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Are You Rich Enough To Join The Top 5% Of Households? You May Be Wealthier Than You Realize
2024 Jul 16, 1:00pm | 856Let’s face it, the American dream has gotten a price upgrade. According to recent data from the Federal Reserve, a net worth of at least $3,795,000 places you among the coveted top 5% of U.S. households. While this may seem like a substantial sum, it pales compared to the ultra-affluent...
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Patients Pay The Price As Drug Middlemen Profit, Says FTC Report. Mark Cuban's Take: 'Anyone Surprised By This?'
2024 Jul 16, 12:30pm | 818The Federal Trade Commission (FTC) just released an interim report showing how pharmacy benefit managers (PBMs) "profit at the expense of patients by inflating drug costs and squeezing Main Street pharmacies." According to the FTC, these middlemen, who handle prescription drug benefits for...
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The Rise Of Shunsaku Sagami, Japan's Youngest Billionaire With A $1.9 Billion Net Worth
2024 Jul 16, 12:00pm | 866According to Forbes, there are now 2,781 billionaires living on Earth, and one of them is Japan's youngest billionaire, Shunsaku Sagami. Here's everything you need to know about Japan's future of business. According to Forbes, at only 33 years old, Sagami has an impressive net worth of $1.9...
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'Never, Ever Invest Money In A 401(k)' — Grant Cardone Argues They're 'Traps Designed To Prevent People From Having Enough' — Is He Right?
2024 Jul 16, 11:45am | 730Grant Cardone, the self-made millionaire and real estate mogul, is stirring up controversy with his unconventional stance on retirement savings. Contrary to traditional financial advice, Cardone adamantly opposes investing in 401(k)s and IRAs, calling them ineffective for building wealth. Don't...
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'Forget About Florida': Barbara Corcoran Says 'There's Always A Cheap House To Buy — But Not In Florida'
2024 Jul 16, 10:30am | 639Barbara Corcoran, a prominent real estate mogul, shared striking advice on the Elvis Duran Show, steering potential investors away from the Florida real estate market, which she described as overinflated. The hosts asked Corcoran where to look for great value. "There's always a cheap house to buy...
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7 Billionaires That Have Thrown Big Backing Behind Biden's Presidency
2024 Jul 16, 10:00am | 871With the November elections looming closer than ever, some billionaires have thrown their hats into the ring, otherwise known as politics, and put their support behind Joe Biden. Here are seven billionaires who are backing Biden for reelection. Don't Miss: Warren Buffett flipped his neighbor...
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Survey Reveals 67% of 55-Year-Olds Are Severely Underprepared And Terrified They Will Outlive Their Savings And Face Financial Hardship
2024 Jul 15, 4:00pm | 778A new study by Prudential shows that 67% of 55-year-olds, along with a majority of 65 and 75-year-olds, are severely underprepared for retirement and in danger of becoming "silver squatters." According to Prudential, "Silver Squatters" describes retired-age individuals who need to rely more on...
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29-Year-Old Software Engineer With $135,000 Salary Plans To Retire By 35, Says He's In Top 0.1% Of Most Frugal People
2024 Jul 15, 3:00pm | 830Tanner Firl, a 29-year-old software engineer from Minneapolis, Minnesota, has an ambitious goal: to retire by age 35. With an annual salary of $135,000, Tanner has already saved $380,000 for retirement. His secret? Extreme frugality and strategic investing. Don't Miss: Are you richer than most...
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Dave Ramsey Tells Man And Wife Spending $80,000 A Year In Child Care Costs That They 'Have Lost Their Minds'
2024 Jul 15, 1:00pm | 844It's no secret that having children costs money, but a couple who sought advice from Dave Ramsey is battling to fund their lifestyle due to incredibly high child care costs. Here's what personal finance expert Dave Ramsey had to say about these costs. Don't Miss: The average American couple...
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Bill Gates Is Against Raising Minimum Wage Because It Would Cause 'Job Destruction' — Says Limited Hours Are A Bigger Reason For Poverty
2024 Jul 15, 11:45am | 907Ever wondered about the person who made your morning coffee or flipped your burger at lunch? These workers, often earning minimum wage, are at the heart of a national debate on fair pay and economic stability. In early 2014, Microsoft co-founder Bill Gates made surprising comments about raising the...
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Warren Buffett Isn't A Fan Of Herd Mentality: 'My Idea Of A Group Decision Is to Look in the Mirror' — Here's Why It Matters For Your Money
2024 Jul 15, 10:00am | 623Warren Buffett, the Oracle of Omaha, continues to inspire investors with his unique approach to decision-making. His famous quote, "My idea of a group decision is to look in the mirror," encapsulates his philosophy of independent thinking and self-reliance in investing. Buffett’s strategy...
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Here Is How Ruth Madoff Cooked The Books For Over 60 Years In The World's Largest Ponzi scheme
2024 Jul 14, 1:00pm | 913In 2017, the world was captivated by the story of disgraced financier Bernard Madoff, who was brought to life on television screens by HBO's "The Wizard of Lies." The film chronicles the real-life saga of Bernard and Ruth Madoff, the masterminds behind the world's largest Ponzi scheme. The latest...
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Financially Free But Feeling Like A Failure: The Ramsey Show's Surprising Advice To A 33-Year-Old
2024 Jul 14, 11:00am | 855Hillary, a 33-year-old from Salt Lake City, UT, called into The Ramsey Show disheartened that everyone around her is going on lavish vacations, buying nice cars, and ultimately having it all together. However, while discouraged, this caller doesn't seem to be doing too bad herself. She is single,...
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This Credit Card 'Security' Feature Lets Thieves Keep Stealing After You Cancel
2024 Jul 13, 1:00pm | 835Credit card issuers have added convenient features that could give hackers access to your data for years. If you think getting a new credit card from the same issuer will stop hackers from using your card, think again. More than a decade ago, most banks and credit card issuers introduced an...
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Dave Ramsey's List Of The Top 10 Cars Driven By Millionaires May Surprise You — Or Not
2024 Jul 13, 12:00pm | 906Personal finance expert and bestselling author Dave Ramsey has released his list of the top 10 cars driven by millionaires, and we bet some of these cars will surprise you. Here's what cars the super wealthy enjoy driving. Don't Miss: Can you guess how many Americans successfully retire with...