Keeping Too Much Cash In Your Bank Account Could Be A Costly Mistake
Keeping Too Much Cash In Your Bank Account Could Be A Costly Mistake
Vishesh Raisinghani Sun, November 2, 2025 Moneywise
Keeping too much cash in your bank account could be a costly mistake — here’s how to know if you’ve got too much
Cash is king, right?
Well, not always. Sometimes you can have so much cash sitting around in your bank account that it turns into a wealth-devouring demon. On average, American families had about $62,410 in their checking accounts, according to the Federal Reserve’s 2022 Survey of Consumer Finances. For most people, that balance is simply higher than it should be.
Terrifying High-Tech Bank Scam Drains Your Life Savings In Seconds
Terrifying High-Tech Bank Scam Drains Your Life Savings In Seconds — and ‘devastated’ victims are sounding the alarm
Asia Grace Mon, October 27, 2025 NY Post
Noel Phillips can’t believe he was cleaned out so quickly — and easily.
The New York millennial was bled dry earlier this year by a group of scammers who used phone number-spoofing technology — software used to misleadingly alter caller ID information — to empty his bank account, taking all of his life savings, totaling nearly $30,000.
“It’s devastating,” Phillips, 33, a journalist and an NYC transplant from London, exclusively told The Post. “I can still hear the voices of the people who called me, posing as employees of Chase Bank, claiming there had been fraudulent activity on my account.”
Catfish Scams — How To Spot Red Flags
Catfish Scams — How To Spot Red Flags
Will Kenton Sun, October 26, 2025 Moneywise
Missouri woman's late-in-life love story turns into a Ramsey Show warning about catfish scams — how to spot red flags
Nicky from Missouri called into the The Ramsey Show with a late-in-life love tale. (1) She, a 68-year-old widow, has met a man, an 81-year-old widower, who wants to marry her. At first it seems like a heart-warming story, but when co-hosts hosts Jade Warshaw and Ken Coleman started asking questions, things went sideways fast.
50 Things To Do Right Now To Save Money
50 Things To Do Right Now To Save Money
J. Arky Thu, October 23, 2025 GOBankingRates
If there is one thing that is always on our minds, it is how to save money. In the last quarter of 2025, that question looms larger than ever, as inflation threatens to wreak havoc on the average person’s finances and prices continue to skyrocket on everyday purchases.
There are plenty of ways to make sure that you are saving money as the year wraps up and they are pretty simple too. Following just a few could help you roll into the new year with a savings account in the black.
Let’s Take a Quick Pause and Look Back at History
Let’s Take a Quick Pause and Look Back at History
Notes From the Field By James Hickman (Simon Black) October 23, 2025
In light of this week’s roller-coaster gold ride, I thought it would be useful to turn once again back to the lessons of history and revisit what we discussed recently about the 1970s.
Foreign governments and central banks around the world had been becoming increasingly concerned about the US government’s outrageous fiscal deficits as early as the mid-1960s.
Wells Fargo Customer Lost $4,400 Just Hours After Depositing A Check
Wells Fargo Customer Lost $4,400 Just Hours After Depositing A Check — and a legal loophole nearly left her in the lurch
Mike Crisolago Mon, October 20, 2025
A Houston woman paid a steep price, literally, for a simple bank deposit that she made at her local Wells Fargo branch.
Willie Delane told her local Fox 26 network that on September 15 she deposited a life insurance check totalling $10,000 into her Wells Fargo bank account.
“I've been with Wells Fargo for so long, years and years” she said in the story. This is why, when she received a text roughly nine hours later saying that there was something fishy with a transaction involving her account, she called customer service. (1)
What If Gold Crashes To $3,000 Per Ounce?
What If Gold Crashes To $3,000 Per Ounce?
Notes From the Field by James Hickman (Simon Black) October 16, 2025
A little over a month ago, in early September, after careful analysis and detailed study, my team and I reached an important conclusion. And we started telling our audience almost immediately.
Gold had just crossed $3,500 per ounce, silver had just crossed $40, and many gold and silver mining companies had experienced astonishing gains.
Of course none of this came as a surprise to our readers. We’ve been saying for the past few years that gold in particular was going to go much higher, specifically because foreign governments and central banks were buying up gold by the metric ton as a way to diversify their strategic reserves away from the US dollar.
Warren Buffett’s 7 Rules for Saving Money on Everyday Expenses Without Sacrificing Comfort
Warren Buffett’s 7 Rules for Saving Money on Everyday Expenses Without Sacrificing Comfort
Jennifer Taylor Tue, October 14, 2025 GOBankingRates
When it comes to spending, Warren Buffett isn’t your average billionaire. Instead of buying anything he wants, the Berkshire Hathaway CEO still values his dollar.
In fact, his money-saving philosophies are so down-to-earth, the average person could benefit from them. Here’s a look at seven of Buffett’s rules for saving money on everyday expenses, while still getting everything you need.
3 Rich Person Habits To Pick Up and 3 Poor Ones To Drop Now
3 Rich Person Habits To Pick Up and 3 Poor Ones To Drop Now
Laura Bogart Mon, October 13, 2025 GOBankingRates
Growing up, you might’ve watched a certain show called “Lifestyles of the Rich and Famous,” wherein the wealthy elite and celebrities alike shared the ins and outs of their glorious, sometimes decadent lifestyle. The phrase “champagne wishes and caviar dreams” may have imprinted itself on your mind as the way all rich people live.
The truth is many of the most successful and financially secure people around you aren’t flaunting their wealth. They’re quietly embracing smart habits that make growing and managing their money much easier — habits that are actually pretty simple to adopt. Including for you.
4 Ways To Get Rich Without People Noticing
4 Ways To Get Rich Without People Noticing
John Csiszar Sat, October 11, 202 GOBankingRates
There are two kinds of rich people in the world. The “visibly wealthy” actively advertise their wealth, blasting social media with their extravagant lifestyles and owning “show-off” possessions, like luxury sports cars, yachts and jewelry. The other type lives relatively frugally, enjoying the occasional extravagance but generally just keeping to themselves.
3 Money Rules Every Young Person Should Know
I Was a Millionaire by 26: 3 Money Rules Every Young Person Should Know
Laura Bogart Sat, October 11, 2025 GOBankingRates
It isn’t easy being in your 20s. Apart from all the challenges of emerging into adulthood, like figuring out your values and creating meaningful relationships, you’ve also got to build the scaffolding for your future — especially when it comes to your finances. You want to build real wealth, but you don’t have much experience managing money. What do you do?
As part of GOBankingRates’ Top 100 Money Experts series, we asked Ryan Scribner, a personal finance expert and YouTube personality who became a millionaire by age 26, to share his insights on how people can start building wealth in their 20s. His answer isn’t about flashy stock picks — it’s about building a foundation of financial knowledge that pays off over time.