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.
The pandemic was difficult for the nation's restaurant industry. And one of New York City's famous Delmonico's is ready to look past that and toward the future when it reopens on Friday. Max Tucci, Delmonico's global brand officer, and Dennis Turcnovic, owner of Delmonico's, both joined Cheddar News to discuss the history of the restaurant, how it always bounces back and what delicious offerings the menu has.
The HBCU Transformation Project, a coalition of 40 historically Black colleges and universities, on Wednesday announced a $124 million gift from philanthropic funders Blue Meridian Partners to increase enrollment, graduation rates and employment rates for the schools' graduates.
Lucas Jensen, senior manager of company-operated locations, and Gabi Picinic, general manager, both of 'The Melting Pot,' joined Cheddar News to demonstrate how to go about a chocolate fondue at home, explaining the process and ingredients needed to do so.
