Sean Kingston sentenced to 3.5 years in prison by Florida court for wire fraud scheme — here are 2 major red flags luxury sellers should watch out for
Rapper Sean Kingston might be best known for his 2007 hit, “Beautiful Girls,” but now he’ll be remembered for something else: a million-dollar wire fraud scam he ran with his mother involving luxury goods. Kingston, whose legal name is Kisean Paul Anderson, has been sentenced to three and a half years in federal prison. His […]
Trump’s new law set for next year will leave you paying taxes on gambling losses — here’s why lawmakers are fighting it, saying it would be a mistake
Rolling the dice just got a whole lot riskier under President Donald Trump’s One Big Beautiful Bill. A few short lines in the 940-page bill could have an oversized impact on the gambling and sports betting industry. The bill, which was signed into law in July, goes into effect next year. Must Read Thanks to […]
Broke and in debt $137K, North Carolina man, 65, gets a harsh dose of reality from Ramsey if he wants to retire debt-free — here’s how he could do it
Mark from North Carolina is 65 — but he’s not retiring any time soon because he’s made “absolutely horrible decisions with money all my life.” He told The Ramsey Show that his wife has about $10,000 in a 401(k) and he has “maybe a couple thousand [1].” Their total debt includes a $115,000 mortgage and […]
Homebuyers experiencing ‘economic nausea’ are pulling out of deals at a record rate — why so many ‘queasy’ buyers are suddenly canceling contracts
Homebuyers in America seem to be getting cold feet. In July, 15.3% of home-purchase agreements fell through across the U.S. That works out to about 58,000 agreements — the highest cancellation rate for July on record [1]. That’s according to data from real estate platform Redfin, which blames high homebuying costs for making buyers “skittish.” […]
This 1 ‘demoralizing’ employment trend is locking computer science grads out of their industry — and minimum wage jobs won’t take them either. Are $165K tech jobs permanently at risk?
For years, we heard about the tech talent shortage — that there was a glut of jobs and not enough bodies to fill them. For students studying computer science, a bright future was on the horizon. Upon graduation, they could expect multiple job offers, high starting salaries and lots of perks, from free food and […]
Boomers are the wealthiest generation yet, but millennials are catching up — here are 7 boomer money habits their kids just don’t get (and what they do instead)
Boomers have amassed a lot of wealth over the years — indeed, about half of total household wealth in Canada is held by boomers, with an average net worth of almost $1.2 million, according to Statistics Canada. So why doesn’t their financial advice make sense to millennials? Boomers (those born between 1946 and 1964) are […]
‘Leave the cult’ advises Dave Ramsey after a single woman asks if she should buy a house, alone, despite friends and family telling her to wait for a husband
Kate, in her early 20s, is a marketing professional from the state of Michigan who runs her own business and makes US$150,000 a year. She’s managed to save US$125,000 for a down payment on a house, but she’s getting pushback from her friends and family — because she’s single. She wrote into The Ramsey Show […]
I’m 57 years old and recently divorced. I walked away from my marriage with just $18K in retirement savings — how do I secure my suddenly solo future?
Divorce isn’t just a young person’s game. For some, love is fleeting and can evaporate quickly. In other cases, it’s a bond that can last for decades until it’s worn down or suddenly broken. Kathryn, 57, finds herself single after nearly 30 years of marriage. Her ex was the breadwinner of the household, and she […]
This 1 ‘demoralizing’ employment trend is locking computer science grads out of their industry — and minimum wage jobs won’t take them either. Are $165K tech jobs permanently at risk?
For years, we heard about the tech talent shortage — that there was a glut of jobs and not enough bodies to fill them. For students studying computer science, a bright future was on the horizon. Upon graduation, they could expect multiple job offers, high starting salaries and lots of perks, from free food and […]
My wife and I are in our 50s, paid off the mortgage and want to ramp up savings — but our home insurance is now $7.2K. Is it crazy to go without it?
Picture this: Scott and Lisa, who are in their 50s, live in Colorado and recently paid off their home. Together they make about $130,000 a year, but since they’re now mortgage free, they’re using that extra cash to boost their retirement savings. While they don’t have any debt, they’re trying to save as much as […]