Here are 3 of the worst financial mistakes made by high-income professionals — how many are hurting you, too?
Earning a high salary seems like a silver bullet for resolving many financial problems. But the unfortunate reality is that many families continue to struggle even after they see a surge in their earning capacity. Roughly 62% of households earning more than $300,000 a year struggle with credit card debt, according to a survey by […]
Sacramento man says he doesn’t know how he’s $800K in debt after admitting to years of risky ventures, lavish trips — Dave Ramsey takes him to task
When Jefferson from Sacramento recently called into The Ramsey Show, he admitted something shocking: he’s carrying close to $800,000 in credit card and loan debt. Dave Ramsey, known for his no-nonsense advice, stayed true to form [1]. “This isn’t about the debt,” Ramsey told him. “Debt is the symptom of about six things. None of […]
Jeff Bezos convinced his family to invest in his startup called Amazon — now their stake is worth over $1B. 2 ways to get rich outside of the S&P 500
This article adheres to strict editorial standards. Some or all links may be monetized. Jeff Bezos’ siblings, Mark and Christina, took a leap of faith by investing $10,000 each in a fledgling online book store. Their decision to purchase 30,000 shares of Amazon.com Inc. back in 1996 was a risky move. Bezos tirelessly convinced family […]
Taylor Swift and Travis Kelce are getting hitched — and so are their multimillion-dollar fortunes. Here’s what’s at stake
Taylor Swift and Travis Kelce have officially turned the fairy tale into reality: America’s royal couple is engaged. The couple shared the news on Instagram with a caption that read, “Your English teacher and your gym teacher are getting married.” In the photos, the Kansas City Chiefs tight end is seen proposing in a manicured […]
Major bank flags this southern US city as the world’s biggest real estate bubble risk — with 1 metric topping 2006 housing bubble levels
This article adheres to strict editorial standards. Some or all links may be monetized. Florida’s housing market boomed during the pandemic, as Americans flocked to the Sunshine State in search of warmer weather, lower taxes and more space. But that surge has now pushed one of its biggest cities into dangerous territory: Miami has just […]
The new 2025 ‘retire comfortably’ number is in. Here’s what Canadians feel they need — and why 95% of us are falling well short of that goal
This article adheres to strict editorial standards. Some or all links may be monetized. How much do you think you’ll need to retire? Based on recent studies, the average Canadian thinks they’ll need about $1.42 million for a comfortable retirement. Fidelity Canada’s 2025 Retirement Report indicates that people over 45 feel that they’ll need $1.02 […]
Bed Bath & Beyond chairman blasts California as ‘overregulated, expensive, and risky’ — refuses to reopen stores there. Here’s Gov. Newsom’s response
Bed Bath & Beyond is staging a comeback, but not everywhere. The retailer filed for Chapter 11 bankruptcy in April 2023, closing 360 stores before relaunching that June under new ownership. Overstock purchased its intellectual property and relaunched the company under The Brand House Collective. Now, Bed Bath and Beyond says a new Nashville location […]
I inherited a bunch of gold jewelry from my grandmother — potentially worth thousands. With gold now hitting new highs, is it a good time to sell?
According to a report by CBS News, if you had invested in gold at the beginning of 2023, you would have seen about 68% growth by March 2025 [1]. Gold has been the hot commodity as political instability, inflation and tariffs have rocked the stock market and caused investors to divert their money into safer […]
Peter Schiff predicts gold could skyrocket to $100,000 an ounce and ‘there’s no limit’. Here’s why — and how you can capitalize
This article adheres to strict editorial standards. Some or all links may be monetized. In 2024, Peter Schiff, chief economist and global strategist at Euro Pacific Asset Management, predicted that the price of gold’s surging might be just be the beginning of its rally. Since then, the price of gold surged by 46%, with the […]
Houston man feels ‘guilty’ after business-class upgrade — but Ramsey Show tells him splurges are OK if you can pass this 5-question test. Would you?
A Houston man called into The Ramsey Show wondering how to draw the line when spending on upgrades that feel nice but aren’t strictly necessary. The 6 ft. 1-inch caller had splurged on the legroom of an “economy plus” airline seat for a step up in physical comfort — but was experiencing mental discomfort over […]