How Much Should You Share With Your Kids About Your Finances? Experts Weigh In

Nicole Spector   Wed, June 25, 2025   GOBankingRates

Most of us were raised without any formal education in personal finance. This alone can hold us back. But for many of us, it’s worse than that — we didn’t have much of an understanding of what was going on with money in our own homes while we were growing up. Maybe we sensed, or were told, that the money situation at home was “bad” or “good” or “stressful.” But that’s not education — that’s emotion.

Now, as parents, we want our children to have it better than we did. That means equipping them with the right tools to navigate the world of personal finance when they’re older. So what, exactly, should we share with our kids about our finances?

7 Unforeseen Financial Obligations You Take On When You Retire

John Csiszar  Mon, May 13, 2024

Once you retire, you want your financial life to be as uneventful as possible. If you’re like most retirees, you’ll be living on a combination of investment income and Social Security benefits, and that income will be relatively fixed and predictable.

This means that unexpected financial obligations can cause serious distress, as it might be hard to find a way to pay for them without going into debt. To avoid falling into this situation, it’s best to plan ahead and build a bigger emergency fund before you retire so that none of these expenses send you into a financial tailspin.

Read the Fine Print  - Buyer Beware!!

Maurie Backman  Mon, June 23, 2025   Moneywise

Georgia roofer is out $12,000 after State Farm approved homeowner's claim — then refused to pay out in full

When Cumming, Georgia, homeowner Venkat Garikapati's roof sustained heavy wind damage in 2021, he filed a claim with his home insurance company, State Farm, to have it fixed.

However, State Farm only approved the replacement of 38 shingles and estimated the cost at $1,422.15 — less than Garikapati's $2,500 deductible — and closed the claim without paying, according to Atlanta News First. But Garikapati's roofer, David Garner, disputed the insurance company's assessment.

Philadelphia Man Lost Over $1M In Back-To-Back Scams — Here Are The Red Flags To Watch Out For

Vawn Himmelsbach  Tue, June 24, 2025  Moneywise

Joe Subach was just trying to send some money to a friend. But one phone call later, with a woman named ‘Daisy,’ and his financial situation was forever changed.

Subach was the victim of two back-to-back scams — one that even involved him handing over his precious metals to money mules — that drained him of a whopping $1 million.

Investigators Say Anyone Can Be Vulnerable To Fraud

San Diego Seniors Lost $108 Million To Scams In 2024 — And Investigators Say Anyone Can Be Vulnerable To Fraud

Christy Bieber  Mon, June 23,  Moneywise

San Diego residents in their golden years should be enjoying the balmy weather and beaches, but instead, many are worrying about how to recover lost funds or survive financially after being scammed. Victims include retired professionals, says Michael Rod, an FBI supervisory agent in San Diego Count. Two such victims whom reported over $2 million stolen in the past two weeks. “Doctors, lawyers, judges, pilots, engineers, all have fallen victim to this stuff, like very smart, intelligent people,” Rod told ABC 10 News San Diego.

That's why scams are often underreported.

5 Effective Ways To Stop Impulse-Buying And Save Money

Learn how to shop more intentionally (without feeling deprived)

Shira Gill | Organizing Expert

These tips will help you slow your roll when it comes to impulse buying, live more sustainably, and save a boatload of money. File that under #winwin.

Tip One: Practice Using What You Own

What Do I Do Now?

Quentin Fottrell  Sat, June 21, 2025

My sister and her husband died within days of each other. Their banks won’t let me access their safe-deposit boxes. What Do I Do Now?

Dear Quentin,

My sister and her husband passed away within a year of each other. I’m blessed that they had the foresight to have a will and living trust that, as the successor trustee, has made dispensing the trust assets much easier.

Tony Robbins: 7 Tips for Building Financial Security in Tough Times

Gabrielle Olya   Wed, June 18, 2025   GOBankingRates

Money is an all-too-common source of worry and stress. We fear losing our jobs, stock market crashes or simply not being able to pay all of our bills next month. While we can’t control the greater economy or even our job security, there are steps we can take to protect our finances as much as possible and ride out any waves that come our way.

In a blog post, entrepreneur and author Tony Robbins outlined a few effective tips to build financial security, regardless of what’s happening in the wider economic environment. Here’s how to create financial certainty in an uncertain world.

7 Ways To Protect Yourself From Family Fraud in Retirement

Jordan Rosenfeld   Thu, June 19, 2025   GOBankingRates

Older adults, particularly seniors, are especially vulnerable to financial fraud — but not all of it comes from strangers, scammers or people on the internet. Family members can also engage in financial fraud.

While no one wants to have to plan for such an outcome, being prepared is the best way to prevent it from happening in the future. Estate planning and fraud prevention experts offered some tips to protect yourself from family fraud in retirement.

Saving Money Vs. Paying Off Debt: The Personal Finance Conundrum

By Todd Kunsman  Saving Money  Dec-08-2023 Invested Wallet

Saving money vs. paying off debt might be one of the most common personal finance debates. Least, I think it is and continues to find people on different sides.

For those just getting started and trying to figure out your financial path, it can be confusing with what to do or where to focus your time.

A few years back, I also ran into this dilemma. I researched, ran numbers, but still was truly indecisive as to what would take priority.

The Psychology of Money: 8 Ways to Improve Your Money Mindset

By Sam Stone

As the old saying goes, personal finance is ‘mostly personal and a little bit financial.’

Long-term growth and success rely more on our habits and behaviors than on complex knowledge and advanced strategies. Learning a few key points on the psychology of money can go a long way to building the right mindset for prosperity.  Let’s look at a few far-reaching psychological concepts that play an outsized role in our financial lives, including some of the biases and fallacies that can point us in the wrong direction.

6 Subtly Genius Ways Wealthy People Save Tons of Money

Cindy Lamothe   Mon, June 16, 2025  GOBankingRates

Ever wonder how the rich are able to maintain their lavish lifestyle without depleting their bank accounts? As it turns out, they’re exceptionally good at saving. In fact, many of their financial decisions are genius strategies for creating lasting wealth.

Below experts outline some of the ways they’re able to save tons of money.