Latest news with #HowtoGetRich
Time of India
2 days ago
- Politics
- Time of India
Donald Trump Screams 'Witch Hunt'; Epstein Wedding Photo Comes Back To Haunt Him
Shocking new images have re-ignited the controversy surrounding President Trump's long-rumored ties to Jeffrey Epstein. A resurfaced photo from Trump's 1993 wedding to Marla Maples shows Epstein present among guests, reportedly captured by photographer Dafydd Jones, who later claimed the negatives were lost. Jones told CNN he wishes he'd captured more of Trump and Epstein together. Other images place Epstein near Howard Stern at the event. Footage from a 1999 Victoria's Secret show also shows Trump and Epstein casually chatting. Their friendship dates back to the 1980s, with Trump famously calling Epstein 'a terrific guy' in 2002 and adding, 'he likes beautiful women... on the younger side.' Trump's name appeared in Epstein's flight logs at least seven times, and his book How to Get Rich even refers to Epstein as 'the mysterious Jeffrey.' Trump now denies sending Epstein a 2003 birthday note featuring a nude drawing, which the Wall Street Journal reported — a story Trump is currently suing over. Read More
Yahoo
13-06-2025
- Business
- Yahoo
People Are Flocking to IRAs and CDs, But Only 1 Will Make You Richer, Says Ramit Sethi
At a 30,000-foot level, an individual retirement account (IRA) and a certificate of deposit (CD) might both seem like wise wealth-building financial instruments since both are designed to grow your money. Discover More: Find Out: But take a closer look it becomes obvious that each one serves very different purposes and has very different potential, according to Ramit Sethi, personal finance influencer, New York Times bestselling author and host of Netflix's 'How to Get Rich.' First, an overview. This is an investment account with certain tax advantages that is designed to help you save for retirement. Within an IRA, you hold various investments, from cash to stocks and bonds, EFTs, mutual funds, and more, which grow over time. There are limits on how much you can contribute and when you can access your money. There are also different types of IRAs, such as traditional and Roth IRAs, with different tax advantages and rules for withdrawal. Trending Now: Think of a CD as a savings account, with a few distinctions. First, while a CD might offer a better interest rate, the best CDs as of Jun. 5 still only yield 4.6%. Second, unlike a normal savings account, with a CD you must agree not to touch your money for a certain amount of months or years. If you do, you pay a hefty penalty. Most CDs are FDIC insured up to $250,000, however. Hands down, according to Sethi, an IRA is the one to choose to build real wealth. That's because, while CDs are very safe, they struggle to earn enough to keep up with inflation. In fact, said Sethi, often, you're going backward — losing money to inflation. So, said Sethi, 'unless you're allergic to risk, your money deserves better than a glorified piggy bank.' IRAs, on the other hand, can power up your wealth. But it might take some time. Sethi gives this example: If you invested $6,000 a year in an IRA starting at 25 years old, and earned a very achievable 7%, by age 65, you would have $1.4 million. That's a nearly six-fold increase in your money. And since the average return of the S&P 500, a relatively safe investment option, is 10%, you could do even better. The trick, and the most difficult part, is the discipline to put a decent chunk of your take home into savings in the first place. Nail that and you probably don't even need Sethi's advice on how to get rich. More From GOBankingRates 5 Types of Cars Retirees Should Stay Away From Buying This article originally appeared on People Are Flocking to IRAs and CDs, But Only 1 Will Make You Richer, Says Ramit Sethi Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Most Americans Can't Cover A $2,000 Emergency As Inflation Keeps Eating Their Paychecks, Survey Shows
More than half of U.S. adults could not pay a $2,000 emergency bill from savings, the Federal Reserve's latest survey data shows, shining a light on the fragility of family finances despite a strong labor market. What Happened: According to the survey of Household Economics and Decision-Making, only 48% said they would cover the expense with cash on hand. The rest would borrow, cut spending, or simply default. Inflation tops the list of worries for the third straight year. 37% of respondents called rising prices their main financial challenge, up from 35% last year and four times the 2016 level. Separate Bankrate polling finds just 44% of households have enough savings to handle a $1,000 shock, a share that's barely changed since 2022. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share. Invest where it hurts — and help millions heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Savings gaps stretch wide. 18% of adults keep less than $100 set aside, 13% hold between $100 and $499, and another 10% sit in the $500-to-$999 range. Fed researchers say those figures mirror the 62% who still live paycheck to paycheck, a proportion LendingClub confirms in data from late 2023. Why It Matters: Economists warn that the thin cushions leave households vulnerable to even modest setbacks. Personal-finance nonprofit NEFE notes growing support for mandatory high-school money courses after studies link class-takers to higher emergency funds and lower late fees. Twenty-three states now require the instruction, up from 17 before the pandemic. Policymakers see mixed signals. The Fed report shows 55% of adults have rainy-day savings equal to three months of expenses, yet that share trails the 59% peak hit in 2021. With prices still climbing at 3% annually, CFPB data show late-payment rates on credit cards and auto loans are at their highest in years. New York Times best-selling author Ramit Sethi, who also hosts Netflix's new show 'How to Get Rich,' urges families to automate transfers into high-yield accounts and aim for at least one month of expenses before tackling larger goals. Read Next: How do billionaires pay less in income tax than you? Tax deferring is their number one strategy. Bezos' Favorite Real Estate Platform Launches A Way To Ride The Ongoing Private Credit Boom Image via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Most Americans Can't Cover A $2,000 Emergency As Inflation Keeps Eating Their Paychecks, Survey Shows originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
08-06-2025
- Business
- Time of India
Millionaire author Ramit Sethi reveals the hardest conversation he ever had was with his wife, and the surprising lesson it taught him
Ramit Sethi , the self-made millionaire behind the bestselling I Will Teach You to Be Rich and host of Netflix's How to Get Rich , has built an empire around personal finance. He's coached countless couples on navigating money, wealth, and relationships. But when it came to one crucial financial conversation in his own life, Sethi found himself at a loss—and sweating. On a candid and emotionally charged episode of his Money for Couples podcast, Ramit sat down with his wife Cassandra to relive what they both agree was the most difficult money conversation they've ever had: negotiating their prenuptial agreement before their 2018 wedding. 'It still makes me sweat just thinking about it,' Ramit admitted. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates Undo The Conversation That Almost Broke Them The discussion started with calm intentions. Ramit had done his research, asked for advice, and prepared his words. Cassandra, though unfamiliar with prenups, was open to learning more. But as negotiations unfolded, emotions flared. What began as a legal and logical talk about finances quickly became a deeply personal and confusing experience for both. Ramit approached the prenup like a spreadsheet—straightforward, numbers-driven, rational. Cassandra saw it differently. To her, money represented safety, security, and trust. The couple found themselves speaking different emotional languages. You Might Also Like: Nexus author Yuval Noah Harari warns of AI's deeper emotional threat beyond job loss: 'The danger is enormous...' 'I was very confused, very hurt,' Ramit said. 'I wasn't trying to trick anybody. But I wasn't understanding what Cassandra really needed from me in that moment.' How a Single Question Changed Everything Realizing they were hitting a wall, Cassandra suggested therapy. In one pivotal session, a therapist asked a deceptively simple question: 'How do you each view money?' Ramit's answer was immediate: 'Growth.' Cassandra's was 'Safety.' That one-word contrast cracked open a new level of understanding. Cassandra didn't find comfort in financial figures or investment projections—she needed emotional reassurance. And Ramit, despite his money mastery, realized he had completely overlooked the emotional weight his approach carried. You Might Also Like: 'Why do kids even go to school?': Kourtney Kardashian sparks uproar with bold parenting rant on Khloé's podcast 'In retrospect, she wasn't asking me for a spreadsheet,' Ramit reflected. 'She was feeling something. And I should have been listening better, asking more questions.' 'I Need You to Get Better at Money' For Cassandra, Ramit's words during that period stuck: 'I need you to get better at money.' She took it seriously—not out of obligation, but because she wanted to grow. She studied prenups, strengthened her financial literacy , and eventually found confidence in managing money. But Ramit, too, had to evolve. He learned that understanding finances wasn't enough—understanding his partner was even more essential. Seven years later, the Sethis say that emotionally turbulent conversation gave them one of the most powerful lessons of their marriage. You Might Also Like: 'No critical thinking. Even IIT toppers chasing jobs at JP Morgan': Hotmail founder Sabeer Bhatia lashes out at Kota and JEE preparation A Blueprint for Real Wealth in Relationships Today, the couple sees their early financial friction as foundational. Ramit credits Cassandra with teaching him the importance of emotional check-ins. Cassandra says Ramit's belief in abundance and self-trust reshaped her relationship with money. 'It's changed how I relate to people,' Ramit says. 'Not just in finances, but in life.' Their story—raw, real, and refreshingly honest—underscores a larger truth. Even the wealthiest, most financially literate people struggle when love and money intersect. And yet, with communication, humility, and willingness to learn from each other, even the hardest conversations can become the most transformative. So, if you're sweating over that difficult money talk with your partner—take a breath. Even a millionaire had to start somewhere.
Economic Times
08-06-2025
- Business
- Economic Times
Millionaire author Ramit Sethi reveals the hardest conversation he ever had was with his wife, and the surprising lesson it taught him
Ramit Sethi, author of I Will Teach You to Be Rich, opens up about a deeply personal financial challenge—his prenup talks with wife Cassandra. Despite wealth and expertise, the couple faced emotional roadblocks that only therapy helped untangle. (Screenshot: Instgram/Ramit) Ramit Sethi, the self-made millionaire behind the bestselling I Will Teach You to Be Rich and host of Netflix's How to Get Rich , has built an empire around personal finance. He's coached countless couples on navigating money, wealth, and relationships. But when it came to one crucial financial conversation in his own life, Sethi found himself at a loss—and sweating. On a candid and emotionally charged episode of his Money for Couples podcast, Ramit sat down with his wife Cassandra to relive what they both agree was the most difficult money conversation they've ever had: negotiating their prenuptial agreement before their 2018 wedding. 'It still makes me sweat just thinking about it,' Ramit admitted. The discussion started with calm intentions. Ramit had done his research, asked for advice, and prepared his words. Cassandra, though unfamiliar with prenups, was open to learning more. But as negotiations unfolded, emotions flared. What began as a legal and logical talk about finances quickly became a deeply personal and confusing experience for both. Ramit approached the prenup like a spreadsheet—straightforward, numbers-driven, rational. Cassandra saw it differently. To her, money represented safety, security, and trust. The couple found themselves speaking different emotional languages. 'I was very confused, very hurt,' Ramit said. 'I wasn't trying to trick anybody. But I wasn't understanding what Cassandra really needed from me in that moment.' Realizing they were hitting a wall, Cassandra suggested therapy. In one pivotal session, a therapist asked a deceptively simple question: 'How do you each view money?' Ramit's answer was immediate: 'Growth.' Cassandra's was 'Safety.' That one-word contrast cracked open a new level of understanding. Cassandra didn't find comfort in financial figures or investment projections—she needed emotional reassurance. And Ramit, despite his money mastery, realized he had completely overlooked the emotional weight his approach carried. 'In retrospect, she wasn't asking me for a spreadsheet,' Ramit reflected. 'She was feeling something. And I should have been listening better, asking more questions.' For Cassandra, Ramit's words during that period stuck: 'I need you to get better at money.' She took it seriously—not out of obligation, but because she wanted to grow. She studied prenups, strengthened her financial literacy, and eventually found confidence in managing money. But Ramit, too, had to evolve. He learned that understanding finances wasn't enough—understanding his partner was even more essential. Seven years later, the Sethis say that emotionally turbulent conversation gave them one of the most powerful lessons of their marriage. Today, the couple sees their early financial friction as foundational. Ramit credits Cassandra with teaching him the importance of emotional check-ins. Cassandra says Ramit's belief in abundance and self-trust reshaped her relationship with money. 'It's changed how I relate to people,' Ramit says. 'Not just in finances, but in life.' Their story—raw, real, and refreshingly honest—underscores a larger truth. Even the wealthiest, most financially literate people struggle when love and money intersect. And yet, with communication, humility, and willingness to learn from each other, even the hardest conversations can become the most transformative. So, if you're sweating over that difficult money talk with your partner—take a breath. Even a millionaire had to start somewhere.
