US Couple With $175K Salary Splurges 83% On Fixed Expenses; Ramit Sethi Reveals Why That’s A Costly Mistake

US Couple With 5K Salary Splurges 83% On Fixed Expenses; Ramit Sethi Reveals Why That’s A Costly Mistake

A married couple in their early 40s, living in the Bronx, New York, has found themselves in a financial bind despite earning a combined annual income of nearly $175,000. The couple, who have a 9-year-old daughter and a puppy, struggle to make ends meet with no assets and a paltry $200 in savings. Despite a … Read more

Nearly 1 in 3 UK Residents Miss Payments as Mortgage Arrears Soar by 50% Amidst Rising Interest Rates

Nearly 1 in 3 UK Residents Miss Payments as Mortgage Arrears Soar by 50% Amidst Rising Interest Rates

Mortgage repossession claims in Q1 jumped over 40% in 18 months. PhotoMIX Company/Pexels.com The UK Department for Work and Pensions-backed Money and Pensions Services (MaPS) October 2023 survey of UK residents revealed that 30% had missed at least one payment during the year, with many experiencing the setback for the first time. The research showed … Read more

Poor Credit Scores Could Cost Brits An Extra £270,000 In Interest Payments Over A Lifetime

Poor Credit Scores Could Cost Brits An Extra £270,000 In Interest Payments Over A Lifetime

A credit score determines your creditworthiness. When you apply for products like credit cards, loans, or mortgages, lenders check your credit score and profile to review your loan repayment history, credit utilisation, credit mix, and enquiries before determining your loan eligibility and terms. A poor credit score could lead to application rejection or approval with … Read more

Money Talks Podcast: How to talk about money with Gen Alpha kids

Money Talks Podcast: How to talk about money with Gen Alpha kids

In my experience, it is important to start conversations about money and financial management at a young age, so as early as six to seven years old. And even at this age, children are exposed to technology. However, I recommend using cash to demonstrate financial concepts.  Andrea:That’s what you do with your kids, you give … Read more

How to take a break from work and travel in Europe on a budget

How to take a break from work and travel in Europe on a budget

In 2023, Rowena Hennigan came to a difficult but necessary conclusion — she needed an extended break from work. Hennigan was dealing with disrupted sleep, anxiety, brain fog — all normal symptoms of menopause – but it was wreaking havoc on her work and her mental health. She said she tried exercise, a new diet, … Read more

VP Kamala Harris Net Worth, Her Investment Portfolio and How She Manages Her Finances

VP Kamala Harris Net Worth, Her Investment Portfolio and How She Manages Her Finances

In a surprising turn of events, US President Joe Biden has announced his withdrawal from the presidential race, endorsing Vice President Kamala Harris as his successor. This move shifts the spotlight onto Harris and her husband, Doug Emhoff, who have both built substantial careers in public service and amassed significant wealth through a diverse portfolio … Read more

7 Strategies to Recession Proof Your Business in 2024 and Beyond

7 Strategies to Recession Proof Your Business in 2024 and Beyond

Opinions expressed by Entrepreneur contributors are their own. According to Fitch Ratings’ Global Economic Outlook report for 2024, a steep 2.1% dip in world growth is expected this year. CEOs and other executives must find firm footing atop shaky terrain. Bold leadership and robust fundamentals to sustain scaling are a must in these times. As … Read more

Bill Gates’ McDonald’s Gold Card Offers Free Food for Life, Few Non-billionaires Were Offered One in This Decade

Bill Gates’ McDonald’s Gold Card Offers Free Food for Life, Few Non-billionaires Were Offered One in This Decade

A McDonald’s Gold cardholder can access free meals for life. However, the benefits may be customised to limit usage access to local venues, like Warren Buffett’s, or offer global access, like Bill Gates’ card, depending on the person’s lifestyle and preferences. Gates can visit any McDonald’s worldwide and enjoy a free meal for life. In … Read more

Couple Earning $250k Yearly Makes $500K Commitment for Kids’ Education, Now Feels Broke

Couple Earning 0k Yearly Makes 0K Commitment for Kids’ Education, Now Feels Broke

Sarah, 38, and Kevin, 43, collectively earn $250,000 annually and have been married for 14 years with three kids. Sarah dreams of buying land and building a house while ensuring their children get the best education. Like all parents, they want the best for their kids, but their poor money habits have led them to … Read more

Dave Ramsey vs. Ramit Sethi: Two Money Mindsets – Which One Works For You?

Dave Ramsey vs. Ramit Sethi: Two Money Mindsets – Which One Works For You?

Financial guru Dave Ramsey believes you can save $22,995 over 30 years by skipping coffee. Meanwhile, financial coach and author Ramit Sethi thinks skipping coffee isn’t how millionaires got there. Ramsey and Sethi have helped countless clients get out of debt, budget efficiently, and achieve life goals like buying a house or saving for retirement. … Read more