.6 Common Excuses for Not Saving Money By Tara Struyk

Have you ever settled on a new exercise program, only to get a bad cold a few days in and happily throw yourself on the couch, relieved to have a handy excuse? Excuses must be human nature; I know I usually make them when I'm facing something that’s new, that's hard, or that I just don’t enjoy. And I’ve certainly made excuses when it comes to money.

In the years that I’ve been writing about personal finance and investing, I’ve also heard my fair share of excuses, mostly from readers who don’t agree with my advice.

.Seven Financial Influencers On Saving, Inflation, And Starting Your Own Business

Benjamin Din + Meghan Coyle + Rosalie Murphy May 18, 2022

Amid stagnating wages and rising prices, the financial pros will tell you the same thing: You can’t keep saving and spending the same way you always have if you want to keep up. There are plenty of things you can do to combat some of the biggest issues facing consumers today.

Here’s what some Asian and Pacific Islander financial pros suggest for how to beat inflation, save at the pump and maybe even take the plunge if you’re considering starting your own business.

.10 Ways To Build Wealth Fast

But it will still take some time and effort.

By John Csiszar May 17, 2022 Build Your Wealth

Wealth-building is a process that generally takes time. Although the idea of becoming an overnight millionaire is appealing for many, the only real way to get rich overnight is via speculation, an inheritance or a lottery win.

Ironically, the best way to build wealth “fast” is to chart out a prudent path toward long-term gains. The quicker you can save and invest, the faster your money will compound, which is the true magic behind building wealth. Here are 10 ways you can grow your net worth as rapidly as possible without taking on undue risk.

.6 Ways To Keep Your Cash Safe While Traveling

Heather Taylor Wed, May 25, 2022

Whether you're traveling across the United States or heading out on an international flight, travelers need to safeguard their cash and credit cards to ensure nothing gets lost or stolen. What are some of the best ways to protect cash and credit cards? GOBankingRates spoke to several seasoned travelers about their best tips for keeping cash safe during your travels.

Share Your Travel Plans With Your Bank

.4 Options for Your Money Other Than the Bank

By Andrew Lisa May 3, 2022 Banking 101

Get savings account safety, but with better returns.

With the average deposit yield stuck at around 0.06% and inflation at a 40-year high of 8.5%, saving isn’t exactly the right word to describe what you’re doing with your money when you put it in the bank in the current economic climate. If you’re looking for an alternative way to grow your money, you could always invest it — but that comes with a level of risk that your emergency fund might not be able to tolerate.

The good news is that savings accounts aren’t the only game in town when it comes to safe, insured, interest-bearing places to stash your cash. In fact, there are options that you might not know about that pay higher yields and offer more convenience than savings accounts without any more risk to the money you’re trying to grow.

.8 Insights Only the Self-Made Super Wealthy Understand

By Kevin Daum Inc. 500 entrepreneur and best-selling author@KevinJDaum

Wonder what it's really like to strike it rich? Billionaire Ken Fisher explains the perspectives of the self-made wealthy. Billionaire Ken Fisher Shares 8 Insights Only the Self-Made Super Wealthy Understand

Not all entrepreneurs are in it for the money, but gaining wealth is certainly among the top motivators for company building. Not surprisingly, having great wealth brings it's own unique responsibilities and circumstances that few get to experience first hand.

.Coping With The Guilt Of Losing Money

By THE INVESTOR

I accept it’s normal to feel frustrated, angry, or even downright stupid when you lose money on your investments.

But what about guilt?

My portfolio’s fall from its peak value in summer 2007 to a low in October 2008 represents a big loss for a 30-something private investor like me: at least a couple of years of after-tax income in cash terms.

More importantly, the losses meant I had fewer options in October 2008 than the year before. I’d originally begun investing to build up a house-buying war chest for when the over-valued housing market corrected itself.

After several years waiting, house prices were finally falling, but my investments had fallen further.

.The 7 Deadly Sins Of Finance

FORBES | SHOOK Dustin Elliott Top Wealth Advisor Mar 28, 2022

Taking a few X’s and O’s from a playbook on life, I wanted to apply each of the 7 Deadly Sins to the most often discussed topic in the most popular book every written, money. Money, in and of itself, is simply a multiplier of means to an end. It takes whatever is already inside of us…and multiplies it. For example, if you like cars without money and suddenly you have money, chances are, you’ll buy cars.

This observation is why it is exceedingly important that children, teenagers and young adults develop healthy attributes and a deep sense of integrity before they have wealth. Often, the pursuit of wealth teaches us many life lessons that prepare us for managing it. In some cases, we can be taught that money is a means of acquiring the what in life we desire. In others, we can be taught that money is a means of sharing the who we have become.

.The Laws of Investing

By Morgan Housel

Think of how big the world is. And how good animals are at hiding. Now think about a biologist whose job it is to determine whether a species has gone extinct. Not an easy thing to do.

A group of Australian biologists once discovered something remarkable. More than a third of all mammals deemed extinct in the last 500 years have later been rediscovered, alive:

We identified 187 mammal species that have been missing (claimed or suspected to be extinct) since 1500. This number includes all such mammals for which we were able to find key variables for analysis. In the complete dataset, 67 species that were once missing have been rediscovered.

A lot of what we know in science is bound to change. That’s what makes science great, what makes it work, and what distinguishes it from religion. Science is filled with rules, evidence-based theories, and probabilistic observations. Laws – immutable truths lacking exceptions – are rare. Most fields only have a handful.