driven long-term yields toward multi-year highs, prompting lenders to raise fixed mortgage rates.