Whether you are new to investing and figuring out your personal finances or have been sticking to a strict financial strategy for years, you have likely come across the names Dave Ramsey and Warren Buffett. The two are considered absolute gurus when it comes to any piece of financial advice you would search for from a money expert. Learn More: Dave Ramsey Says This Is the Best Way To Pay Off Debt Find Out: 25 Places To Buy a Home If You Want It To Gain Value Ramsey made his name helping people get out of ...

[Music] Let's go inside out now on Boeing. Shares are up 25% this year and nearly 40% over the last 12 months. Joining us now very pleased to send say is Ben Chakanos who is the aerospace director S&P global ratings.Thank you so much for your time Ben. So how are you looking at this company. I mean it just feels like time and time again we do say we hope that the worst is behind it and it does really feel like it right now.Yeah, I think they've they've had a few good months in terms of uh in terms of delive ...

TotalEnergies' sale of a minority stake in a Nigerian onshore oil producer has fallen through, Nigerian regulators said on Tuesday, in a setback to the French oil major's strategy to sell mature, polluting assets and pay down debt. ...

Core Insights - The article discusses the financial challenges faced by a couple, Katie and Brad, who earn a combined income of $170,000 but struggle with high living costs in San Francisco, leading to a monthly shortfall despite their income [4][5]. Financial Situation - Katie and Brad have approximately $50,000 saved for retirement but have halted regular contributions to their 401(k) due to debt concerns [3]. - Their monthly expenses include $2,500 in rent, childcare costs, and $30,000 in combined student loan and credit card debt, making it difficult to save for future goals [3][4]. Financial Goals - The couple aims to save for a down payment on a home and contribute at least 15% of their income to retirement accounts [2][4]. - They are advised to establish an emergency fund and prioritize debt repayment before focusing on retirement savings [5][12]. Recommended Strategies - The article suggests using Dave Ramsey's 7 Baby Steps approach, which includes paying off debt using the debt snowball method, saving for an emergency fund, and eventually investing in retirement accounts [1][10][12]. - Establishing a realistic budget is emphasized as a crucial first step to understand spending habits and allocate funds for savings and debt repayment [7][8]. Emergency Fund Guidelines - Financial experts recommend saving three to six months' worth of expenses for an emergency fund, with three months being a minimum for those with stable incomes [9][12]. - Once debts are cleared, the couple can redirect funds to enhance their emergency savings and retirement contributions [11].

Group 1 - The average American consumer holds $105,056 in debt as of Q3 2024, reflecting a 2.4% increase from the previous year [1] - A caller named Robert from Chicago reported being $1 million in debt, which includes a $462,000 mortgage, $96,000 in private student loans, and $42,000 in auto loans [2] - Robert's situation is exacerbated by personal loans he made to others, which have not been repaid, highlighting the risks associated with borrowing money to invest [2][3] Group 2 - The average mortgage for consumers is $252,505, with average student loans at $35,208 and auto loans at $24,297, indicating that Robert's debt levels are significantly higher than average [2] - Financial advisors are recommended for individuals in similar situations to help create a debt repayment plan without resorting to private loans [3]

Financial Situation - A single mother in Los Angeles earns $142,000 annually and is considering bankruptcy due to approximately $100,000 in credit card debt, a $4,800 mortgage, and a $125,000 home-equity line for a guesthouse [1] - Her monthly take-home pay is about $9,000, with over half allocated to her mortgage, which does not cover the $1,100 payment on her home-equity loan [2] - The property is valued at nearly $1 million, but she owes about $650,000, having initially put down only 3% and later refinancing, which increased her interest rate [3] Expert Advice - Co-host George Kamel suggests that the caller is focused on the wrong fear, emphasizing the urgency of her financial situation with a quarter-million dollars in debt [4] - Kamel recommends selling the property before considering bankruptcy, as this could eliminate her mortgage, credit card debt, home-equity line, and student loans, leaving her debt-free with cash [5] Rental Income Concerns - The caller hopes to generate $2,500 monthly from a newly built guesthouse once permits are approved, but expresses concerns about safety and potential squatters [6] - Kamel and co-host Jade Warshaw question the feasibility of this plan, noting that even with a net profit of $1,000 per month, it would take about 10 years to recoup the $125,000 spent on construction while still managing existing mortgage and loan payments [7]

Core Insights - Taking out loans for loved ones can lead to significant financial burdens if relationships end, as illustrated by Lily's situation [1][2] - Lily's loan of $35,000 at an 11.49% interest rate has left her solely responsible for the debt after her breakup [2][3] - Legal recourse for Lily is limited, with small claims court unlikely to provide a solution for the remaining balance [3] Financial Situation - Lily's ex-boyfriend has been making minimum payments of $951 per month, which is insufficient to pay down the loan quickly [2] - He has agreed to increase payments to $2,000 per month, but his weekly income of $1,000 makes it challenging for Lily to achieve her goal of repayment within a year [3][4] - Lily's take-home income ranges from $10,000 to $12,000 per month, allowing her to potentially pay off the loan in six months if she focuses on it [4] Recommendations - The hosts advised Lily to stop relying on her ex for repayment and to take control of her financial situation by paying off the loan herself [4] - Suggestions included pausing investments and getting a roommate to help with increased rent costs after the breakup [4][5]

Company Overview - Eastman Kodak is denying reports of shutting down operations and has stated it has "no plans to cease operations" or file for bankruptcy protection [2] - The company aims to "repay, extend, or refinance" its debt before the due date and expects to have a stronger balance sheet by early next year [2] Financial Situation - Kodak is facing ongoing financial challenges, with warnings in its earnings report about lacking "committed financing or available liquidity" to meet debt obligations due within 12 months [1] - The company plans to utilize $300 million in cash from its pension plan termination in December 2025 to address a significant portion of its $477 million in term debt [3] - After addressing the term debt, Kodak will focus on the remaining $177 million in debt and an additional $100 million in preferred stock outstanding [3] Historical Context - Kodak has a long history of financial struggles, particularly as digital technology has surpassed film sales [4] - The company previously filed for bankruptcy in 2012, highlighting its ongoing financial difficulties [4] - Despite challenges, there is a noted resurgence in interest from some Gen Z users in older technologies, such as compact cameras and dumb phones, driven by nostalgia [4]

Core Insights - StealthGas Inc. reported strong profitability in Q1 2025 with a net income of $14.1 million and a basic EPS of $0.38, slightly down from $17.7 million and $0.49 in Q1 2024 [4][12] - Time Charter equivalent revenues decreased by 4.6% year-over-year to $36.9 million due to a muted market [4] - The company has secured approximately 70% of fleet days for 2025 under period charters, generating over $165 million in contracted revenues [4][7] Financial Performance - Revenues for Q1 2025 were $42.0 million, compared to $41.6 million in Q1 2024, attributed to an increase in the average number of vessels owned [4][29] - Voyage expenses increased to $5.1 million from $2.9 million in the previous year, primarily due to higher port and bunker costs [4] - Operating expenses for vessels rose to $13.5 million from $11.5 million, driven by increased crew and maintenance costs [4] Debt Management and Share Repurchase - The company made $34.4 million in debt repayments during Q1 2025 and an additional $19.2 million in the current quarter, with most vessels in the fleet unencumbered [4][10] - StealthGas has spent $1.8 million on share repurchases since March 2025, totaling over $21.2 million since June 2023 [4][10] Fleet and Operational Updates - As of June 2025, the company has a total of 31 LPG carriers, with a total capacity of 349,170 cubic meters [15] - The company is in the process of selling the vessel Gas Cerberus, which is expected to enhance liquidity [8] - An agreement is in principle to purchase the remaining 49.9% share in two vessels from a joint venture partner, expected to consolidate these vessels into the fully owned fleet [9] Market Outlook - The company anticipates normalization of trade flows and improvement in sentiment as LPG shipping fundamentals remain positive despite market uncertainties [10]

Core Viewpoint - Vermilion Energy Inc. has entered into a definitive agreement to sell its Saskatchewan and Manitoba assets for cash proceeds of $415 million, aimed at debt repayment and strengthening its balance sheet [1][2]. Financial Summary - The net proceeds from the transaction will be used for debt repayment, with an expected net debt of $1.5 billion by the end of 2025, resulting in a trailing net debt to FFO ratio of 1.4 times [2][7]. - The assets being sold currently produce approximately 10,500 boe/d, with 86% being oil and liquids, and are forecasted to generate about $110 million in annual net operating income at current commodity prices [3][4]. - The transaction is expected to close in Q3 2025, subject to regulatory approvals [3]. Production and Capital Expenditure - Assuming a mid-Q3 2025 close, Vermilion anticipates full-year 2025 production to average between 120,000 to 125,000 boe/d, with capital expenditures projected between $680 to $710 million, reflecting a reduction of approximately $50 million due to the divested assets [4][5]. - The company will prioritize free cash flow over production growth during 2025 and 2026 amid increased market volatility [4]. Strategic Direction - The transaction is part of Vermilion's strategic plan to enhance its asset portfolio, focusing on long-duration, scalable assets with high return on capital opportunities [5]. - The company aims to strengthen its balance sheet and provide more capital allocation flexibility for its core Canadian and European assets [5][8]. Operational Insights - Vermilion emphasizes health and safety, environmental protection, and profitability as its top priorities [10]. - The company operates in North America, Europe, and Australia, focusing on the exploitation of light oil and liquids-rich natural gas [9].