In a recent post on X, financial expert Dave Ramsey revealed one of his top tips for aspiring millionaires: turn off your television. Ramsey’s advice might seem surprising, but his reasoning goes beyond a simple anti-TV stance. According to Ramsey, financial success begins with lifelong learning, and one of the best ways to achieve this … Read more
In the midst of an unprecedented wealth surge in the U.S., financial insecurity remains widespread, even among millionaires. According to a new survey by Edelman Financial Engines, only 33% of millionaires—those with assets between $500,000 and $3 million—consider themselves wealthy. Surprisingly, many feel that even $3 million isn’t enough to provide financial security, highlighting the … Read more
What city is best for starting your business? While several factors should play into a decision, a new report from fintech company SumUp has identified the top 10 for entrepreneurship based on tax data, the number of millionaires in the city, and even Google searches. New York topped the list because of the opportunities it … Read more
The average American thinks being rich means a $2.5 million net worth. A Wednesday survey from Charles Schwab tracked the bar for wealth by generation, from Gen Z to Boomers. Each group gave a different number as the threshold to be rich; the older the group, the larger the magic number for wealth. Gen Z … Read more
Financial success is often viewed as a critical indicator of achievement, and understanding wealth benchmarks is a crucial tool for gaining valuable insights into economic stratification. Wondering how much net worth it takes to ascend into the upper echelons of America’s wealthiest is a very common thought. However, figuring out where you stand on the … Read more
According to the Capgemini Research Institute’s World Wealth Report 2024, the United States significantly outpaced the rest of the world in creating millionaires last year, adding 500,000 new ones and setting records for wealth accumulation. This information technology company collaborates with businesses to “unlock the power of technology” and offers insights into global wealth trends. … Read more
Whitney Wolfe Herd, the millionaire founder of dating app Bumble, won the top prize for Bloomberg’s men’s March Madness charity challenge by impressively picking 43 of 63 games accurately. Her bracket picks included correctly choosing the entire Midwest region, and betting that the University of Connecticut would beat Indiana’s Purdue University in Monday’s match-up. UConn, … Read more
SEO entrepreneur Joe Davies is sharing nuggets of wisdom about how to become a millionaire — now that he’s lovin’ his career path. After years of working dead-end jobs, including at McDonald’s, Davies longed to make a name for himself — an aspiration he shared with his childhood friend, Joe Taylor. “I didn’t go to university … Read more
