Author: Arabian Media staff
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Key Takeaways Retirees can turn their hobbies into money-making ventures.Starting a blog about your hobby and selling items you no longer use are two ways to make cash.Don’t be shy about promoting and selling your artwork if you’re an artist.Rent out what you no longer use such as a recreational vehicle, swimming pool, or yard.Sell your photography or the produce from your garden. Retirees are finding savvy ways to make money from the hobbies they love. “Turning that hobby or creative venture into something exciting and meaningful financially has so many benefits, from shoring up retirement savings to increasing quality…
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Key Takeaways Buffett has long been a big proponent of the index funds that Bogle helped bring to the masses. However, his public declaration that Bogle is an American hero may have also been influenced by the fact that one of Bogle’s funds just helped Buffett win a $1 million bet. Buffett bet that the Vanguard 500 Index Fund would outperform five funds-of-hedge-funds over a decade—and won by a mile. Warren Buffett once proclaimed that Vanguard founder Jack Bogle “has probably done more for the American investor than any man in the country.” Buffett’s praise appeared to affirm his longstanding…
Healthcare is often very expensive, especially for Americans. There are many factors that contribute to the high cost of healthcare in the country including wasteful systems, rising drug costs, medical professional salaries, profit-driven healthcare centers, types of medical practices, and health-related pricing. Key Takeaways Americans pay almost four times as much for pharmaceutical drugs as citizens of other developed countries.Hospitals, doctors, and nurses all charge more in the U.S. than in other countries, with hospital costs increasing much faster than professional salaries.Prices for drugs and healthcare are partially controlled by governments in other countries, while prices depend on market forces…
Key Takeaways By 60, aim to have saved at least six to eight times your salary—but if you want a real cushion, try to aim for as close to 20 times your income as possible by retirement. The 4% rule offers a solid rule of thumb for your overall retirement goal, but no matter your benchmark, don’t forget to take into account factors like retirement income, potential healthcare needs, and the tax status of your investments. If you’re behind, don’t panic—just focus on what you can control: Save more, spend less, and make the math work for your life. Turning…
Educators all over the country are exploring ways to start teaching financial literacy earlier, including in elementary school. “It’s one thing to know the skills, but it’s also highly beneficial to start learning how to apply them into your everyday life,” said Brittany Griffin, policy and communications deputy at the Utah Office of State Treasurer. “In an ideal world, parents would start talking with their children about money very early on.” A lesson in investing is a key component in teaching financial literacy, which can also include lessons on earning, saving, reducing risk, spending, and borrowing, not only as fundamental concepts…
Key takeaways Side hustles can help you test business ideas and potentially build real wealth—Apple, Twitter, and Instagram all started that way.A side hustle can build skills, confidence, and connections that pay dividends far beyond earning extra cash.Start with clear goals, align your skills with market demand, and use cost-effective tools to set up and promote your business. Track progress, measure your return on time and money, and adapt when needed. Side hustles—secondary jobs or businesses outside your primary occupation—can be a great way to earn extra income or pursue something you truly love. They can also help you test…
If you’re worried about being able to afford retirement, remote work might be your lifeline. Not only can it extend your career, it can also redefine what retirement looks like altogether. Roughly 40% of Americans say they plan to work during their retirement years, according to a study by Northwestern Mutual. That figure climbs to 45% for millennials and 48% for Gen Xers, many of whom aren’t just trying to stay active—they’re trying to stay afloat. For older workers in particular, the rise of remote work could offer the flexibility and freedom to ease into retirement instead of falling off…
Image credit: Getty Images In a groundbreaking move to open up its real estate sector, Saudi Arabia’s Cabinet has approved the use of digital identification for non-resident, non-Saudi foreigners to own property in the country. The decision comes as part of broader efforts to implement the non-Saudi Real Estate Ownership Law, which will come into effect in January 2026, a Saudi Gazette report said. Read-Foreigners owning property in Saudi: The rules you need to know To support the rollout, the General Real Estate Authority will work with the Ministry of Interior, the Saudi Data and Artificial Intelligence Authority (SDAIA), the…
