Brighton-based kitchen fitter Des Healey lost £75,000 last year in an AI-based crypto scam involving personal finance expert Martin Lewis, whom he looked up to for financial guidance. Healey recently attended an interview with Lewis on BBC Radio 5 Live, where he detailed how he lost his entire savings and was neck-deep in loans after … Read more
US Senator Marco Rubio, who could be the first Latino to serve as Secretary of State under President-elect Donald Trump’s administration, has a history of financial missteps that have come under the spotlight repeatedly over the years. Despite his role as a prominent political figure, Rubio’s handling of his finances—from questionable credit card practices to … Read more
In a recent YouTube short, financial expert Dave Ramsey shared a cautionary message about the risks of lending money to friends and family. “Don’t loan people that you like money because you change the relationship,” Ramsey advised, underscoring how loans can often turn personal relationships into uncomfortable exchanges. According to him, once money is involved, … Read more
Lois, an 83-year-old San Francisco Bay Area resident, recently lost $50,000 in a sophisticated cryptocurrency scam after falling victim to a “grandson in trouble” ruse. Lois, returning home late on a Friday evening, received a frantic call from a man claiming to have her grandson, stating that he was in trouble. Moments later, another voice, … Read more
Almost 20% of American households generate passive income from interests, dividends, or rents, with median earnings at $4,200 annually. Building passive income streams is an emerging trend as more people increasingly gain access to investment instruments that have long been limited to the wealthy. Rich Dad Poor Dad author Robert Kiyosaki believes everyone should focus … Read more
Shark Tank star and multi-billionaire entrepreneur Mark Cuban understands that not everyone can invest millions in businesses or start their own companies successfully. However, the Dallas Mavericks co-owner believes there are many ways to secure extra money via passive income streams without burning a hole in your pocket. 1. Invest in Stocks That Are Dividend … Read more
Photo: Justin Sullivan / Staff (Getty Images) With an average transaction price of nearly $50,000, it’s no secret that new cars are basically just for rich people now. You can’t even buy a single new car for less than $20,000. If wages had kept up with the rising cost of a new car, that wouldn’t … Read more
Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, although some housing experts are doubtful that the new measures will have a meaningful long-term impact on housing affordability and say they might even push prices up. The federal government will increase the cap on insured mortgages … Read more
Union Minister Ashwini Vaishnaw on September 02 briefed the seven important decisions by the Centre on the development of Agriculture sector of the country. During the briefing, he informed that now through Digital Payment Infrastructure the loans to farmers would be sanctioned within 20 minutes minimizing the paperwork hustle. “This is being developed on lines … Read more
UK business credit cards enable companies to borrow flexibly for scaling, support business cash flow, improve transaction visibility, issue cards for employees, and bundle reward points from company-wide purchases for cash. Several UK lenders offer business credit cards to corporations and solo entrepreneurs at low rates with high credit limits, subject to meeting their eligibility … Read more
