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Elon Musk Asks If IRS Funding Should Be 'Deleted' – More Than 60% of Respondents Said 'Yes'
2024 Dec 08, 10:30am | 818Billionaire entrepreneur Elon Musk sparked debate recently after posting a poll on X about the Internal Revenue Service's (IRS) funding. Musk asked users if the IRS's budget should be "increased, same, decreased, or deleted." Of the 212,000 respondents, 60.6% voted to "delete" the agency's funding...
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Suze Orman Warns: 'Fear Is Fueled by Stress' – Why 60% Don't Manage It and 4 in 10 Worry About Retirement Savings
2024 Dec 07, 12:30pm | 680Among workers aged 50+, 45% fear outliving their savings, while 41% worry about declining health and long-term care needs. According to a new survey conducted by the Transamerica Center for Retirement Studies (TCRS), these two fears top the list for middle-class Americans planning their retirement...
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More Bang For Your Buck Or Less Value for Your Money – What The U.S. Dollar Surge Means For You And Your Wallet
2024 Dec 07, 8:30am | 962Those paying attention to the news know that the U.S. dollar has surged since the presidential election. But what does that mean for you, your wallet and your everyday spending? Let's break it down simply, as a stronger dollar impacts your money’s progress. Don't Miss: Can you guess how many...
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Which State Requires a Higher Income to Join the Richest 1% – New York or California?
2024 Dec 06, 3:30pm | 779Regarding breaking into the top 1% of earners in the U.S., location matters just as much as income. With their iconic financial hubs and booming industries, states like New York and California are often at the center of the conversation about wealth. So, which state demands a higher paycheck to...
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'$72,000 For A Kia?' – Dave Ramsey Tells Florida Woman 'We'll Call That Debt A Stupid Tax' After Husband Buys EV Now Worth Only Half That
2024 Dec 06, 12:15pm | 940Buying a car shouldn't feel like financial quicksand – but for Ashley from Jacksonville, Florida, that's exactly what happened when her husband's $72,000 impulse buy turned their financial picture upside down. On a recent episode of The Ramsey Show, Ashley laid out her case to financial guru Dave...
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Economists Warn: Trump's Tariffs On Canada, Mexico And China Could Hurt Your Budget More Than Help It
2024 Dec 06, 11:15am | 1036President-elect Donald Trump's promise to impose 25% tariffs on goods from Canada and Mexico and even more on China has sparked debates among economists, trade experts and consumers. These proposed tariffs, which Trump says will help address illegal immigration and drug trafficking, could lead to...
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Economist Steve Hanke Calls Inflation Fears 'Nonsense' As Fed Policies Take the Wheel in 2025
2024 Dec 06, 8:15am | 731Inflation? Not on Steve Hanke's watch. The veteran economist says fears of inflation spiking under Trump's second term are way overblown. "All this talk about Trump’s policies are going to cause inflation to kick up again is just nonsense," he said during a CNBC interview on Sunday, as...
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Are You Earning Enough To Be Considered 'Rich'? Here's What The Top 5% Are Raking In Annually
2024 Dec 05, 3:30pm | 1056When we think about being "rich," the image isn't the same for everyone. Maybe it's about finally feeling like you're not just scraping by or being able to take a vacation without worrying about next month's bills. Maybe it's the freedom to leave work at 5 p.m. without a second thought or knowing...
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"Eat Only Beans And Rice," Says Dave Ramsey–Here's Why Some People Still Don't Get What He's Trying To Say
2024 Dec 05, 1:15pm | 848Dave Ramsey is known for his simple approach to personal finance. He often says, “beans and rice, rice and beans,” to tell people to cut their expenses. But some people take this literally and miss the real point. Let's clarify what Ramsey means when he says to live on “beans and...
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Will Artificial Intelligence Upend The Social Security Program? Suze Orman Fears It Might
2024 Dec 05, 12:45pm | 777Suze Orman, financial expert and host of the Women & Money podcast, recently raised concerns about the potential impact of artificial intelligence (AI) on the Social Security system. Speaking on her podcast, Orman acknowledged the growing anxiety among her listeners – many of whom are already...
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'Had To Uber To The Funeral Home And Beg For A Ride' – This Family Says Dave Ramsey's No-Credit Advice Failed Them
2024 Dec 04, 7:30pm | 1045Dave Ramsey has built a name for himself as the financial guru who preaches a simple, no-nonsense approach to money: ditch the credit cards, pay off your debt and live within your means. Millions have embraced his advice, cutting up their credit cards and committing to his cash and debit-only...
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Despite Having The Highest Income, Gen X Also Carries The Most Debt, Explaining Their Rock-Bottom Consumer Sentiment
2024 Dec 04, 3:30pm | 698Regarding money, Generation X is stuck between a rock and a hard place. Born between 1965 and 1980, this group is in their 40s and 50s, in the middle of their peak earning years. On paper, Gen X seems to be doing well – they have the highest average income of all generations. But behind those...
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From Kevin O'Leary To Kendra Scott: The Surprising Things Shark Tank Stars Refuse To Buy
2024 Dec 04, 12:45pm | 811Even with millions – or even billions – in the bank, the stars of Shark Tank are surprisingly selective about how they spend their money. From shunning luxury items to embracing thrift, these entrepreneurs share what they refuse to splurge on – and why. Don't Miss: Can you guess how many Americans...
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Warren Buffett Used To Gift Loved Ones $10,000 Cash For Christmas But Switched To Stocks With A Note: 'Cash Them In Or Hold Onto Them'
2024 Dec 04, 10:15am | 1084Everyone knows Warren Buffett is famous for being frugal. This is the billionaire who still lives in the same house he bought in Omaha in 1958 for $31,500 and is perfectly content eating McDonald's breakfast most mornings. But what's it like to be on the receiving end of his gift-giving? Turns out...
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Most Americans Don't See Wealth As The Key To Financial Success – Here's What Matters More To 59% Of Them
2024 Dec 03, 3:30pm | 796When we think about financial success, the first thing that comes to mind for many people is having a lot of money. However, according to a recent Empower survey, most Americans do not believe that having money is the most crucial component of success. Instead, 59% of people say happiness – being...