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.
Lenny Rosenberg and Adaeze Nwanonyiri, owners of Bea's Bakery, joined Cheddar News to show people how to take the creation of gingerbread houses to the next level.
Wendy's announced it's bringing back its Frosty key tags for promotion, which gives customers a whole year's worth of Frosties for just $3, with proceeds going to children in foster care.
Julie Boardman, co-founder of The Museum of Broadway, joined Cheddar News to discuss the
history of theater in New York City, showed some of the gallery exhibits and gave a behind-the-scenes tour of how some of the shows are produced.
Dania Diaz, managing director of Roc Nation and one of the founding members of its United Justice Coalition, joined Cheddar News to discuss how the organization helps to address violence in Black and Brown communities and what they expect to talk about at an upcoming summit.
A new study examined the link between mental health and internet use and didn't find that it was consistently linked to negative psychological outcomes.
