.5 Signs You’re Saving Too Much

Cynthia Measom Thu, October 21, 2021

For many people, saving too little is the problem. However, for others, it’s the exact opposite because they are saving too much. Too much of anything can be dangerous, including stashing excess cash in a savings account or under a mattress.

But how do know if you’re putting too much cash toward savings? To help, consider these five signs that indicate your savings balance is out of control and learn how you can start being smarter with your money.

.13 Simple Ideas To Stretch Your Money And Beat High Inflation

Ethan Rotberg Tue, October 19, 2021

The pandemic has sparked shortages of goods and workers that have pushed inflation to its highest levels in decades. But you've already seen what that looks like, if you recently bought groceries, gassed up your car or went shopping for furniture or a new TV. Prices are surging, and don't look for relief anytime soon. Various forecasts anticipate that stiff inflation will hang around into the new year.

One strategy for fighting back against rising prices is to take advantage of some simple ways to make and save more money in your daily life.

.Finance Pro Rachel Cruze Shares the Biggest Money Mistake You’re Probably Making

Rob Poindexter Mon, October 18, 2021, 3:00 PM·3 min read

Rachel Cruze is a personal finance expert and the author of “Know Yourself, Know Your Money.” She is also the host of “The Rachel Cruze Show,” where she shares practical tips to save more money, get out of debt quickly and make progress toward your financial goals.

Recognized by GOBankingRates as one of Money’s Most Influential, here she shares why she believes having a budget is the key to financial freedom, why taking on debt is the biggest money mistake you can make and how to get out of debt ASAP.

.Where Do Millionaires Keep Their Money?

Rosemary Carlson Mon, October 18, 2021

Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not inherit their money; only about 20% inherited their money.

More than two-thirds of all millionaires are entrepreneurs. Here are some of the places the genuinely rich keep their money. Whether you’re a millionaire or not, a financial advisor can help you take significant steps toward achieving your goals.

.25 Secrets Elon Musk and Every Other Rich Person Knows

Gabrielle Olya Sun, October 17,

If it seems like the rich know something about money that the rest of us don't, it's probably because they do. There must be some reason the richest 1% of people now hold more than 40% of the world's wealth, according to the Credit Suisse Global Wealth Report. Maybe the rich have certain secrets to accumulating wealth -- but that doesn't mean what they know has to remain a mystery. Learn about strategies that you can use so you can build your own wealth, too.

Spending Must Align With Goals

One of the keys to being rich is having goals, said Michael Kay, president of Financial Life Focus and author of "The Feel Rich Project."

21 Life Hacks From Warren Buffett That Anyone Can Use

Ashley Redmond Fri, October 15, 2021

You don't get to be one of the richest people in the world without knowing something the rest of us don't. Often referred to as the Oracle of Omaha, Warren Buffett has a net worth of $102.2 billion, according to Forbes.

While Buffett is unquestionably a genius when it comes to business, his words of wisdom aren't just good for finding a hot investment. In fact, there are many Warren Buffett tips that anyone can use.

Learn how you can apply Buffett's tips and hack your way to a wealthier life.

1. Decide That You’re Going To Be Rich

In order to be rich, you have to believe that one day you will be. According to the Huffington Post, Buffett once reportedly said, "I always knew I was going to be rich. I don't think I ever doubted it for a minute."

.What To Do if You Lose Your Wallet

Sam DiSalvo Fri, October 15, 2021

We’ve all been there: that pang of anxiety when you can’t find your wallet. Maybe you left it somewhere. Maybe it was stolen. Either way, it’s gone and you need to figure out what to do next. Take a deep breath. All is not lost. There are some key steps you can take to start recovering what you need to.

Notify Your Bank & Credit Card Companies

Do this immediately upon realizing you lost your wallet. If you wait more than 24 hours, you might have to pay for charges you didn’t make. Often, the first thing thieves will do is start seeing if they can put your cards to use. Notifying your bank and credit card companies immediately stops that at the pass, and ensures you won’t be on the hook for any of their charges.

.An Unhealthy Obsession With Money

Posted October 6, 2021 by Ben Carlson

One hundred dollars invested in Berkshire Hathaway in 1965 would have grown to more than $2.8 million by the end of 2020. Warren Buffett’s holding company is the most impressive long-term compounding machine in history, increasing in market value at 20% per year for nearly 6 decades. Compounding is a wonderful thing but it can also become an unhealthy obsession if you view every financial decision through that lens.

In Buffett: The Making of an American Capitalist, Roger Lowenstein tells a story from Buffett’s friend and former business partner Katherine Graham when she was publisher of the Washington Post.