DINARRECAPS8 7/24/25 DINARRECAPS8 7/24/25

7 Frugal Money Habits That Could Destroy Your Finances

Cynthia Measom Wed, October 16, 2024 GOBankingRates

If you find yourself constantly looking for ways to save every single penny, you might be overlooking the bigger picture. Frugality, while an admirable trait, can lead you to make choices that might seem smart in the short term but actually cost more in the long term regarding finances, time and quality of life.

“Letting the concept of frugality take over life so you are neglecting the bigger picture for small savings can backfire,” said Allison Sanka, accredited financial counselor, financial coach and principal and founder of Journey Financial Wellness. “That immediate dopamine hit of saving a few cents that makes you feel like you’re making progress towards your financial goal — like paying off debt or saving — can actually cost more if you do the math.”

DINARRECAPS8 7/23/25 DINARRECAPS8 7/23/25

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.

DINARRECAPS8 7/22/25 DINARRECAPS8 7/22/25

4 Surprising Things That Could Impact Your Wallet If a Recession Hits

June 14, 2025 by J. Arky GOBankingRates

The stock market took one of the worst nosedives at the beginning of April as President Trump’s tariffs and plans to reshape the global economy seemed to only drive fear into the market, sending investors fleeing. Now everyone wants to know: is a recession on the way?

It could very well be, with trade wars ramping up and inflation about to reach record levels. However, that doesn’t mean that they are the only factors driving a potential recession. In fact, a few other economic mechanisms are at play that could affect you and your family’s money.

DINARRECAPS8 7/21/25 DINARRECAPS8 7/21/25

Fidelity Says This Is a Surprising Risk of Holding Too Much Cash — Do You Have Too Much?

March 13, 2025 by Gabriel Vito

Cash feels like the safest bet to most people. It’s steady, predictable and always there when you need it. But according to Fidelity’s research, holding too much cash could quietly erode your wealth rather than protect it.

With interest rates falling and inflation still creeping up, the value of cash is shrinking. While having some cash on hand is necessary for emergencies, Fidelity’s long-term data shows that cash has historically been the worst-performing asset class, significantly lagging behind stocks and bonds even during volatile market conditions.

DINARRECAPS8 7/21/25 DINARRECAPS8 7/21/25

How A Crypto Billionaire’s Crazy Plan Could Save Social Security [Podcast]

Notes From the Field By James Hickman (Simon Black) July 17, 2025

Bitcoin today is trading at around $120,000. If you’re willing to pay double the price, i.e. $240,000, please contact me immediately. I’ll happily sell you some of mine.

Why would anyone do that? I don’t know. But that’s exactly what investors are doing when they buy shares in “Strategy,” formerly known as MicroStrategy.

DINARRECAPS8 7/19/25 DINARRECAPS8 7/19/25

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.

DINARRECAPS8 7/17/25 DINARRECAPS8 7/17/25

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.

DINARRECAPS8 7/15/25 DINARRECAPS8 7/15/25

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.

DINARRECAPS8 7/15/25 DINARRECAPS8 7/15/25

8 Frugal Habits Americans Are Ridiculed for — and Why You Shouldn’t Care

May 10, 2025 by Cindy Lamothe Saving Money / Savings Advice

Being frugal sometimes feels like a dirty little secret. You clip coupons, skip the fancy lattes and patch up your clothes instead of tossing them — only to get teased for it.

But here’s the thing: a lot of those so-called “cheap” habits are actually wise financial moves, especially with reports of a possible recession, according to Forbes.

Frugal habits that often get mocked tend to reflect a broader culture of individualism and self-reliance, said Andreas Jones, founder and editor of KindaFrugal.

DINARRECAPS8 7/9/25 DINARRECAPS8 7/9/25

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.

DINARRECAPS8 7/8/25 DINARRECAPS8 7/8/25

4 Reasons To Give Your Adult Child Money

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.