Finally Hit It Rich? Here are the Top 5 Reasons To Never Share That With Anyone (even your closest friends)

Vishesh Raisinghani   Mon, June 2, 2025  Moneywise

If you’ve managed to accumulate some wealth, showing it off can often be tempting. After all, what’s the point of success if you can’t indulge in it?

However, a growing cohort of ultra-wealthy Americans are trying to conceal their wealth rather than flaunt it openly. Here are five reasons why stealth wealth or quiet luxury lifestyles are gaining traction and why you should consider concealing the true extent of your fortune.

6 Money Lessons From Rachel Cruze That People Hate the Most

Nicole Spector  Mon, June 2, 2025   GOBankingRates

“The truth hurts!” is the kind of puerile retort we’re used to hearing in elementary school scrimmages and on trashy daytime talk shows. Yet, sometimes, this is a pretty spot-on sentiment. Scientific research has found that hearing the truth really can be hurtful. But it’s also usually necessary for growth. And this applies to our financial lives as much as, if not more than, anything else.

In her more than 15 years of working in the personal finance space, Rachel Cruze has found that there are some money truths, or lessons, that especially rub people the wrong way. Here are the six things that Cruze teaches about money that folks hate to hear about the most.

Benefits of a Cash Budget – Part 2

Written by Sam - 

In part 2, I explain how budgeting will help save you time in the budgeting process.

How Cash Will Cut Your Budgeting Time By 80%

Think for a second about entering transactions into financial software like Quicken or YNAB. What are most of the transactions? By far the majority of the transactions come from categories like groceries, household, or entertainment. They are purchases at the grocery store, or walmart, or the corner convenience store.

What if you took those transactions away. For most people, there are only a handful or two of transactions left that occur every month. You might have utilities, a cell phone bill, a few gas transactions, but that’s about it.

Benefits of a Cash Budget – Part 1  

Written by Sam

In this article series of articles, I have recorded somewhat of a manifesto for using cash in your budget.

That’s right, I’m talking about using cash in your budget. Using cash in your budget is a tough topic. People shy away from it and toss it aside as being too much of a hassle. I want to challenge you to put those beliefs aside for a moment and let me make a case for using cash.

The fact is, I know how you feel. Using cash in our budget was one of the things I fought against most. We started using cash as part of Financial Peace University. It was one of those concepts I was ready to ignore and tried to convince my wife that we shouldn’t use cash. But she wanted to give it a shot and since I’d agreed to follow the program, I reluctantly went along.

I’m glad I did.

11 Guidelines For Using Cash In Your Budget

Written by Sam

Here’s how to tell in which categories you should use cash.

1. You Don’t Have To Use Cash For Everything

To reap the benefits of using cash in your budget, you don’t have to go exclusively to cash. Some may choose to go exclusive, but it’s not necessary. Instead, identify which categories will be most effective for using cash using the tips below.  You should use cash for categories where either you tend to overspend or where there are a lot of transactions in a month.

Groceries are a main perpetrator of both those criteria which is why I absolutely recommend funding that category with cash. Other problem categories are ones relating to household spending (light bulbs, cleaning products, etc), eating out, personal, and entertainment.

5 Basic Money Skills Many Americans Don’t Know

Ashley Donohoe  Thu, May 29, 2025   GOBankingRates

A Pew Research study found that 46% of Americans didn’t have at least a fair amount of knowledge of personal finances. Unfortunately, lacking financial literacy can put you at risk of taking on too much debt, not having enough for retirement and being unable to cover expenses.

In a YouTube video, money expert George Kamel reacted to this study’s findings and gave straightforward advice on handling five essential money tasks that many American adults struggle with. Learn how to boost your skills in these popular weak areas.

5 Money Mistakes Even Financially Savvy People Make

Cindy Lamothe  GOBankingRates

No matter how great you are at managing your finances, no one is immune to making the occasional money mistake — and some of these can be dire.

“It’s important to recognize that some seemingly minor errors can have significant long-term effects,” said Michael Ashley, finance expert and founder of Richiest.

While everyone has financial blind spots, the good news is you can learn about them before they cause you problems. Here are some of the top money mistakes even the most financially savvy folks make.

Earning passive income doesn't need to be difficult. You can start this week.

10 Sources Of Emergency Cash, Ranked From Best To Worst

Christine Benz of Morningstar  Tue, May 27, 2025

If unanticipated expenses exceed your emergency fund, here’s a look at where to go next.

1. Your Own Emergency Fund/Short-Term Securities

Emergency funds should be held outside of tax-sheltered wrappers and include highly liquid investments like bank savings accounts, money market accounts, and so on.

2. Low-Risk Assets In Taxable Account

Next, look at other taxable holdings: investments in brokerage accounts, outside the confines of tax-sheltered vehicles.

When identifying possible securities that you could sell to raise funds, focus on liquidity, tax consequences, and any commissions you’ll owe.

5 Things You Should Discuss During Your First Meeting With a Financial Advisor

Gabrielle Olya   Mon, March 10, 2024

A financial advisor can be an excellent resource to help you make a plan for your money both now and in the future. But if you’re new to this world, you might not know how to make the most of your time during an initial meeting. In today’s “Financially Savvy Female” column, we’re chatting with Jane Voorhees, CFP, director of financial planning at ALINE Wealth, about how to prepare for a first meeting with a financial advisor and what topics you should be discussing.

5 Suze Orman Money Tips For a Financial Fresh Start

Nicole Spector   Tue, May 27, 2025   GOBankingRates

Financial guru Suze Orman has long been dedicated to helping the average American reach financial freedom. In an article posted on Oprah.com, Orman delved into 10 of her top tips on how to get a fresh financial start, which can help you get your finances on track.

GOBankingRates highlighted five of Orman’s standout, practical and realistic tips.