Latest news with #Jelani
Yahoo
4 days ago
- Business
- Yahoo
NY man's debt explodes to $100K in less than a year due to gambling — what Dave Ramsey told him to do ASAP
When Jelani from New York called into The Ramsey Show about his financial problems, he didn't sugarcoat his situation. "I owe over $100,000. I'm kind of lost right now,' he told finance personality Dave Ramsey in a clip posted May 28. 'I don't know if I should file [for] bankruptcy. I just need some advice," he told celebrity finance personality Dave Ramsey. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Jelani shared he owed around $80,000 in credit card debt, $8,500 in student loans and $11,500 on a car loan. His debt accumulated rapidly since Thanksgiving, when he only owed $30,000. A truck driver earning between $110,000 and $140,000 per year, Jelani revealed his debt stemmed mostly from gambling via an online dice game. Ramsey and co-host Jade Warshaw warned Jelani about the mental and financial toll of gambling and the mental traps it creates. "Typically, when you have something that's been such a big part of your life and your habits, just removing it is not enough — you have to replace it with something else," Warshaw said. Jelani admitted he quit gambling cold turkey and hadn't yet sought help through therapy or Gamblers Anonymous, prompting Ramsey to urge him to get support from someone who understands the sobriety process. As for a financial recovery plan, Ramsey laid out a no-frills approach: Create a 'scorched-earth, no life' recovery budget where all spending halts except for necessities and tackling debt. 'Eat peanut butter and jelly. Eat beans and rice. That's it,' Ramsey advised. List debts from smallest to largest and use the snowball method to pay them down aggressively. Pick up extra shifts at work and aim to increase income as much as possible. Ramsey emphasized the urgency of his plan: 'You need to do this in a year to 18 months because that indicates the intensity by which you're running straight into the problem and from the thing that caused the problem — the gambling.' Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Online gambling has grown in America. The American Gaming Association reports online casino revenue increased 28.7% in 2024 from a year earlier in the seven states with full-scale legal iGaming. That figure represents $8.41 billion in growth. Sports betting also went up nationwide in 2024, with revenue increasing 25.4% up to a record revenue of $13.71 billion. Sports betting's rise in recent years may largely be attributed to increased accessibility as more states have legalized the practice. According to the National Council on Problem Gambling (NCPG), an estimated 2.5 million adults in the U.S. meet the criteria for a severe gambling problem in any given year. The organization also notes around 85% of adults have gambled at least once in their lives, while 60% have gambled within the past year, and that some form of gambling is legal across 48 states and the District of Columbia. The NCPG outlines several key warning signs of gambling addiction, which include: Increasing thoughts about, or time and money spent on, gambling Feeling out of control, or continuing to gamble despite negative consequences Chasing losses, or continuing to gamble in an attempt to win back money Feeling restless or irritable when not gambling Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead How much cash do you plan to keep on hand after you retire? Here are 3 of the biggest reasons you'll need a substantial stash of savings in retirement Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
See - Sada Elbalad
05-03-2025
- Entertainment
- See - Sada Elbalad
Libyan Designer Nesrein Jelani Debuts Luxurious Ramadan Collection
Pasant Elzaitony - Yara Sameh The holy month of Ramadan is one of the months in which there are many gatherings and outings, and women search for the perfect modest, elegant, and classy outfits. Therefore, fashion designers aim to present a special collection for the holy month. The Libyan Egyptian-based designer Nesrein Jelani is one of the designers interested in presenting a Ramadan collection. Jelani, who has been residing in Egypt for years, debuted her latest Ramadan collection under the title "Revella" and came modern, sophisticated, and elegant. A simple, different, more modern collection that mixes the European touch and the Arab spirit, combines soft and bold colors and gives women positive energy by highlighting their beauty and delicacy in elegant, modest, and classic outfits. Talking about her inspiration for the collection, Jilani noted: "The name Revella is a woman's name meaning the wild olive tree, which reminds me of the land and the ancient history connected to peace and the deep-rooted Arabism,". "I have described it with glimpses that I see as modern and Arab, blending the ancient history of the East with the modernity of the West," she added. As for the name behind the collection, Jilani explained: "Revella is a woman who shakes off her pain and suffering, determined on moving forward, set on reaching psychological peace, donning on a soft, simple, elegant and modest appearance, carrying an aura majestic, confident, bold, and extravagant, but rich with a simple look that is harmonious with the cuts of the design and harmonious with a contemporary Arab Ramadan look that I intended to demonstrate its simplicity even in the style of hair, makeup, and accessories in the photo shoot and designs that can be worn on occasions outside the Ramadan season as well,". The designer relied on muslin, satin, silk, and tulle fabrics and presented soft details in hand embroidery with crystal, agate, and feathers with the utmost softness. By Nesrein Jelani Regarding the reason for mixing fabrics, Jelani noted: "I send a message in the red design mixed with light gray. I see her shaking off all the pain and seeing the whiteness, peace, and freedom embodied through the sleeve of the colored- feather dress with the wing cut. She obtains her peace by intertwining the red and light gray colors (the price is expensive, and the meaning is beautiful but expensive and tiring). By Nesrein Jelani Some of the cuts highlighted the shape of the wing in the sleeves, shoulder, and back. Sometimes there is fluidity and sometimes there are sharp-cut details. The colors chosen for the collection explain the meaning (strength, boldness, peace, and calm; softness, pride, loftiness, and wealth). This is how Revella imagined it.
