I’m an Advisor to Wealthy Families: 7 Little Changes That’ll Make Your Money Last for Generations

Ken Eyler CEO, Aquilance  Sun, August 20, 2023

You may have heard of the third-generation curse, which causes 90% of wealthy families to lose their money by the third generation. But some individuals manage to deplete their wealth even sooner, especially if they came into a lot of money quickly.

For instance, athletes, entertainers, executives and entrepreneurs who achieve runaway success after years of financial hardship may suddenly find themselves with seven-figure bank accounts and no idea how to carefully spend and manage their money.

7 Reasons You Should Update Your Bank Account Password ASAP

Jacob Wade  Fri, August 18, 2023

According to a recent survey by GOBankingRates, 17% of Americans have never changed their bank account passwords.  This means the money parked in those accounts could be vulnerable to online thieves. With massive data breaches becoming a common trend, phishing scams and fraud schemes running rampant online, and password cracking software becoming more sophisticated, it’s important to stay up to date on securing your financial accounts.

If you haven’t changed your bank account password, here are seven reasons to do it today.

5 Best Money Moves To Make Before Retiring

James Holbach  Mon, August 14, 2023

How To Be Wealthy in Retirement: Experts Share the 5 Best Money Moves To Make Before Retiring

Retirement. Imagine it. Dropping out of the rat race forever, enjoying the time you have left — being with your family, pursuing the hobby you could never make time for, finally taking that dream vacation.

Unless you were born rich — and if you were, you probably wouldn’t be reading this — you know it’s not going to happen without a lot of saving and planning. You’ve seen the generic advice everywhere. Max out your 401(k), cut your expenses, go back to school so you can make more — but there are a million paths to financial security, and some of them might surprise you.

Top 10 Rules To Put You On The Fast Track To Making Your First Million

K.E. Gold  Thu, August 17, 2023

Do Not Wait On People To Find You': Patrick Bet-David Offers His Top 10 Rules To Put You On The Fast Track To Making Your First Million

Patrick Bet-David’s biography reads like a classic American success story.

According to the 44-year-old businessman, when he was 10 years of age he and his family fled turmoil in Iran and settled in the U.S. He joined the military after high school and then went to work for a couple of financial services companies before launching PHP Agency, an insurance sales, marketing and distribution company. He’s also an author and content creator through his media brand Valuetainment, which boasts millions of followers on YouTube.

3 Ways to Pass Down a Home

April 9, 2023  Estate Planning

The pros and cons of different methods for leaving a home to your heirs.

When it comes to estate planning, a family home can be among the most valuable—and complicated—assets to pass down.

"It's perfectly natural to want to see a cherished home stay within the family," says George Pennock, director of tax, trust, and estate at Schwab Wealth Advisory, Inc. "But you need to think about not only your own needs and wishes but also those of your heirs."

What To Know If You Deposit More Than $10K Into Your Checking Account

Angela Mae   Mon, August 14, 2023

If you plan to deposit $10,000 or more into your checking account, there are a few things you should consider first. By law, banks have to report deposits that exceed a certain amount.

Not only that, but many bank accounts come with maximum deposit restrictions. You may also be subject to certain fees when making such a large deposit. If you frequently make large deposits, you should also watch out for any potential scams or fraudulent activity. But even if this is a one-time thing, it’s still important to know about these factors and how they might affect you.