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.
Union leaders and Hollywood studios reached a tentative agreement Sunday to end a historic screenwriters strike after nearly five months, though no deal is yet in the works for striking actors.
Taylor Swift took advantage of an invitation from the All-Pro tight end to see the Kansas City Chiefs play the Chicago Bears at Arrowhead Stadium on Sunday.
Authorities rescued a 17-year-old boy in Southern California after he was kidnapped and held hostage for four days by captors who threatened to harm him if his family did not pay a $500,000 ransom.
