.When This Lucky Man Won Millions On The Lottery, He Dropped A Major Bombshell On His Best Friend

By Andrea Marchiano

What would you do with $22 million? Buy a yacht, perhaps? Move into a mansion? It’s something that probably crosses your mind when you see a Powerball billboard on the highway. But not everyone has to daydream about bringing home a ton of cash. One man knows exactly what that’s like. Only his unexpected move after the millions hit his bank account left everyone stunned, and what's more, it completely changed the relationship with his closest friend.

That guy is Thomas Cook, and he had wondered for years what he’d do if he ever won the Powerball jackpot. Then, to his great surprise, he finally got to put that long-imagined plan into motion. First off, the Wisconsinite had to call his friend Joseph Feeney – and drop a rather large bombshell on him.

7 Timely Warren Buffett Quotes to Help You In 2022's Manic Market

Let the Oracle of Omaha be your guide in today's tough market.

By Sigrid Forberg Jan. 29, 2022

Warren Buffett is a remarkable investor. He’s grown his business, Berkshire Hathaway, from a failing textile company into a multinational conglomerate with stakes in Geico, Apple and Coca-Cola.

Buffett has dropped countless gems of wisdom over the years, but the following seven quotes offer investors particularly timely advice on how to invest in stocks today — maybe even with your spare change.

.8 Things You Can Do Right Now to Protect Against Inflation

Adam McFadden

Looking for ways to put your money to work?
There’s no doubt about it, inflation is here in a big way. So how can you put your money to work to stay ahead of it? The good news is there are some things you can do to protect and possibly grow your money in an inflationary economy. We cover some of these suggestions below for those who are looking to make the best use of their money during this time of high inflation.

3 Key Takeaways:

.10 Female Financial Leaders Share the Best Money Advice They Ever Received

Jaime Catmull Mon, March 7, 2022

With a plethora of money advice out there, it can be hard to know what’s actually good advice and what you can skip. So to find tips you can trust, I spoke to women who work in the financial industry about the best advice they personally have received.

Here are their favorite pieces of money advice.

Tanya Van Court, Founder and CEO, Goalsetter

“No matter how much money you make, you can have a wealthy mindset. People with a wealthy mindset use their dollars to build their own wealth instead of using their dollars to make others wealthy.

.Now You Get It

Feb 23, 2022 by Morgan Housel

“Every job looks easy when you’re not the one doing it.” – Jeff Immelt

Historian Stephen Ambrose writes about World War II soldiers who left basic training full of bravado and confidence, eager to fight when they join the frontline. Then they get shot at, and everything changes.

“There was no way training could prepare a man for combat,” Ambrose writes. It could teach you how to fire a gun and follow orders. But “It could not teach men how to lie helpless under a shower of shrapnel in a field crisscrossed by machine-gun fire.” No one could understand it until they experienced it.

16 Effective Tips and Tricks To Help You Save Money in 2022

Saving can be a struggle without the right strategy.

By Rob Poindexter Feb 23, 2022

Saving money can be hard for a number of reasons. Often, there is not a large margin between what most people earn and what most people spend. Without some type of strategy, that little bit that’s left over every month can be spent all too easily.

Cutting back on your expenses is a great way to start saving money. However, if you’re searching for ways to tuck away a bit of extra savings, these 16 tricks might be the solutions to your saving problems.

.One Surprising Question You Should Ask Any Financial Adviser You Might Hire — their answer could be a huge red flag

Updated: Feb. 7, 2022 Lindsay Goldwert

They often manage your life savings. Be smart about who you hire.

Planning your financial life can sometimes be a lot to handle on your own. If you’re paying off your debt, how much should you invest into your Roth IRA? Should you buy a house or keep renting while you build up some liquidity? While not everyone needs a certified financial planner, they can help you get organized and formulate a plan for your money. But how do you know who to trust and whether they’ll be right for what you want to accomplish?

When you meet with a certified financial planner, here are the 15 questions you should ask them to make sure they are trustworthy, experienced and have your best interests at heart.

.If your financial adviser didn’t ask you these 6 questions, it may be time to give them a call

Alisa Wolfson Fri, March 4, 2022

These questions can be a good way of fully understanding a client’s needs, setting ground rules, establishing trust and learning whether you will be a good fit.

You may know all the questions you should be asking your financial adviser , but did you know a new adviser should also be asking you questions? “I tell clients and prospects it is like going to the doctor and taking a full physical exam.

I like to call it a financial physical,” says Grace Yung, a certified financial planner and managing director at Midtown Financial Group. “When I meet with new prospective clients, as part of making an overall financial plan, there are several questions that I ask.”

.The Future of Banking: Are Traditional Savings Accounts Worth It for You Anymore?

John Csiszar Wed, March 2, 2022

Just a few short years ago, online savings accounts were paying annual percentage yields of 2% or even more, making them a great place to stash cash. But with the onset of the coronavirus pandemic, the Federal Reserve quickly cut interest rates, dropping savings rates close to zero. Even the best online savings yields top out at about 0.50% these days. What this means is that for the past two years, savers have earned negative yields on their bank accounts, after factoring in inflation and taxes. And with inflation skyrocketing past 7% in recent months, savings accounts are falling woefully behind. So, are traditional savings accounts even worth it for you anymore? The answer is definitely yes — when they are used properly.