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3 Money Habits That Can Help You Stay Ahead — Even If a Recession Hits
3 Money Habits That Can Help You Stay Ahead — Even If a Recession Hits
Gabrielle Olya Fri, July 11, 2025 GOBankingRates`
Although most experts believe we’ll be able to steer clear of a recession this year, many Americans are still worried about the possibility of an economic downturn. A recent survey conducted by Talker Research and Affirm found that 58% of Americans believe a recession is still inevitable and 77% have changed how they manage their finances as a result of ongoing economic conditions.
If you’re feeling anxious about what’s ahead, you’re not alone — and you’re not powerless. Here are three practical, expert-backed strategies to help you recession-proof your finances and feel more in control, no matter what the economy does next.
The Health Benefits of Giving
The Health Benefits of Giving
Four ways working to improve others' lives may improve — and lengthen — your own
You don't need a doctor to tell you giving feels good.
But research can shed light on the science behind that helper's high — and long-term physical and psychological benefits that may follow it.
8 Frugal Habits Americans Are Ridiculed for — and Why You Shouldn’t Care
8 Frugal Habits Americans Are Ridiculed for — and Why You Shouldn’t Care
May 10, 2025 by Cindy Lamothe Saving Money / Savings Advice
Being frugal sometimes feels like a dirty little secret. You clip coupons, skip the fancy lattes and patch up your clothes instead of tossing them — only to get teased for it.
But here’s the thing: a lot of those so-called “cheap” habits are actually wise financial moves, especially with reports of a possible recession, according to Forbes.
Frugal habits that often get mocked tend to reflect a broader culture of individualism and self-reliance, said Andreas Jones, founder and editor of KindaFrugal.
Use This Checklist to See if Your Family is Financially Secure
Use This Checklist to See if Your Family is Financially Secure
By Laura Bogart April 30, 2025 GoBankingRates
You work hard to take care of your family, and you’re proud to do it. And one of the most important things is making sure your family is financially secure.
But financial security can be tough to define — how do you know when you’ve achieved it? Fortunately, there are some tangible things you can do that will financially benefit you and your family in the long term. Some of them are small, like starting that emergency fund, and others are bigger picture, like sitting down with a professional to look into investment strategies or life insurance packages.
4 Reasons To Give Your Adult Child Money (And 2 Reasons Not To)
4 Reasons To Give Your Adult Child Money (And 2 Reasons Not To)
January 8, 2025 by Cindy Lamothe Money / Financial Planning
Like all things in life, too much of a good thing can go very, very wrong — particularly, when it comes to doling out money to adult kids.
According to experts, there are many appropriate instances when help is needed, and then there are times when doing so can hinder an adult child’s growth.
Here are the financial situations in which it is okay to give a grown child money — and when not to.
3 ‘Normal’ Money Habits That Could Ruin You Financially
3 ‘Normal’ Money Habits That Could Ruin You Financially — What to Do Instead
Sarah Li Cain Mon, July 7, 2025 GOBankingRates
Everyone makes mistakes. But some have more dire consequences than others. While the occasional dinner out or spending money on lattes (is this still a big deal?) may set you back a bit financially, it’s not the end of the world.
There are some money habits though, that if not kept in check, could ruin your financial future. Here are three of them, and what habits you can replace them with instead.
3 Reasons Retired Boomers Shouldn’t Give Their Kids a Living Inheritance
3 Reasons Retired Boomers Shouldn’t Give Their Kids a Living Inheritance (And 2 Reasons They Should)
May 22, 2025 By Sean Bryant
If you’ve generated a significant amount of wealth during your lifetime, you might be starting to think about what will happen to it once you are gone. You could donate it to a worthy cause or you could pass it down to your kids. But what if you want to go ahead and give them some of your wealth now, before you pass?
With the Great Wealth Transfer underway, it’s expected that by 2045, roughly $84 trillion will be passed down from the silent generation and baby boomers to their kids. And a lot of this will be done as a living inheritance.
Don’t Buy Groceries on Saturday or Sunday — Here’s Why
Don’t Buy Groceries on Saturday or Sunday — Here’s Why
Crystal Mayer Thu, July 3, 2025 GOBankingRates
If you work a regular 9-to-5 job, then grocery shopping during the middle of the week can be tricky. This means that just like millions of other people, you will be stuck fighting the crowds on the weekends to ensure that your kitchen is fully stocked for the days ahead — and it could also end up being a fight with your food budget.
Research shows, however, that if you can squeeze in a midweek grocery shopping trip, your wallet and your sanity may be greatly rewarded. With that in mind, here are the worst days of the week to buy your groceries.
The Deadline for Moving Money Out of the US
The Deadline for Moving Money Out of the US
Notes From the Field By James Hickman (Simon Black) July 3, 2025
The Senate passed the “Big Beautiful Bill,” and it’s about to make America’s financial house of cards a whole lot shakier. Already today interest on the national debt costs more than the entire— very large— defense budget. The runaway national debt is literally a matter of national security.
And the bill will add about $3 trillion to the national debt over the next decade, in addition to the $22 trillion the Congressional Budget Office already-projects for the same period.
There's 1 Reason Rich Athletes Go Broke
There's 1 Reason Rich Athletes Go Broke
Cam Newton says there's 1 reason rich athletes go broke and he no longer makes $20M/year in 2025 — here's why
Moneywise Tue, July 1, 2025
At the height of his career, Cam Newton, former NFL MVP and Carolina Panthers quarterback, says he earned roughly $20 million a year. However, in a recent video on his YouTube channel, Newton confessed he was making online content “to keep the lights on.”
Newton’s candid admission pulls back the curtain on a common struggle retired athletes face: managing money once the big paychecks stop.
Woman Swindled Out Of Thousands Of Dollars In Airline Scam
Woman Swindled Out Of Thousands Of Dollars In Airline Scam
Unfortunately, these cons are common
Tamara Gane Updated Sun, June 22, 2025
Family vacations are exciting, but they can also present an opportunity for scam artists. Just ask a mom named Haylee who booked 11 flights on American Airlines for an upcoming cruise.
She explained in a recent TikTok video that both her daughter and niece are on the autism spectrum. She called the airline to check to see if accommodations like early boarding were available to make their travel day easier.
Hawaii Store Owner Duped By Fake $100 Made With Real $1 Bill
Hawaii Store Owner Duped By Fake $100 Made With Real $1 Bill — how to spot forgeries linked to this technique
Christy Bieber Tue, July 1, 2025 Moneywise
Kevin Costello, owner of Siam Imports, had a bad experience recently receiving payment with cash. A customer came into his store and paid with a fake $100 bill, but it turned out that the bill was actually a legitimate bill made into a counterfeit — and he failed to catch it.
"I had a couple other girls in here at the same time, so I didn’t really closely look at the $100, which if I would have did that I could [have] probably prevented it,” Costello said. One reason he didn't identify the issue on the spot: The counterfeit $100 was made using a clever technique thieves are favoring recently.
Fort Worth Teacher, 28, Loses $32K - Fraud vs Scam
Fort Worth Teacher, 28, Loses $32K After Scammers Tricked Him Into Sharing His Personal Banking Information
Cory Santos Sun, June 29, 2025 Moneywise
After spending years saving money in the hopes of starting a family, Russell Leahy and his wife are now forced to live paycheck to paycheck. Leahy, a 28-year-old teacher from Fort Worth, Texas, recently lost $32,000 to scammers who tricked him into revealing sensitive financial information.
"It was my entire life savings," Leahy told WFAA. "I had literally never felt like the wind had been taken out of my sails before. I'd never really felt like I was going to pass out before, but it really felt like the end of the world for me."