Money is Expensive

01/05/2021

Dave Ramsey

If you can't pay cash, don't buy it.

This doesn't include a mortgage. Just make sure you're out of all other debt and have a 3-6 month emergency fund FIRST. (Don't get a mortgage that's more than 25% of your take-home pay on a 15-year, fixed-rate.)

If you're tired of just making minimum payments and living paycheck to paycheck, there is HOPE.

Ramsey+ is an all-access membership to everything you need to help you WIN with money—all in one place. It includes our bestselling money tools, apps, content and resources to help you take control of your money for good, and say "NEVER AGAIN" to money stress and money problems.

Start a FREE trial of Ramsey+ today: https://bit.ly/2LM1Rdg

01/05/2021

Dave Ramsey

Make 2021 the year you start budgeting. Create a new budget each month, and track your expenses as you go. You'll feel like you got a raise. Seriously. When you know where each dollar is going, you'll see just how many dollars you actually have.

Get started with my team's budgeting app, EveryDollar: https://bit.ly/3p3dv1U

12/28/2020

3 ETFs That Tesla Drives

3 ETFs That Tesla Drives

Discover three ETFs with Tesla leading the fund to help charge up your exposure to the electric car marker.

11/27/2020

Opinion | In Praise of Janet Yellen the Economist

Opinion | In Praise of Janet Yellen the Economist

She never forgot that economics is about people.

11/24/2020

Wads

Wads

It's time for some new money moves...

11/10/2020

AMC Theatres Launches Private Movie Screen Rentals | Hollywood Reporter

MIE likes...

AMC Theatres Launches Private Movie Screen Rentals 6:33 AM PST 11/10/2020 by Etan Vlessing FACEBOOK TWITTER EMAIL ME Noam Galai/Getty Images AMC Theatres The exhibition giant is following Cinemark and Alamo Drafthouse in offering private screenings for up to 20 friends and family members amid the pa...

10/31/2020

Moral policy = good economics: What’s needed to lift up 140 million poor and low-income people further devastated by the pandemic

Moral policy = good economics: What’s needed to lift up 140 million poor and low-income people further devastated by the pandemic

Seven months into a global pandemic, U.S. families are suffering: 225,000 lives have been lost, 30 million workers have lost either jobs or significant hours of work, nearly every state is facing sharp drops in revenue that will threaten even more cuts to essential social programs and jobs, and the....

10/31/2020

Economic Policy Institute

This week, we count down the top 5 charts showing what's at stake for workers.

5. As Social Security payments rose over the last 60 years, senior poverty declined dramatically. Social Security is the most successful anti-poverty program, and it must be protected and expanded. https://bit.ly/3kSwquo

4. The number of people on unemployment insurance remains breathtakingly high. Nearly 22 million more people are on UI now versus one year ago, and they have gone over 12 weeks without the extra $600 in benefits that Senate Republicans allowed to expire. https://bit.ly/2GeM7xc

3. If the minimum wage had been raised to $2 in 1963, with future increases tied to the cost of living, it would be $14.79 in 2020—more than twice its current value of $7.25. Five years of increases could reverse that trend. https://bit.ly/3efnMUr

2. Because of the types of jobs women have had―including disproportionate caregiving responsibilities―women have faced disproportionate job loss during the COVID-19 pandemic. Black and Latina women workers, in particular, have suffered most. https://bit.ly/2JfMusl

1. A chart that says it all: Although Americans are working more productively than ever, the fruits of their labors have primarily accrued to those at the top and to corporate profits, especially in recent years. https://bit.ly/34G8SU0

10/23/2020

Dave Ramsey

Dave Ramsey

Get 'em.

10/05/2020

Opinion | Can You Guess Trump’s Record?

Opinion | Can You Guess Trump’s Record?

Take our quiz showing seven ways the country has changed under Trump.

09/19/2020

Dave Ramsey

09/19/2020

Dave Ramsey

Make a plan and stick to it. You've got the control!

09/19/2020

Economic Policy Institute

50 years ago, teachers' weekly wages were 7.1% less than similar college grads. Now, teachers are paid 19.2% less than similar workers.

Read our new report: https://www.epi.org/publication/teacher-pay-penalty-dips-but-persists-in-2019-public-school-teachers-earn-about-20-less-in-weekly-wages-than-nonteacher-college-graduates/

09/19/2020

Economic Policy Institute

Racial disparities in income remained largely unchanged amid strong income growth in 2019. The median Black household earned just 61 cents for every dollar of income the median white household earned, while the median Hispanic household earned 74 cents.

African American households finally surpassed their pre-recession median income 12 years after the start of the Great Recession—the last racial group to do so. Unfortunately, this recovery has been cut short by massive job losses during the pandemic.

Learn more: https://www.epi.org/blog/racial-disparities-in-income-and-poverty-remain-largely-unchanged-amid-strong-income-growth-in-2019/

09/08/2020

How this income ETF ranked first

How this income ETF ranked first

In a zero-yield environment, people flock to high-yield income ETFs, but many face the risk that high-yielding dividends will be cut reducing income. The StrategyShares Nasdaq 7Handl Index ETF is the only fund that seeks to pay a consistent distribution with a 7% yield.

08/24/2020

M1 Finance

M1 Finance

Your financial future is calling. Answer with M1. Grow your wealth with total control of your investments—for free.

08/18/2020

Economic Policy Institute

A rigged economy: CEO pay surged 14% in 2019 to $21.3 million on average, and they now earn 320 times as much as their typical workers. CEO compensation grew by 1,167% from 1978 to 2019, while the compensation of a typical worker rose just 13.7%.

While Congress, namely Senate Republicans, can’t even agree to give $600 to unemployed workers during a pandemic, they have looked the other way as CEO pay has skyrocketed for decades.

Read our new report: https://www.epi.org/publication/ceo-compensation-surged-14-in-2019-to-21-3-million-ceos-now-earn-320-times-as-much-as-a-typical-worker/

08/16/2020

Dave Ramsey

Dave Ramsey

HINT: They're NOT a secret . . .

08/13/2020

7 Money Secrets Every Married Couple Should Know Right Now – The Penny Hoarder

7 Money Secrets Every Married Couple Should Know Right Now – The Penny Hoarder

Categories Save Money 7 Money Secrets Every Married Couple Should Know Right Now Post author By The Penny Hoarder Staff Post date July 15, 2020 Some of the links in this post are from our sponsors. We’re letting you know because it’s what Honest Abe would do. After all, he is on our favorite coi...

08/06/2020

7 Mistakes People Make When Choosing a Financial Advisor

7 Mistakes People Make When Choosing a Financial Advisor

Choosing a financial advisor is a major life decision that can determine your financial trajectory for years to come.

08/06/2020

6 Lessons to Take From Millionaires Who Are Really Good With Money – The Penny Hoarder

6 Lessons to Take From Millionaires Who Are Really Good With Money – The Penny Hoarder

Categories Uncategorized 6 Lessons to Take From Millionaires Who Are Really Good With Money Post author By The Penny Hoarder Staff Post date July 22, 2020 Some of the links in this post are from our sponsors. We’re letting you know because it’s what Honest Abe would do. After all, he is on our f...

08/04/2020

How is COVID-19 affecting America’s rich?

How is COVID-19 affecting America’s rich?

Kelsey Wu, Marco Fengler, Thomas Mitterling, and Max Thomasberger show where the wealthy live in the United States and how COVID-19 will affect them.

07/31/2020

Dave Ramsey

While you're working the 7 Baby Steps, use this method to save up for large expenses that you know are coming soon.

People who win with money are people who have a PLAN.

07/30/2020

Why a new generation of Black farmers is getting into the business

Why a new generation of Black farmers is getting into the business

There were only 45,500 Black farmers — roughly 1.3% of all US farmers — in the United States in 2017. That figure was much higher a century ago. But a new generation of young Black farmers is still getting into the business.

07/18/2020

Black Enterprise

MIE news...

America's 1st Black Billionaire On Distributing $14 Trillion in Reparations #FromTheCornerOffice

07/17/2020

Congrats...

AWESOME! Way to go! 👏

"Probably the biggest adult flex there is... I AM DEBT FREE!!!!!! 🎉🎉🎉🎉 Back when I started my career, I was making way more money than I ever did in my life. My first two paychecks, I can’t even tell you where it went/ what I spent it on. That’s when I started to do research about financial planning and found Dave Ramsey. I read his book Total Money Makeover, and realized that having debt shouldn’t be the “norm.” So I started budgeting, paying my debt intensively and I stuck by it. From reading the book, the stories of others’ financial journeys made me even more grateful for the parents I have, the scholarships I received and a hospital that paid for my tuition because I was able to graduate without student loans. The only debt I had was my new car that I was forced to get due to an accident (was very close to paying the car before it off). I knew the goals I had, so I bought my “mom car” w longevity in mind, literally till the wheels fall off. And now... that car is mine!!!! I am happy that I learned at such a young age that just because others have debts, doesn’t mean I have to have any. I’ve also realized I have a lot of discipline when it comes to making financial decisions.Now on to baby step 3 (building my emergency fun- for all you non Dave Ramsey followers).... then saving for moving out (finally), my possible return to school & investing!!! And duh, now I’ll have money for all the trips I could ever take in the world!!!! Here’s to NEVER having a car payment ever again. And being able to live like no one else 🤍"
— Toni

07/16/2020

Dave Ramsey

Dave Ramsey

Saving money is a GOOD thing.

When you have more money in savings, and less debt, you'll begin to feel financial peace. THEN, you’ll start spending more money. When people aren’t giving their income away to banks and car companies in the form of payments, they free up their money to SPEND some of it.

Being wise with money will NOT crash the economy.

07/07/2020

How to build Black wealth

How to build Black wealth

Bill Gale writes that to close the entire Black-white wealth gap, policy reform should aim to both redress injustices committed in the past and to provide equal opportunity for all today.

07/05/2020

Dave Ramsey

“You will be the same person in five years as you are today except for the people you meet and the books you read.” — Charlie Tremendous Jones

Reading is essential to your growth, especially if you're a leader.

Check out the list of 100 books that my EntreLeadership team recommends: https://bit.ly/LeadershipReadingGuide

07/05/2020

Analysis | The richest 1 percent now owns more of the country’s wealth than at any time in the past 50 years

Analysis | The richest 1 percent now owns more of the country’s wealth than at any time in the past 50 years

Income inequality is bad enough, but wealth inequality is way worse.

02/21/2020

Can You Really Catch Up on Your Retirement Savings?

Can You Really Catch Up on Your Retirement Savings?

Four fast ways you can catch up and give your nest egg a boost.

02/06/2020

Chris Hogan

Chris Hogan

Here are seven of the changes in the Secure Act that you need to be aware of!

01/29/2020

Dave Ramsey

If this sounds like you, you owe it to yourself to make a change.

Get started now with my team's free assessment that will give you a custom plan for your money: http://bit.ly/38uyTWb

01/29/2020

Dave Ramsey

Dave Ramsey

You don't have to earn six figures to make wealth a reality.

01/24/2020

Ally

Ally

Is your bank helping you make money? We didn’t think so. With a $25,000 deposit, our 11-Month No Penalty CD gives you the flexibility you want.