When it comes to building a strong financial foundation, money guru Dave Ramsey believes that age or starting late is not a factor – and that one can be stable with just a few, wise financial decisions. This is what Ramsey told a 50-year-old woman who has been widowed for 15 years, who recently called … Read more
Al Pacino, known for iconic roles in The Godfather and Scarface, had amassed substantial wealth throughout his five-decade career. But, as he approached his 70s, he found himself on the brink of financial ruin, losing an estimated $50 million due to a corrupt accountant’s mismanagement. In recent revelations, Pacino recounted the betrayal that left him … Read more
People save in emergency funds to overcome unexpected expenses like medical bills and home repairs or to stay afloat during job losses. However, high borrowing and living costs, relatively muted wage growth, job losses, and lower-than-expected job openings have severely strained US household budgets. The mounting pressure to accommodate rising costs has stunted Americans’ ability … Read more
Jeanne, a resident of Sandusky, Ohio, recently won $15 million through an Ohio Lottery 50th Anniversary scratch-off ticket. However, she ultimately took home only $5.4 million after taxes and her chosen payout option. Jeanne had a choice: receive $600,000 annually for 25 years, totalling $15 million, or opt for an immediate cash payout of $7.5 … Read more
The pandemic has caused an increase in the number of people seeking financial advice in the US. Many seek help with repaying debt, budgeting, and retirement planning due to high living costs, slow wage growth, and economic uncertainty. Interestingly, even financial advisors face money challenges. Recently, financial guru Dave Ramsey shed light on how even … Read more
Susan, a stay-at-home mom, and Jeff, a surgeon, have worked hard for decades and are now worth over a million dollars. They have been married for 19 years and have two kids. As responsible parents, they signed up for long-term insurance policies, ensured their children had what they needed, and even partnered with a financial … Read more
“The corruption in Chinese football does not only exist in certain individual areas – it’s everywhere, in each and every aspect,” Chen said in the CCTV documentary on Tuesday. Chen, who was charged with bribery in September, said he had received a “congratulatory” 300,000 yuan (US$42,000) each from two club officials the night before he … Read more
