Dave Ramsey tells Wisconsin cardiologist earning $650K he doesn’t ‘deserve’ a $250K Porsche — how he says to appease his inner 4-year-old instead
Recently, a caller toThe Dave Ramsey Show asked whether he should buy a $250,000 Porsche, seemingly expecting the famously frugal finance guru to quash the idea — but his answer was surprising. Ramsey was actually not opposed to the luxury car purchase in theory, given the caller’s high income, but he discouraged him from heading […]
Rich, young Americans are ditching the stock market — here are the alternative assets they’re banking on instead
This article adheres to strict editorial standards. Some or all links may be monetized. Warren Buffett, Elon Musk, and Jeff Bezos are among the wealthiest Americans who ever lived. The majority of their wealth is in stocks. But when it comes to investing in the stock market, today’s rich young Americans are not following in […]
Americans have abandoned as many as 31.9 million 401(k) accounts — with average balances of $66,691. What to do if you’ve lost track of your savings
If you’ve switched jobs, what did you do with your 401(k)? If you don’t remember, or if it’s still with your previous employer, you may be leaving hard-earned cash on the table. More than half (54.3%) of working-age American families had a retirement account with a median value of $86,900, according to 2022 data from […]
The US quietly rolled back some tariffs on products that ‘cannot be grown, mined, or naturally produced’ in America — Trump ‘lowkey’ folding on trade?
During his so-called Liberation Day speech back in April, President Donald Trump unveiled his expansive new tariff policy — including reciprocal tariffs on some 90 countries — and declared it the rebirth of American industry. Yet, just seven days and a global market crash later, Trump paused his reciprocal tariffs. So there is historical precedent […]
Warren Buffett once warned Americans about 1 big Social Security mistake — now retirees face benefit cut of $18K/year. Why you can’t afford to wait
Warren Buffett is older than Social Security itself. Born in 1930 — five years before the Social Security Act was signed into law — the billionaire investor and philanthropist has watched the program evolve for nearly a century. So when he warns against jeopardizing the system, it’s worth paying attention. “I basically believe that anything […]
Trump to review new IRS ‘math error’ bill that should increase transparency for American taxpayers — were you aware of the 60-day rule?
On Oct. 20, the U.S. Senate unanimously passed legislation to simplify the way Americans interact with the IRS when they make mistakes on their tax returns. The Internal Revenue Service Math and Taxpayer Help Act — or the IRS MATH Act — is awaiting signature from President Donald Trump. Must Read Thanks to Jeff Bezos, […]
This Texas woman’s boyfriend of 1 year out-earns her — and wants to keep separate finances if they marry. The Ramsey Show hosts peer into their future
Building a life together means sharing everything — including finances. That’s the advice given to a caller on The Ramsey Show who asked about her boyfriend’s insistence on keeping their money completely separate. Shelby from Dallas, Texas, has been dating her boyfriend for about a year. However, as they began talking about their future, including […]
‘Like I was in a movie’: North Korean agents infiltrated this Atlanta man’s business as ‘super-duper talented’ IT workers — then stole $1M in crypto
It sounds like the plot of an action-thriller, but for one Atlanta tech entrepreneur, an elaborate cryptocurrency theft involving North Korean assets became his reality. “It felt like I was in a movie,” Marlon Williams told Channel 2 News (WSB-TV). “That’s where we see these things, right?” Rather than a phishing scam with criminals pretending […]
A classic Canadian chocolate bar just got quietly discontinued
If your childhood snack drawer included a Jersey Milk bar, this one might sting. After 75 years on Canadian shelves, Mondelez, the maker behind the confectionary best used for smores, has quietly pulled the plug on the creamy white-wrapped classic, citing low demand. No press release. No farewell tour. Just gone, like the last piece […]
The late Charlie Munger said making your first $100K is the biggest hurdle — key tips to help you make strides in your race to riches
This article adheres to strict editorial standards. Some or all links may be monetized. For investors who are looking to get rich, or at least improve their financial situation, having an investing guru with the wisdom and experience (and positive track record) to follow can be crucial. For millions of investors, Charlie Munger and his […]