All posts tagged: debt-free

Viral clip of US millionaire refusing father’s k request shocks Indians

Viral clip of US millionaire refusing father’s $55k request shocks Indians

A clip from The Ramsey Show that shows an American woman on the fence about paying off her father’s debt has left Indians shocked. The segment has gone viral on X, where hundreds of users expressed surprise at her hesitation, arguing that she could comfortably afford the $55,000 payment given that her net worth is estimated to be between $2 million and $3 million. The American woman called The Ramsey Show to talk about her dilemma. The clip and the reactions to it highlight the cultural differences between the Indian and the American family system. American woman’s indecision The Ramsey Show follows a call-in format in which listeners seek advice on personal finance issues. In a recent episode, a 56-year-old woman called host and personal finance author Dave Ramsey to seek guidance on a dilemma involving her father. She explained that her father and his wife had asked her and her husband to pay off $55,000 in debt. The caller later revealed that she and her husband have a net worth of roughly $2 million …

Lee Sang-min reveals earning 1.5 billion won a year after clearing billions in debt

Lee Sang-min reveals earning 1.5 billion won a year after clearing billions in debt

Singer-songwriter and TV personality Lee Sang-min’s financial history has been in the spotlight for years in South Korea. Lee Sang-min (Photo: X) The artiste had accumulated approximately 6.9 billion won in debt in 2005 after a series of failed business ventures. It took him 17 years to clear it all and in 2024, he finally became debt-free. But recently, his new financial state came to light on a game show, leaving everyone surprised. In the latest episode of the Wavve survival reality show Blood Game X, which released on Friday, Sang-min revealed that he earned 1.5 billion won (approx ₹9.33 crore) last year. The cast members on the show were asked to reveal their previous year’s income as part of a challenge which would determine their team’s starting funds. Lee was leading team P1, which saw his fellow contestants reveal their earnings to be 50 million won (approx ₹31 lakh), 80 million won (approx ₹50 lakh) and 200 million won (approx ₹1.24 crore), respectively. Then, Lee shared his figure of “1.5 billion won”, which left …