Personal Finance

We've all heard about "the 1%," but what does joining their ranks take? Spoiler: it's not pocket change.  According to Kiplinger data, to be in the top 1% of wealth in the U.S. in 2024, one must have a net worth of about $11.6 million. That's up significantly from past years, showing just how...

Warren Buffett Says He'd Be ‘Very Happy' To Have This One Word On His Tombstone Describing Him – And It's Not Related To Family Or Investing Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, isn't just about stocks and dollar signs. In fact, if you asked him how he'd like to be...

The irony here is impossible to ignore. Bill Gates, whose legacy includes making email an essential part of modern life, now texts his youngest daughter, Phoebe, to let her know he's sent her an email. Yes, the same Bill Gates who cofounded Microsoft and made tools like Outlook a household name is...

As we are amid the holiday chaos and joy, hunting down presents at the last minute before getting together with our families, financial expert Suze Orman strongly warns about the dangers of buying gifts with credit cards. On a recent episode of her Women & Money podcast, Orman cautioned...

It's that time of year again. Holiday tunes on the radio, twinkling lights everywhere and a hefty dose of pressure to deliver the "perfect" Christmas. But what happens when you're juggling debt, young kids and the harsh reality that you're barely making ends meet? That's where Joshua found himself...

A Reddit user's late-night post has people thinking twice about their financial choices. The poster, who's been at the same job for a decade, shared a raw and relatable confession: "I wish I had spent the past 10 years investing in BTC instead of 401(k). Pretty much the title. I just got off work,...

When you think of Dave Ramsey, you think of financial freedom, debt-free living and his famous mantra: "Debt is dumb, cash is king." But what happens when the dreaded IRS comes knocking with a hefty tax bill you didn't prepare for? Surprisingly, even Ramsey says borrowing money might be the lesser...

In a world where hunger kills more people each year than malaria, tuberculosis and AIDS combined, Elon Musk's bold proposition in October 2021 sparked an unusual yet critical conversation.  The tech billionaire, known for electrifying industries and aiming for Mars, turned his attention back...

Life insurance can be a sensitive topic, especially involving elderly parents. On a recent episode of her Women and Money podcast, Suze Orman responded to a listener's question about how to help her mother make smarter financial decisions regarding funeral expenses. The listener, Katina, wrote that...

Bill Gates doesn't shy away from paying taxes. In fact, he thinks he should be paying more – a lot more. But if he feels that way, why doesn't the multibillionaire voluntarily hand over a bigger slice of his fortune to Uncle Sam?  It's a question critics love to ask and Gates has been clear...

What does it mean to be "upper class?" For some, it's about extravagance – penthouse apartments, $500 brunches and closets that rival high-end boutiques. For others, it's far more understated: skipping the stress over price tags, booking a vacation without panic or paying for your kid's college...

Dawn Myers stood in front of the Shark Tank panel with nerves of steel and a product years in the making. The founder and CEO of The Most, a parent company to Richualist and The Most Curls brands, pitched The Mint, a $400 thermal hair infuser aimed at the textured hair care market, a segment now...

Retirement sounds like a dream. No alarm clocks. No deadlines. Just endless days of relaxation. But here's the twist: That dream is becoming a nightmare for many retirees.  Take Russ Schmidt. At 12, his father told him, "You're not worth anything if you're not working," he recently recalled to...

When a listener wrote to Suze Orman on the Women & Money podcast, her question wasn't just about capital gains taxes – it was about making a smart financial decision. Susan shared how she grew her investments from $0 to $350,000 in just two years and one standout stock in her portfolio was...

John D. Rockefeller. The name itself is shorthand for wealth. When people think of the richest of the rich, they imagine Rockefeller: a man in a top hat, leaning on a cane made of solid gold, building an empire while sitting atop mountains of money. In his day, he wasn't just wealthy – he was the...