Don’t Withdraw From Your Savings Account on This Day of the Week

Cindy Lamothe  Thu, July 17, 2025  GOBankingRates

We all have our quirks — some of us avoid checking our bank balance after a weekend splurge, others swear by budgeting apps and color-coded spreadsheets.

But did you know what day you tap into your savings could actually matter?

It might sound a little superstitious, but there’s some logic behind it. Before you hit “transfer” on your savings account, here’s why you might want to pause — especially on the particular day of the week below.

3 Money Habits That Can Help You Stay Ahead — Even If a Recession Hits

Gabrielle Olya   Fri, July 11, 2025  GOBankingRates`

Although most experts believe we’ll be able to steer clear of a recession this year, many Americans are still worried about the possibility of an economic downturn. A recent survey conducted by Talker Research and Affirm found that 58% of Americans believe a recession is still inevitable and 77% have changed how they manage their finances as a result of ongoing economic conditions.

If you’re feeling anxious about what’s ahead, you’re not alone — and you’re not powerless. Here are three practical, expert-backed strategies to help you recession-proof your finances and feel more in control, no matter what the economy does next.

The Health Benefits of Giving

Four ways working to improve others' lives may improve — and lengthen — your own

You don't need a doctor to tell you giving feels good.

But research can shed light on the science behind that helper's high — and long-term physical and psychological benefits that may follow it.

Use This Checklist to See if Your Family is Financially Secure

By Laura Bogart  April 30, 2025 GoBankingRates

You work hard to take care of your family, and you’re proud to do it. And one of the most important things is making sure your family is financially secure.

But financial security can be tough to define — how do you know when you’ve achieved it? Fortunately, there are some tangible things you can do that will financially benefit you and your family in the long term. Some of them are small, like starting that emergency fund, and others are bigger picture, like sitting down with a professional to look into investment strategies or life insurance packages.

4 Reasons To Give Your Adult Child Money (And 2 Reasons Not To)

January 8, 2025 by  Cindy Lamothe  Money / Financial Planning

Like all things in life, too much of a good thing can go very, very wrong — particularly, when it comes to doling out money to adult kids.

According to experts, there are many appropriate instances when help is needed, and then there are times when doing so can hinder an adult child’s growth.

Here are the financial situations in which it is okay to give a grown child money — and when not to.

3 ‘Normal’ Money Habits That Could Ruin You Financially — What to Do Instead

Sarah Li Cain   Mon, July 7, 2025  GOBankingRates

Everyone makes mistakes. But some have more dire consequences than others. While the occasional dinner out or spending money on lattes (is this still a big deal?) may set you back a bit financially, it’s not the end of the world.

There are some money habits though, that if not kept in check, could ruin your financial future. Here are three of them, and what habits you can replace them with instead.

3 Reasons Retired Boomers Shouldn’t Give Their Kids a Living Inheritance (And 2 Reasons They Should)

May 22, 2025  By Sean Bryant

If you’ve generated a significant amount of wealth during your lifetime, you might be starting to think about what will happen to it once you are gone. You could donate it to a worthy cause or you could pass it down to your kids. But what if you want to go ahead and give them some of your wealth now, before you pass?

With the Great Wealth Transfer underway, it’s expected that by 2045, roughly $84 trillion will be passed down from the silent generation and baby boomers to their kids. And a lot of this will be done as a living inheritance.