Dave Portnoy sold Barstool Sports for $551 million — then bought it back for $1. Here’s how it went down and what you can learn to get rich
This article adheres to strict editorial standards. Some or all links may be monetized. Shortly after selling his sports media company Barstool Sports to Penn Entertainment for $551 million in 2023, founder Dave Portnoy turned around and repurchased 100% of the company for just $1, according to Business Insider. (1) “It’s one of the [greatest] […]
These 5 states give US retirees the best shot at long-term retirement success and security, according to a new study — does your state make the list?
While the size of your nest egg can help determine how comfortable you’ll be in retirement, so does where you choose to live. And some states do a better job of setting up residents for success in retirement. That’s according to a Caring.com study, which analyzed a number of factors — average retirement income, homeownership […]
$200K vs $3.5M: Man asks Ramsey Show for advice on how to navigate the income disparity in his relationship
Kevin from Fort Worth, Texas, and his girlfriend have been together for six years and now talk has turned to marriage. But he’s worried he can’t be a “dutiful, Christian husband and a leader of the family” when his girlfriend makes substantially more money than he does. So he called into The Ramsey Show for […]
$10,000 or $125/month: How I handled a dead furnace as a single-mom homeowner
If you’re a single mom and a homeowner, I don’t have to tell you that life likes to throw curveballs. And apparently, mine came in the form of a dead furnace in October. Just my luck. It’s almost as fun as when my air conditioner died at the beginning of the summer. At least in […]
A whopping 350,000 Americans are now facing a steep deadline as this 1 state unpauses unemployment clawbacks — here’s what to do if it happens to you
Unemployment insurance clawbacks are moving ahead in Michigan, affecting about 350,000 workers with overpayments dating back five years. Most of those affected filed claims in 2020 and 2021 during the height of the COVID-19 pandemic [1]. At the time, benefit claims surged nationwide — including a wave of fraudulent filings — overwhelming the system. Later, […]
I was planning to retire by 55 — but my son has asked me to help pay his $250K college tuition. Should I delay my early retirement by 5 years to help?
Early retirement is a goal for many people, but is it worth leaving your child to pay their own way through college just to retire early? That’s the situation Derek is facing. He has been saving with the goal of retiring at 55, but his plans may be shifting now that his son is asking […]
The US has become ‘a nation of economic pessimists,’ says WSJ report — why many Americans have given up on getting ahead (and how to regain control)
The American Dream may be taking its last breaths, according to a new poll from The Wall Street Journal. Nearly 70% of respondents said they believe the dream “no longer holds true or never did.” That’s the highest level of doubt in the survey’s 15-year history [1]. Must Read Thanks to Jeff Bezos, you can […]
BOE chief sees ‘worrying echoes’ of 2008 as 2 US firms collapse — warns slicing, dicing of loans have triggered alarm bells. Protect your wealth now
This article adheres to strict editorial standards. Some or all links may be monetized. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Leaders around the world are starting to sound alarm bells about a potential financial crisis […]
Keeping over this amount of cash in your bank account is a serious mistake — how much do you have stashed in there?
This article adheres to strict editorial standards. Some or all links may be monetized. Cash is king, right? Well, not always. Sometimes you can have so much cash sitting around in your bank account that it turns into a wealth-devouring demon. On average, American families had about $62,410 in their checking accounts, according to the […]
His mother-in-law began harassing his wife, so California man cut ties — and it cost them her support. Ramsey Show hosts share how to regain control
On a recent episode of The Ramsey Show, Leo from California called in to ask how he and his new wife could get back on track financially. (1) The couple, both 39, had recently married and shared an apartment. But after cutting off financial support from his mother-in-law, they began to fall behind on rent […]