Money, Wealth & Power—A Daily Look at the Financial World
It’s easy to assume that billionaires live flashy lives filled with yachts, designer wardrobes, and private jets. But many of the world’s most financially successful people actually follow surprisingly simple money habits. Warren Buffett, Mark Cuban, and others have built massive wealth not by overspending—but by being intentional, frugal, and disciplined with their money. Here…
When you hear about billionaires like Mark Zuckerberg or Jay-Z taking out mortgages on homes they could easily buy outright, it might seem puzzling. After all, with their wealth, why not just pay cash? The truth is, these financial heavyweights often use mortgages as strategic tools to enhance their financial flexibility and growth. Here’s why…
Magic Johnson’s success didn’t stop at the basketball court. After retiring from the NBA, he became a powerhouse in business, growing his net worth to over $1 billion. But if you ask him what it takes to build real wealth, he’ll tell you it’s not just about stacking money for yourself. His mindset is bigger…
When it comes to purchasing a home, financial expert Dave Ramsey emphasizes three key principles to ensure a sound investment. Let’s explore these guidelines to help you make informed decisions on your home-buying journey. Stay Within Your Budget Dave Ramsey advises that your monthly housing expenses should not exceed 25% of your take-home pay. This…
Bezos’ Gulfstream G700: The Newest Jet in His Fleet Jeff Bezos’ latest purchase? A Gulfstream G700. This sleek jet, which hit the skies in March 2024 after receiving FAA approval, is valued at around $80 million. It’s now Bezos’ fourth private plane, adding to his impressive fleet of luxury aircraft. He already owns two Gulfstream…
The Trump administration’s government spending oversight group, known as DOGE, has made significant inroads into the Internal Revenue Service’s budget, canceling $1.5 billion in technology contracts, according to an executive involved in the effort. Sam Corcos, the chief executive of Levels, a health technology company, and a special adviser to the Treasury Department, revealed the…
Dave Ramsey, the well-known financial advisor and radio host, often shares valuable insights into what separates the financially successful from those who struggle. One key distinction, according to Ramsey, lies in the questions they ask when making a financial decision. (Source: Ramsey Solutions) Wealthy individuals approach a purchase by asking, “How much does it cost?”…
Warren Buffett, the veteran leader of Berkshire Hathaway, has long been a figure of fascination for investors, his track record a testament to decades of astute financial decisions. Since taking the helm 60 years ago, he has steered the company’s Class A shares to a staggering return of over 6,340,000% as of March 18, dwarfing…
Artificial intelligence is reshaping industries at lightning speed, and the workforce is starting to feel it. While many jobs are at risk of being replaced or heavily automated, Bill Gates recently pointed out that only three types of jobs are truly safe from AI in the near future. And unfortunately, creatives didn’t make the cut….
Building Your Starter Emergency Fund Starting your financial journey? First things first: set aside $1,000 for a starter emergency fund. This initial cushion is designed to handle unexpected expenses like minor car repairs or medical bills, preventing you from relying on credit cards or loans. If you’re earning less than $20,000 annually, aiming for $500…