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.

Share:
More In Culture
Wikipedia's Most Viewed Stories 2023
Wikipedia has released its list of most viewed articles for 2023 with the site seeing over 84 billion visits. The most searched topic was ChatGPT with nearly 50 billion page views
On the Scene: AKC Museum of the Dog
The Museum of the Dog, which opened in 2019, features some of the world's largest collections of canine fine art. Alan Fausel, curator of the AKC Museum of the Dog, joined Cheddar News to discuss the museum's operations and history while also explaining the latest exhibit, "Fashionable Dogs."
Load More