What Is Your Emotional Money Score? Suze Orman's 20 Questions To Determine If You Are In Control Of Your Money Or If It's In Control Of You

Kaili Killpack  Mon, May 19, 2025  Benzinga

Do your emotions drive your financial decisions — or do you stay calm and calculated no matter what's happening in the market or your bank account? According to personal finance expert Suze Orman, understanding the emotional side of money is one of the most powerful steps you can take toward long-term financial security.

On a recent episode of her "Women & Money" podcast, Orman introduced listeners to the "Emotional Money Score," a self-assessment tool that helps people measure how much their emotions are influencing their financial choices.

The Do's And Don'ts After Receiving An Inheritance

Brad Smith·Host  Tue, Apr 16, 2024,

As older Americans prepare to transfer their wealth or will it to their family, what should inheritors know before receiving this large sum of money?

Wealthstream Advisors Financial Advisor Katharine George explains the do's and don'ts when inheriting wealth, which includes money and even real estate property.

"I try to stay away from rules of thumbs but I would say in general, [avoid] making big decisions. I would say wait about six months or so, especially if you're grieving," George says. "These big changes... in that short period of time when you're grieving if it was someone close to you, we don't want to make any decisions that are rash. So buying another property or going on a big vacation.

These big changes, it could be that you need these assets invested and saved for your long term or it could be you could retire tomorrow. It really depends on the personal situation but not making any of these big decisions immediately after is really important, really let the dust settle."

Atlanta Woman Lost $8K On Scam Call From Fake Wells Fargo Employee — Take These Steps To Keep Your Cash Safe

Christy Bieber  Tue, May 6, 2025   Moneywise

Aleah McPherson's bank account is $8,265 lighter these days. Sadly, the funds disappeared after she fell for a scam by someone impersonating a Wells Fargo employee, leaving McPherson and her fiancé devastated by the loss.

"That was my savings. That was actually what I have been working for a while," McPherson told Fox 5 Atlanta last month. She hopes that her story will serve as a warning to others so that they don't fall victim to similar fraud and be left without their hard-earned money.

I’m a Financial Influencer: These Are the 6 Most Common Money Questions I’m Asked

Nicole Spector  GOBankingRates

With general financial literacy and better financial planning exploding on social media, millions of folks are turning to financial influencers to get their money questions answered without breaking the bank.

What are people the most curious or confused about? What are they reaching out to financial influencers to find out about? And how do financial influencers answer their queries or point them in the right direction?

GOBankingRates spoke with Jeff Sekinger, a financial innovator and entrepreneur, and the CEO and founder of Nurp LLC. Sekinger courts a following of 1.1 million on Instagram.

Warren Buffett: 6 Best Pieces of Money Advice for the Middle Class

John Csiszar  Fri, May 2, 2025  GOBankingRates

For one of the richest people in the entire world, Warren Buffett, the CEO of Berkshire Hathaway, is surprisingly down-to-earth. He famously lives in the same modest house in Omaha that he bought in 1958 for $31,500, and his favorite meal for breakfast is McDonald’s. Between that and his folksy, easy-to-understand wisdom, it’s no wonder that “The Oracle of Omaha” is so popular with the general public.

7 Key Signs You’re Wealthier Than You Think

Caitlyn Moorhead  Tue, April 29, 2025 GOBankingRates

Controversial but consummately successful podcaster Joe Rogan once said he felt like he’d “made it” financially when he had enough money to eat at a restaurant at night without feeling guilty and stressed about what it cost the following day.

Rogan’s net worth is now estimated at $200 million, which is all the money in the world — unless you’re Elon Musk. That makes Rogan’s $200 million fortune he made bloviating opinions less than 0.05% of Musk’s $391 billion fortune he made buying cars and rocket ships.

Financial Independence vs. Financial Freedom: Know the Difference, Build Both

Jordan Rosenfeld   Sun, April 27, 2025   GOBankingRates

The terms financial independence and financial freedom are tossed around a lot when discussing goals related to security and wealth building. Do they mean the same thing? And more importantly, how do their definitions affect your financial life?

While they’re closely related — and often part of the same journey — they aren’t the same thing, according to Melissa Murphy Pavone, CFP and founder of Mindful Financial Partners.

Here’s how to understand the difference — and what it takes to build both.

I Grew Up Rich: 6 Money Lessons I Learned After I Lost It All

G. Brian Davis  Sat, June 29, 2024

An oft-cited statistic states that 70% of wealthy families lose their riches by the second generation, and 90% lose them by the third.

Why? Because the first generation earns it, the second generation spends it and the third finds itself back at square one.

It turns out that earning money and shepherding money long term require two different skill sets. All too often, no one in any of those three generations learns how to protect and grow wealth long term.

“I grew up in a wealthy family where my grandfather was the chairman of the largest textile processing mill in our city,” explained Muhammad Ali, sales director at George Digital. “Our business, established in the 1950s, was a significant player in the industry from 1970 to 2001 … However, our fortunes drastically changed, and by 2012, my father’s income dwindled to just $300 a month.

The 7 Worst Things You Can Do If You Owe the IRS

December 6, 2023   By  Jennifer Taylor  GoBankingRates

You’re in debt to Uncle Sam. This probably isn’t a great feeling, but you have to face it.

Maybe you have the money to pay your tax bill or perhaps you don’t. If not, you have many options, so don’t take any of the following.

Using a Credit Card To Pay Your Taxes

Charging IRS debt to your credit card might be easy in the short term, but doing so can be a costly choice.

“The IRS interest rate changes quarterly, but it’s hovered around 8% in recent years,” said Brad Paladini, tax attorney and owner of Paladini Law, a tax law firm. “Credit card interest is usually around 22%, meaning that if a taxpayer uses a credit card to pay their taxes, they are paying almost three times as much in interest than if they paid the IRS directly.”