Dave Ramsey Guarantees If You Have A Car Payment, ‘You Will Be Broke Your Whole Life’ And Says The Average Millionaire Drives A 4-Year-Old Car With 41,000 Miles — Investing The Payment Could Make You $5 Million Instead

Despite being a self-professed car enthusiast, financial guru Dave Ramsey declares cars as a significant financial drain. Through a series of TikTok videos, he underlines the pivotal decision to purchase vehicles with cash and the financial drain posed by car payments. Ramsey compares homes, which generally appreciate, and cars, which depreciate, stating, “I guarantee you’ll … Read more

40-year-old millionaire who retired early only lasted 5 months—here’s what made her go back to work

My entire life used to be about maximizing my time for work. I spent over a decade building a career in New York’s tech scene. I worked at Foursquare and Google, and in 2014, I started my business, Tech Ladies. My goal was to help women in the industry find jobs, negotiate and network. I hired … Read more

Millionaire Austrian heiress Marlene Engelhorn to give away $27M

Comment on this storyCommentAdd to your saved storiesSave The news of inheriting millions of euros from her grandmother did not thrill Austrian heiress Marlene Engelhorn. Instead, it made her acutely aware and unable to ignore the skewed wealth distribution in society, she said in 2022. She became a staunch advocate of taxing rich people like … Read more

Millionaire hedge fund CEO says he primarily hires individuals with no background in finance and as soon as hiked a employee’s pay so he may name him at 1 a.m.

The 1 a.m. pay rise was mentioned on the “Exchanges at Goldman Sachs” podcast.Getty A hedge fund boss mentioned he primarily hires individuals with no background in finance. Peter Brown additionally mentioned he as soon as provided a employee a pay rise within the early morning hours. Brown mentioned his uncommon hiring and retention methods … Read more

China to see the world’s greatest millionaire exodus this yr, research exhibits

Company are seen within the J Lodge situated within the Shanghai Tower, in Shanghai on June 23, 2021. Hector Retamal | Afp | Getty Pictures China, with the world’s second-largest financial system and the second-highest inhabitants, will once more see the most important exodus of millionaires this yr, in response to new analysis.  In keeping … Read more