Why It’s Easier Than Ever For Americans To Fall Into This 'Invisible Addiction'

1.9k  Serah Louis  Sun, January 1, 2023

'I was stealing from Peter to pay Paul': Why it’s easier than ever for Americans to fall into this 'invisible addiction'

Noah Vineberg, a bus driver based in Ottawa, Canada, lost over $1 million to his gambling addiction.

Vineberg traces the roots of his addiction all the way back to elementary school, where he avidly traded marbles and hockey cards on the schoolyard.

“It wasn't until much later — like 16 to 18, 19 — I knew that I was gambling heavier than anybody else. And I knew that I definitely had a problem.”

11 Quick Steps That’ll Have You Managing Your Money Like A Millionaire

By The Penny Hoarder Staff  Updated December 27, 2022

Life would be a whole lot easier if someone would just Venmo us $1 million, but unfortunately the chance of that happening is, well, probably zero. (Venmo doesn’t allow transactions that large anyway.)

But even though our chances of becoming a millionaire are slim, we can still manage our money like one. No, we’re not going to tell you how to buy hundreds of shares of Apple stock. Or how to pick out the perfect yacht.  These are simple money moves any normal, non-millionaire person can make today. Each tip can get you closer to achieving your big goals.  

6 End-of-Year Money Moves to Make Now and Set Yourself Up for 2023

By Molly Moorhead, CFP®   Assistant Managing Editor  Updated December 21, 2022

The year is almost over, and you’re no doubt rushing to wrap up holiday shopping, get ready to travel or meet a final work deadline.  The last thing you need is another item on your to-do list, but a little bit of financial reflection and planning is essential before the calendar turns to 2023.  Making these end-of-year money moves will help you handle whatever comes your way next year.

How Much Cash Can I Withdraw From My Bank?

Eric Reed  Mon, January 2, 2023

Just about every bank puts a limit on how much cash you can withdraw each day. In part, this is a security feature to prevent thieves from cleaning out unauthorized accounts. In other part, this helps banks and ATMs to stabilize liquidity. If accessing cash, especially on an unscheduled basis, is important to you, here’s what you need to know about daily withdrawal limits from a personal account at a commercial bank.

If you’re not sure what type of financial institution should keep your money then you may want to consider working with a financial advisor.

Why You Don’t Want to Go Back in Time and Do It Over Again

By The Wealthy Accountant

Owen Flanagan was on a quest to understand what it takes to live a good life. As he prepared an essay for the book How to Live a Good Life: A Guide to Choosing Your Personal Philosophy he tells the story of when he interviewed the Dalai Lama. Knowing that Buddhists consider resentment and anger as very bad, he asked the Dalai Lama if it would be wrong to want to go back in time and kill Hitler.

The Dalai Lama felt that it would the the right thing to do, go back in time and kill Hitler before WWII and end all the suffering and cruelty that entailed before it happened. He felt killing Hitler should be done with “martial fanfare” even.

But not in anger.

7 Ways to Develop Financial Trust in Your Relationship

If you find that you're constantly fighting about money or hiding how you spend money from your partner, it may be time to rethink your relationship goals and values. Fighting about money can create tension in a relationship and make it challenging to accomplish future goals. When one spouse gets frustrated with the other, it can seem like you're on an island all on your own, trying to resolve a difficult situation. How can couples develop and build financial trust in their relationship?

Top 9 Financial Resolutions for the New Year (2023)

New Year New Me with resolutions written on a notepad on a coffee table with a laptop, pencil, and plant.With each new year comes the perfect opportunity to reflect on the progress of your financial life and create actionable goals for the 12 months ahead. While most people focus on saving more money and paying down debt, others place importance on shifting behaviors around money management and increasing their income in an attempt to improve one’s financial circumstances.