It apparently takes $2.4 million to be considered rich in America. Unfortunately, not many of us are there yet. Adam Auriemma, Editor-in -Chief at Money joins Your Cheddar to discuss how people can commit to building wealth in the new year...and maybe start their journey to becoming "rich."
Auriemma says that in order to hold yourself accountable you should sign a contract at Stickk.com. It forces you to input what you've saved and what you have to pay! The fees goes to charity, but it's a great way to always remember to think of your wallet. He also reviews a few bad financial habits people should leave in 2017.
Plus, what will the new tax bill mean for freelancers in the future? Auriemma explains why some may want to set up their businesses as LLCs in order to recieve a higher tax benefit.
Updates on what is new in Bachelor Nation, including 'Dancing with the Stars' appearances, a first look at 'Bachelor in Paradise', details on 'The Golden Bachelor', and more
A wealthy dentist convicted of killing his wife at the end of an African safari in Zambia is expected to be sentenced to life in prison Monday for a murder prosecutors say capped off a lifetime “spent seeking domination and control over others through wealth and power.”
