7 Things Wealthy People Do With Their Money (That You Should Also Be Doing)

Jennifer Taylor  Sun, March 2, 2025  GOBankingRates

Wealthy people have a track record of making some pretty serious money moves. When you have that much wealth, a whole world of opportunities opens up for you. For the rest of us, these strategies can feel completely out of reach.

It’s true to an extent, but even the wealthy elite are following some core principles any of us can adopt. If you’re interested in growing your net worth, consider taking a page from their book. These are some tried and true things the super-rich do with their money that any of us can do.

5 Things Wealthy Parents Teach Their Kids That the Middle Class Might Not

Dawn Allcot  Mon, Mar 3, 2025,

It’s often said, especially in the United States, that the rich get richer. It’s obviously easier to build wealth if you already have money to invest, a financial education and successful parents who can guide you.

For instance, Amazon may not exist today if Jeff Bezos’ parents’ had not shelled out close to $250,000 in start-up capital so he could launch the online bookstore in his garage, as widely reported by multiple sources. But it wasn’t just their cash that gave the young entrepreneur a leg up. In an article published by People, Bezos referred to his parents as “loving and supportive.”

9 Biggest Mistakes High Income/High Net Worth Millennials Make

Thomas Kopelman

We often associate wealth with financial expertise, but this could not be further from the truth. High net worth people are not immune to making mistakes. In fact, they make just as many mistakes, if not more than everyone else.  And the worst part about it is that these mistakes they make can be even more costly due to higher dollar amounts behind the mistakes.

Let me help you avoid this by walking you through 9 of the most common mistakes I see high net worth millennials make.

5 Bad Financial Habits Americans Don’t Realize Cost Them Thousands

Emily Fowler  Mon, February 24, 2025 GOBankingRates

More Americans are focusing on their finances in 2025 than they have in the past 10 years, according to a recent study from Allianz Life. But while many plan to improve their financial stability, stress levels around finances are still high, with only 16% of people saying they’re less stressed than last year.

Here are five financial habits that could be contributing to those stress levels and costing thousands.

Rachel Cruze: Ask 9 Questions To Choose the Right Financial Advisors

Ashley Donohoe  Sun, February 23, 2025  GOBankingRates

Whether you’re selling a house, choosing tax strategies or making a retirement portfolio, handling complex financial situations on your own can lead to costly mistakes, missed opportunities and possibly legal issues. Money expert Rachel Cruze advises partnering with various types of financial advisors who have the knowledge to help you make better decisions and ensure you’re building wealth properly.

However, you should be prepared to put some time into finding trusted people who will focus on what’s best for your situation rather than just their profits from commissions or fees

'It's An American Duty To Not Pay Our Taxes' — Robert Kiyosaki Proudly Says He's $1.2 Billion In Debt Because It Legally Leaves Him Tax-Free

Jeannine Mancini  Thu, February 20, 2025  Benzinga

You've heard it a million times—debt is bad, get out of debt, Americans are drowning in debt. The headlines paint it as the ultimate financial nightmare. But not everyone sees it that way. Best-selling "Rich Dad Poor Dad" author Robert Kiyosaki proudly boasts about being $1.2 billion in debt—and according to him, that's exactly how he legally avoids paying taxes.

5 Best Dave Ramsey Money Tips To Adopt in 2025

Cara Danielle Brown   Wed, February 19, 2025  GOBankingRates

Personal finance expert Dave Ramsey has become one of America’s most trusted voices for individuals wanting to learn how to take control of their money. From paying off debt to getting on a budget, Ramsey’s guidance has helped millions become educated and empowered.

With 2025’s financial climate off to a strong yet erratic start, some are looking to the finance guru, wondering which of his money tips are most useful to adopt in real time. Here are five that could help put you on the right path.

Self-Made Millionaire: This Is the Max Number of Bank Accounts You Should Have

Gabrielle Olya  Wed, February 19, 2025   GOBankingRates

In her book “Crush Your Money Goals,” financial coach and self-made millionaire Bernadette Joy writes that the first step toward achieving financial freedom is to “curate” your financial accounts. This means reviewing every financial account you have open — your bank accounts, credit cards, loans and properties in your name. Once you have a list of your accounts, it’s time to streamline them and consolidate them into 20.

 “When it comes to achieving financial independence, the fewer accounts you have, the fewer opportunities for mistakes or precious money to fall through the cracks,” she wrote.