DINARRECAPS8 4/18/25 DINARRECAPS8 4/18/25

Robert Kiyosaki’s Top 4 Tips To Save Retirees From Financial Disaster

Jennifer Taylor Thu, April 17, 2025 GOBankingRates

We all know that retirement involves a major financial shift in a person’s life. If you’re planning to leave the workforce in the near future, Robert Kiyosaki — founder of the famous “Rich Dad” franchise — has plenty of advice that might differ from the traditional guidance you’ve been given.

Going into retirement fully informed by money experts like him can help you avoid financial disaster. Here are four of Kiyosaki’s top tips to help you enjoy a financially sound retirement.

DINARRECAPS8 4/17/25 DINARRECAPS8 4/17/25

Preparing For The Escalation That’s Likely To Come

Notes From the Field By James Hickman (Simon Black) April 17, 2025

There’s rumors floating around alleging that top secret plans from the Chinese Communist Party have been leaked, indicating that China’s President Xi Jinping views this conflict with the US as the opening to a complete and total war.

Personally I’m skeptical if these leaked documents exist, and if they are legitimate. I don't think anyone has any way to know.

DINARRECAPS8 4/17/25 DINARRECAPS8 4/17/25

10 Most Awesome Things You Can Do for Your Finances

I’m a Financial Advisor: 10 Most Awesome Things You Can Do for Your Finances

Cara Danielle Brown Wed, April 16, 2025 GOBankingRates

Looking to make the most of your finances, starting today? Some may think that taking financial risks or chasing trends is the key to maximizing potential.

But, according to Michael Fiammetta, financial advisor at 4 Generations Wealth Management, the best thing one can do this year is the same thing he or she can and should be doing every year: master the basics.

DINARRECAPS8 4/16/25 DINARRECAPS8 4/16/25

6 Things You Should Never Put in a Living Trust

Preston Hartwick

Tue, November 12, 2024 GOBankingRates

Estate planning provides for the smooth handling of your assets after death. However, only around 32% of American adults have a will, indicating that most people haven’t taken the appropriate steps to prepare for the management of their estate, according to LegalZoom.

One essential tool for estate planning is a living trust. It allows your assets to bypass the lengthy, costly probate process and maintains your financial privacy.

DINARRECAPS8 4/15/25 DINARRECAPS8 4/15/25

77% of Americans Plan To Use Tax Refunds for Essential Expenses: 5 Tips for Using Yours

Dawn Allcot Tue, April 15, 2025 GOBankingRates

For Americans who usually receive a tax refund, that spring windfall sometimes helps cover a treat, like a family vacation, a pool or new patio furniture. But for a majority of people this year, their tax refund is going toward necessities, according to a study from Talker Research, commissioned by TaxSlayer.

The study found that 77% of Americans will spend their tax refund on necessities this year. What’s on the top of their list? More than half (52%) of those polled said the money will go toward rent or utility bills. Meanwhile, 44% will put the money toward groceries and essential goods. Thirty-seven percent are using the cash to pay down credit card debt, with 56% of that group still paying off holiday bills.

DINARRECAPS8 4/15/25 DINARRECAPS8 4/15/25

What Does A Financial Advisor Do And When Should You Get One?

Brian Baker, CFA Mon, April 14, 2025 Bankrate

Most people are aware of financial advisors and may even hire one at some point in their lives, but what exactly do financial advisors do? Financial advisors provide advice and guidance on a variety of financial issues you’ll encounter over the course of your life such as investments, retirement planning, insurance and even taxes.

Here’s what else you should know about financial advisors, including the advantages and disadvantages of using one and when you should consider hiring one.

DINARRECAPS8 4/14/25 DINARRECAPS8 4/14/25

What It Really Means To Help Someone — And The Consequences That Can Follow

He borrowed $20K from his brother — then crashed the car he bought instead of going to law school

Victoria Vesovski Moneywise Sun, April 13, 2025

When a loved one is in need, lending a helping hand can feel like second nature — even with a price tag.

On a recent episode of his new Netflix talk show, Everybody’s Live With John Mulaney, the comedian explores what it really means to help someone — and the consequences that can follow.

He’s joined by actor Michael Keaton and Jessica Roy, a personal finance columnist for the San Francisco Chronicle. Their first caller was Dylan from Montville, New Jersey, who borrowed $20,000 from his brother to attend law school. But instead of cracking open textbooks, Dylan bought a car. Then he crashed it. After selling the wreck for scrap, only $1,200 of the original $20,000 remained.

DINARRECAPS8 4/8/25 DINARRECAPS8 4/8/25

Hoarding Cash and Delaying Purchases

Hoarding Cash and Delaying Purchases: Anxious Retirees React To The Stock Market Selloff

Alicia Adamczyk Updated Mon, April 7, 2025 Fortune

Though few people are enjoying the tariff-induced market meltdown, it is an especially tough time for retirees and those near retirement, who have been hit with a double financial whammy: Not only are their portfolios losing value at a time when they can least afford it, but they are also often the people least able to absorb higher costs on their fixed incomes.

Though financial advisors generally advise clients to remain calm in the face of market volatility, they say some clients have made a few key moves over the past few days to put themselves in better positions.

DINARRECAPS8 4/6/25 DINARRECAPS8 4/6/25

These Are the 6 Most Common Money Questions

I’m a Financial Influencer: These Are the 6 Most Common Money Questions I’m Asked

Nicole Spector Tue, July 30, 2024 GOBankingRates

With general financial literacy and better financial planning exploding on social media, millions of folks are turning to financial influencers to get their money questions answered without breaking the bank.

What are people the most curious or confused about? What are they reaching out to financial influencers to find out about? And how do financial influencers answer their queries or point them in the right direction?

GOBankingRates spoke with Jeff Sekinger, a financial innovator and entrepreneur, and the CEO and founder of Nurp LLC. Sekinger courts a following of 1.1 million on Instagram.

DINARRECAPS8 4/4/25 DINARRECAPS8 4/4/25

Do I Have to Worry About Gift Tax?

If I Give My Child $30,000 Towards Their Wedding, Do I Have to Worry About Gift Tax?

Mark Henricks Sat, July 27, 2024 SmartAsset

Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have $30,000 set aside for their big day, which you plan to hand over in the form of a check.

However, before you pass along that much cash, it’s important to understand the potential tax implications of making a $30,000 gift. A gift that size could require you to pay the federal gift tax, which can reach up to 40%. The good news is you may avoid paying gift taxes altogether, but there are reporting requirements and other limitations to keep in mind. Consult a financial advisor to minimize your gift tax obligations

DINARRECAPS8 4/3/25 DINARRECAPS8 4/3/25

3 ‘Horrible’ Pieces of Tax Advice, According to The Money Guy Show

Catherine Collins Tue, April 1, 2025 GOBankingRates

The financial advisors behind the podcast ‘The Money Guy Show‘ recently reviewed popular TikTok tax hacks that are actually terrible money advice. In addition to being financial advisors, hosts Brian Preston and Bo Hansen are also accountants, so listeners can benefit from hearing their advice about what is and isn’t allowed when you file your taxes.

While the hosts aren’t against tax planning, many of the TikTok tax strategies they reviewed are less about planning and more about being misleading or even committing fraud. Many people turn to ‘The Money Guy Show’ for financial lessons that aren’t boring. So, if someone is interested in lowering their tax bill, this is a show to follow.

DINARRECAPS8 4/2/25 DINARRECAPS8 4/2/25

How Much Should You Add to Your Emergency Savings To Keep Up With Inflation?

Kerra Bolton Mon, March 31, 2025 GOBankingRates

Saving three to six months of emergency savings is a must, especially during times of economic uncertainty. However, rising inflation means that a $10,000 safety net might not be able to buy as much tomorrow as it does today.

GOBankingRates talked to financial experts to find out how much you should add to your emergency savings to keep up with inflation.

DINARRECAPS8 4/2/25 DINARRECAPS8 4/2/25

Protecting Yourself From Both Scams And Tax Penalties

Joe Cortez Moneywise

California man loses life savings, owes more than $30K in taxes after falling prey to sophisticated scam

On top of losing his life savings to scammers, Chester Frilich of Concord, California is facing a tax bill of over $30,000 which could end in him losing his home.

As reported by ABC7 News, his problems began when he received a call from somebody claiming to be from Xfinity, who claimed his account was used to upload pornographic videos. An hour later, he heard from “Jason Brown” with the Federal Trade Commission, listing all of his credit cards and telling him he was under investigation for wire fraud.