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Bill Rancic Shares His Top Financial Tips for the New Year (Exclusive)

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Bill Rancic Shares His Top Financial Tips for the New Year (Exclusive)

Bill Rancic is bringing his years of entrepreneurial success in the boardroom to the Us Weekly studio by sharing his greatest lessons learned and best advice going into the new year.

“I think, today, the biggest financial mistake people make is that they spend more than they can make, and that’s it,” Rancic, 53, exclusively told Us while discussing his new “Dollar Bill” podcast. “I always go back to what my father told me. ‘It’s not how much money you make, it’s how much money you save.’ So, you have to be a disciplined saver, even if it’s $10, $20, $50 a week — whatever it is, get in that habit. Don’t ever not do it, and you’ll be shocked at what happens in 20 or 30 years from now.”

Rancic is best known as the original winner of The Apprentice. After his reality television success in 2004, Rancic went on to launch a string of successful businesses, including the RPM restaurant chain with his wife, Giuliana Rancic. Bill’s latest venture is his “Dollar Bill” podcast, which further delves into the world of finance.

In terms of his savings tips, he gave Us further clarification on how to keep assets safe and secure.

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“The money you save is really going to be up to you and [you should] find a good financial advisor,” Bill told Us. “[It should be] someone who can give you guidance on how you should invest it, but it definitely should be going to work for you.”

Bill also explained why individuals should “never sell anything unless [they] have to.”

“It depends on what it is,” he noted. “If it’s a depreciating asset, you should sell it. If it’s something like real estate, investment property [or] something that God isn’t making any more of, you want to keep it and pass it down from generation to generation, if you can.”

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Bill Rancic Gives Us His Top Financial Tips for the New Year And How to Avoid Massive Mistakes

Bill Rancic
Us Weekly

In fact, Bill believes that financial health is “just as important” as a person’s physical health, going on to add that he believes the two are actually linked.

“When you’re financially stressed, it causes stress on your body and if you look at a number one cause for divorce, it’s money,” he told Us. “Money, in many cases, is very troublesome for people and it causes them a lot of pain and suffering. So, you have to have good financial health in order to have a healthy life, a healthy marriage [or] a healthy family.”

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Related: Billy Porter, Donna Kelce, Guerdy Abraira and More Share Go-to Advice

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from heartbreak “Take it one day at a time until you can add more to your plate. […]

The former Giuliana and Bill star also gave Us his three top tips for starting a new business.

“One is [to] embrace a term called ‘practical execution,’ which essentially means stop talking, start doing — actions speak louder than words,” Bill said. “Secondly, you have to be agile. You have to adapt, adjust, react, and if you’re not agile, you become extinct. And thirdly, it’s about risk. It’s about understanding risk, respecting risk, and converting risk into success.”

For more of Bill’s financial words of wisdom, watch the video above.

With reporting by Christina Garibaldi 

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Simply Asset Finance reaches $2.6bn loan origination milestone in 2025

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Simply Asset Finance reaches .6bn loan origination milestone in 2025

Simply Asset Finance has reported that its total loan origination reached £2bn ($2.6bn) in 2025, following its growth and lending activity during the period.

During 2025, the company’s gross loan book increased to £543m and its customer base grew to 13,000.

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Additional digital platforms came online, and commercial loans were added to the range of available finance solutions.

Improvements in the company’s own technology and stronger results in various regions contributed to increased efficiency in lending operations and a broader local presence for SME clients.

In July, Simply Asset Finance introduced Kara, an AI-powered virtual agent.

Kara uses the company’s past data to enhance user interactions, streamline internal processes, and speed up decisions on lending applications.

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Simply Asset Finance CEO Mike Randall said: “Our growth this year has built on the momentum of 2024, and reaching £2bn is a clear milestone for the business. All our channels have driven that progress, with rising demand for specialist lending helping us expand our footprint and support even more SMEs across the UK.

“Despite a year of challenging economic conditions, small businesses have remained resilient and ready to invest. Kara has been central to meeting demand quickly and efficiently –  and we expect her value to our customers will only grow.

“As we head into 2026, we’re focused on carrying this momentum forward and working with even more brilliant businesses to unlock their potential.”

Last month, Simply Asset Finance became a Patron lender of the National Association of Commercial Finance Brokers (NACFB).

This partnership is aimed at supporting the broker community in the UK and increasing access to asset finance and leasing products through wider distribution. 

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The NACFB is known as an independent UK trade association for commercial finance intermediaries, promoting cooperation between lenders and brokers across the sector.

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Baker McKenzie Welcomes Finance & Projects Principal Matthias Schemuth in Singapore | Newsroom | Baker McKenzie

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Baker McKenzie Welcomes Finance & Projects Principal Matthias Schemuth in Singapore | Newsroom | Baker McKenzie

Baker McKenzie today announced that leading project finance lawyer Matthias Schemuth has joined the Firm’s Singapore office* as a Principal and Asia Pacific Co-Head of Projects in its Finance & Projects practice, alongside Partner Jon Ornolffson in Tokyo.

Matthias joins the Firm from DLA Piper, bringing more than 20 years of experience in the energy and infrastructure sectors across Asia Pacific. He advises sponsors, developers, commercial banks, multilateral lending agencies, and export credit agencies on the structuring and financing of large-scale projects. His practice also spans international banking, structured commodity and trade finance, with a strong focus on emerging markets. Matthias has been consistently recognised by Chambers Asia Pacific and Who’s Who Legal as a leading project finance practitioner.

James Huang, Managing Principal of Baker McKenzie Wong & Leow in Singapore, said: “We are excited to welcome Matthias to our team. His expertise and proven record in managing teams will be invaluable as we expand our regional and global finance offerings for clients.”

Emmanuel Hadjidakis, Asia Pacific Chair of Baker McKenzie’s Banking & Finance Practice, commented: “Asia Pacific is seeing strong momentum in infrastructure development, energy transition investments, and cross-border project financing, much of it centred in Singapore. Having Matthias on board will further enhance our ability to help clients seize opportunities in the region’s evolving energy and infrastructure markets.”

Steven Sieker, Baker McKenzie’s Asia Chief Executive, added: “Matthias’s appointment underscores Baker McKenzie’s continued commitment to investing in exceptional talent across key markets to support our clients in navigating today’s increasingly complex business and regulatory environment.”

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Matthias said: “I’m thrilled to join Baker McKenzie and contribute to its strong growth in Asia Pacific. The Firm’s global reach and local depth provide an unparalleled platform for delivering innovative projects and financing solutions to clients in this dynamic region.”

With more than 2,700 deal practitioners in more than 40 jurisdictions, Baker McKenzie is a transactional powerhouse. The Firm excels in complex, cross-border transactions; over 65% of our deals are multijurisdictional. The teams are a hybrid of ‘local’ and ‘global’, combining money-market sophistication with local excellence. The Firm’s Banking & Finance lawyers are ranked in more jurisdictions than any other firm by Chambers.  

Matthias’s hire continues the expansion of Baker McKenzie’s global team. His joining follows the recent arrivals of Carole Turcotte in Toronto; Tom Oslovar in Palo Alto; Jenny Liu in New York and Palo Alto; Helen Johnson, Mark Thompson, Nick Benson, Kevin Heverin, James Wyatt and Michal Berkner in London; Jan Schubert in Frankfurt; Todd Beauchamp and Charles Weinstein in Washington DC; Dan Ouyang, Winfield Lau, and Ke (Ronnie) Li in Beijing, Shanghai, and Hong Kong; and Alexander Stathopoulos in Singapore.

*Baker McKenzie Wong & Leow is the member firm of Baker McKenzie in Singapore

 

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3 finance stocks to buy on rising 10-year Treasury rates

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3 finance stocks to buy on rising 10-year Treasury rates
The Federal Reserve gave investors an early Christmas present by lowering interest rates by 25 basis points (i.e., 0.25%) marking its third rate cut this year. In the past, a change like this in the “long end” of the interest rate yield curve has triggered a predictable, investable pattern. Typically, this pattern would be bearish for finance stocks, particularly banks—investors would buy bank stocks when rates rose and sell them as rates fell….
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