4 Common Fears About Money To Overcome

Heather Taylor   Tue, January 17, 2023   GOBankingRates

Most people share certain types of financial fears in common. Some will be able to overcome these fears with support, but others will let fear rule the rest of their lives. Leading a life where financial fears take top priority can keep you trapped in an unhealthy financial mindset. It can even lead to losing money throughout your lifetime.

Even if you feel scared to do it, it is possible to break the cycle and develop a healthy financial attitude where money is viewed as a tool that can help, not hinder, you. Here are some of the most common financial fears and what it takes to overcome each one.

I’m a Wealth Strategist: 6 Financial Warnings To Prepare For 2025

Jordan Rosenfeld   GOBankingRates   Wed, January 8, 2025

Most years, people’s finances remain relatively the same from year to year, barring the job changes, emergencies or retirement. However, 2025 is a unique year that finds people with a lot of financial questions as costs of living remain high and a new presidential administration is coming into the White House.

Is It Better to Be Rich or Wealthy

Rebecca Lake   Thu, August 24, 2023

Being rich and being wealthy are often seen as being the same thing. After all, people who are rich or wealthy tend to have more assets and greater financial freedom than the typical person. In reality, there are some major differences that define what it means to be rich vs. wealthy. If your financial goals include rising to the ranks of the rich or growing wealth, it’s important to know how they compare.

A financial advisor can help you create a financial plan for your wealth management needs and goals.

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Scammers Posing As Amazon How To Protect Yourself

Maurie Backman  Wed, January 8, 2025  Moneywise

American woman lost her life savings to scammers posing as Amazon. Here’s how the scam works and how to protect yourself

When a Knoxville, Tennessee woman named Colleen saw a duplicate charge on her credit card for an Amazon purchase, she attempted to contact the merchant to resolve the issue. But instead of getting in touch with Amazon, she wound up contacting a scammer by accident.

Her mistake was innocent enough. Rather than go to Amazon's website and use their channels to connect with someone from customer service, Colleen did an internet search for a customer service phone number.

The problem? She didn't reach Amazon. Instead, she reached someone who would ultimately rob her of her life savings.

I’m a Financial Advisor: 4 Savvy Money Moves My Rich and Poor Clients Have in Common

October 21, 2024 by  Cindy Lamothe

With their lavish vacations, enormous homes and successful careers — it can seem as if the wealthy have a playbook of rules only they can access.  But as it turns out, any of us can make the same money moves and reap the benefits.

GOBankingRates spoke with Abid Salahi, finance expert and cofounder of FinlyWealth, to discuss the savvy money strategies both his rich and poor clients have in common.

“I’ve worked with clients across various wealth levels and observed some common savvy money moves that transcend income brackets,” he said.

Kickstart a Frugal 2025 With These 9 Expert Money Challenges

Cara Danielle Brown   Sun, January 5, 2025 GOBankingRates

 If you indulged in a bit too much online shopping or partook in a few too many girls’ trips in 2024, you may be looking to start 2025 on a more financially savvy note. After all, those Steve Maddens were undoubtedly cute, but ordering 10 different styles may have been overkill.

Since it’s never a bad idea to build better financial habits, cut unnecessary expenses, and boost savings, GOBankingRates put together nine ways for you to kickstart a frugal 2025, according to some expert penny pinchers.

Suze Orman: 6 Bad Pieces of Money Advice

Nicole Spector Fri, January 3, 2025  GOBankingRates

There has always been bad advice out there about what to do with our money. But now, in an increasingly digital age where many of us are glued to social media apps, inhaling particle after particle of “expert” information, we’re inundated with all sorts of financial advice. Some of it is salient and good; but some of it could be terrible for us, or, at best, not rightly sized for our needs and wants.

Suze Orman has become a multimillionaire as a personal finance guru, and is quick to call out a piece of advice about money that should be avoided. Let’s look at six bad pieces of money advice that Orman has bluntly struck down.

Rachel Cruze: 5 Reasons Everyone Seems Richer Than You

Rafaela Stalbalk Klose  Wed, January 1, 2025  GOBankingRates

n today’s digital age, feeling like others are financially ahead is a common experience. Social media, advertising and the constant showcase of others’ lifestyles can create a pervasive sense of inadequacy, making it seem like everyone else is wealthier and more secure.

Understanding the factors that contribute to this perception and implementing effective financial practices — such as emphasizing net worth, setting clear goals and reducing reliance on debt — makes financial satisfaction more attainable. Rachel Cruze, personal finance expert and author, explored the reasons behind these feelings and provided strategies to regain financial confidence in a recent YouTube video.  

I’m A Financial Advisor: 10 Most Awesome Things You Can Do for Your Finances in 2025

December 14, 2024 Written by  Cara Danielle Brown  Money / Financial Planning

Looking to make the most of your finances in the new year? Some may think taking financial risks or chasing trends is key to maximizing potential.

But, according to financial advisor at 4 Generations Wealth Management, Michael Fiammetta, the best thing one can do next year is the same thing he or she can and should be doing every year: master the basics.

Here are 10 awesome things you can do for your finances in 2025 and every subsequent year thereafter.

6 Ways To Prevent Your Property Value From Plummeting in 2025

John Csiszar  Mon, December 30, 2024    GOBankingRates

Property values have had quite a run since the 2020 pandemic, more than doubling in many markets. Between that run-up, high inflation the past two years, persistently high interest rates and the long time since the last recession, some market watchers are concerned about the lofty valuations in certain housing markets. While a true housing crash seems to be unlikely, there are some areas you might want to avoid — or steps you might want to take — to help protect your investment. Here are some suggestions.