Mark Cuban Says This Is the No. 1 Thing To Do To Build Wealth

Cameron Diiorio   Thu, May 18, 2023

Mark Cuban is an American businessman known for his work as a shark on “Shark Tank” and for his ever-growing portfolio of businesses. He is the owner of the NBA’s Dallas Mavericks and the founder of Cost Plus Drugs, a pharmaceutical company that provides pharmaceutical drugs at a reduced cost to customers in need. Chosen by GOBankingRates as a Top Money Expert, Cuban shares his expertise and provides tips on how to build wealth and begin an investment journey.

I’m a Financial Advisor: These Are the Worst Money Mistakes I See People Make

Heather Taylor   Wed, May 17, 2023

Throughout the course of their careers, financial advisors see many people make a lot of money mistakes. Some of these mistakes, unfortunately, are repeatedly made over and over again. If they continue to make the same money mistakes, it can have a significant impact on their financial health in the short- and long-term.

Which money mistakes are among the most common? GOBankingRates spoke to several financial advisors who shared the worst money mistakes they see people make.

How Many Americans Retire With a Million Dollars?

Rebecca Lake  Wed, May 17, 2023

Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not a huge percentage of retirees end up having that much money. In fact, statistically, around 10% of retirees have $1 million or more in savings. The majority of retirees, however, have far less saved. If you’re looking to be in the minority but aren’t sure how to get started on that savings goal, consider working with a financial advisor.

5 Ways To Cash In on Your Spare Change

Jennifer Taylor   Tue, May 16, 2023

You’ve been collecting spare change for quite some time now, and your piggy bank is about to bust. The time has come to empty it, but first, you want to decide how to put your savings to good use.

After spending months — or even years — collecting these coins, you want to do something meaningful with the money. Here are five ideas to consider as the best use for your spare change.

If a Family Member Dies, Which Debts Will You Be Responsible For?

Vance Cariaga    May 15, 2023

One thing to know about debt is that it doesn’t go away — even after the death of the person holding it. When someone dies, their debts and assets typically pass to their estate, according to the Consumer Financial Protection Bureau (CFPB). The estate is responsible for paying any unpaid debts.

If there is no money or property left, then under most circumstances the debt will not be paid. As a general rule, no one else — including family members — is required to pay the debts of someone who died, according to the CFPB. That’s not always the case, however.

7 Levels of Financial Freedom: How To Work Your Way Up, According to Experts

GOBankingRates  Andrew Lisa 

Whether you’re living to work, drowning in debt, struggling to save, overspending, or existing from paycheck to paycheck, you’re all too familiar with the invisible chains of financial stress. The answer, of course, is financial freedom, but with so many bills and so little money left over at the end of the month, how could anyone get from here to there?

Grant Sabatier — a self-made millionaire and golden child of the FIRE movement — has created a roadmap that he says can bridge the gap between financial servitude and financial independence. There are seven levels, and if Sabatier is right that most Americans are already at the second level, you only have six more rungs to climb.

Top 10 Financial Moves To Reduce Stress And Anxiety

Published: 05/15/2023 by Financial Samurai

I realized something important after writing about the best reason to retire early. Money doesn't buy everlasting happiness. However, having more money can reduce stress and anxiety.  The goal of achieving perpetual happiness is not realistic. Happiness ebbs and flows. It's more exciting to be an 8 out of 10 on the happiness scale because there's still upside. You're already happy enough. But the thought of experiencing even greater happiness gives you more reason for being.

Life gets complicated as we get older. The responsibility of taking care of a family, experiencing declining health, and worrying about the future can suppress the mood of even the happiest person.

10 Things Most Americans Don’t Know About Credit Cards

John Csiszar    Fri, May 12, 2023

Credit cards are so convenient that they are part of daily life for many Americans. Given that fact, it's perhaps surprising that there are so many common misconceptions about credit cards floating around.

Seeing as your credit score and how you manage your credit can affect so many areas of your life, from applying for a car loan or a home mortgage to qualifying for an apartment, it's important to know the facts about credit cards. Here's a look at 10 common misconceptions about credit cards and the truths behind each myth.