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Saving and Investing

OWN Oprah Winfrey Network launch cocktail reception for the Television Critics Association 2011 winter press tourPictured: suze orman,oprah winfreynancy odellcarson kressleycat corajennifer corachristina ferraregayle kingindre vlskontasrandall sullivanlaura bermanlisa lingmike tysonnancy o'dellroma downeymark burnettsuze ormankathy travisRef: BLU_S230415 060111 NON-EXCLUSIVEPicture by: / SplashNews.

Suze Orman’s 5 Basic Money Rules To Get You Started on the Right Track

When it comes to your personal money management strategy, sometimes it’s best to get back to basics. Whether you are looking to improve your credit score, develop saving money habits or boost your financial literacy, there are many positive steps you can take to build wealth. Trending Now: 3 Signs You’ve ‘Made It’ Financially, According to Financial Influencer Genesis Hinckley For You: 6 Things You Must Do When Your Savings Reach $50,000 Financial expert and bestselling author Suze Orman, who has an estimated net worth of about $75 million, is known for her easy-to-follow, no-nonsense money advice that can help…

By Crystal Mayer
on April 1, 2024
Young couple worried about their finances at home.

10 Key Signs You’re Struggling Financially & How To Get Back on Track

Struggling to cover monthly bills or watching your bank balance dip into single digits is stressful, but financial trouble doesn’t always start with a major crisis. You don’t have to be completely broke to be on the brink of disaster. The key is knowing the warning signs before things spiral. Trending Now: I Paid Off $40,000 in 7 Months Doing These 5 Things For You: 8 Things You Must Do When Your Savings Reach $50,000 Some signs are obvious, others are easy to miss, but all of them matter. Here are 10 key signs you’re struggling financially, and some ways…
Shot of a glass jar filled with cash laying on a table with a sticker on it saying Emergency Fund

Here’s How Much Cash You Need Stashed If a National Emergency Happens

You’ve probably heard countless times that it’s important to have a rainy-day fund set up “just in case” something unexpected were to happen. But we’re now at a time when having an emergency fund is more vital than ever.For You: 6 Things the Middle Class Should Sell To Build Their SavingsFind Out: 3 Things You Must Do When Your Savings Reach $50,000The coronavirus pandemic was a prime example of how something unexpected can have devastating effects on the economy at large and on an individual level, too. While we all hope the worst of that is over, here’s how to…
'Air' film premiere, Los Angeles, California, USA - 27 Mar 2023

Tony Robbins: These 3 Investments Can Make You Rich

Investing is a key component of building wealth, but some investments will pay off much more than others. For You: How To Get a 10% Return on Investment (ROI): 10 Proven Ways  Learn More: 6 Things You Must Do When Your Savings Reach $50,000 To find out more about the investments that have the highest returns, Tony Robbins spoke with 13 of the world’s most successful investors in private equity, private credit, private real estate and venture capital for his book titled, “The Holy Grail of Investing.” Based on his interviews, these are the investments Robbins recommends for the most…

Spending

Dave Ramsey smiling at the camera, wearing a suit

Dave Ramsey’s Best Basic Money Advice To Get You Started

Dave Ramsey is one of the best-known financial experts in the country. His straightforward money advice has helped countless people get out of debt and find financial freedom. The talk radio personality turned podcast host is also a New York Times bestselling author. Millions of people follow him for his proven techniques for taking control of your money. Check Out: Top Money Moves for Boomers, Gen X, Millennials and Gen ZRead More: 6 Genius Things All Wealthy People Do With Their MoneyA quick review of Ramsey Solutions can help you better prepare yourself to weather any financial hardships that may come…

By Crystal Mayer
on April 2, 2024
A woman holds a credit card and her phone.

I’m a Financial Planning Expert: Here Are the Top 8 Things People Overspend On

When you’re caught in the throes of wanting something, whether it’s a shiny new gadget, a dinner out with friends, or even just a deserved upgrade to our wardrobes, it’s easy to forget about your budget and just give in to the urge to spend. How you spend money can often be more emotional than logical, leading to overspending on things you might not need or that would be more prudent to wait to purchase. Be Aware: Warren Buffett Sold His Apple Stock – Here’s WhyExplore More: How To Get $340 Per Year in Cash Back on Gas and Other…
Robert Kiyosaki smiling and sitting on steps

Robert Kiyosaki Says Stop Saving and Learn How to Spend Money — Here’s Why

Conventional wisdom says that the way to financial freedom is to save money. Parents teach their children to save for ‘a rainy day.’ Employers encourage employees to save for retirement. Explore More: 6 Things Minimalists Never Buy — and You Shouldn’t EitherFind Out: 5 Genius Things All Wealthy People Do With Their Money According to Robert Kiyosaki, author of FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer, says that’s simply not true. He says you must learn how to spend money instead of saving it. Here’s what you need to know….
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How Much You’re Spending on Monthly and Annual Expenses in Every State

Did you know that Alaskans pay 83% more for utilities than Louisianans? That Hawaiians spend nearly five times as much as West Virginians for cost of living expenses? Or that residents of California pay 43% more for healthcare than residents of Mississippi?These wide deltas demonstrate how wildly monthly expenses can vary across the U.S. There are many reasons for this, not the least of which are higher demand for housing and higher costs to deliver goods for the more expensive locales.Check Out: 9 Easiest Ways To Maximize Your Savings in 2024Read Next: 10 Things Frugal People Always Buy at Yard…

Earning

Millennial photographer working on her photos at home office.

5 Ways Your Side Gig Can Help You Escape Debt Forever

If you’re trying to pay off your debt, you’ve likely looked into side hustles to help you make extra money to contribute toward your payments. The good news is that there’s more to a side hustle than just making a few extra dollars, as the right gig can change other aspects of your life.  Check Out: 6 Best ChatGPT Prompts To Find Your High-Income Side GigRead Next: 7 Unusual Ways To Make Extra Money (That Actually Work) What are the different ways that picking up a side gig can help you get out of debt and stay out of debt…

By Martin Dasko
on April 2, 2024
A smiling young woman takes a picture with her smart phone of a check or paycheck for digital electronic depositing, also known as "Remote Deposit Capture".

How Much Money Gets Taken Out of Your Paycheck in Every State

Ah, payday, the very best day of the week — or every two weeks depending on when you receive your check. Anyone who’s ever held a job knows the sweet relief of opening your bank statement to see that direct deposit hit. Or, if you’re old school, opening that check and glancing down at the commas and zeros that mean your bills will be paid. There just might be enough for a bit of fun, too.Find Out: 9 Strategies Americans Are Using To Minimize the Taxes They Pay on Retirement SavingsRead More: 4 Unusual Ways To Make Extra Money That…
Happy, young couple about to kiss in front of new home, new homeowners

15 Most Important Assets That Increase Your Net Worth

Your net worth is more than just the balance in your bank account. It’s a measure of your financial health.For You: 6 Valuable Everyday Items You Should Never Throw AwayTry This: 5 Unusual Ways To Make Extra Money (That Actually Work)To get the answer to “What is my net worth?” you need to subtract your total liabilities from your total assets. If you’re trying to figure out which assets are the most valuable or will otherwise give your net worth a boost, here’s a rundown of 15 essential assets.
Young successful forewoman interviewing a job candidate at her office.

Offered a New Job? Here’s How To Tell What Your Paycheck Will Really Look Like

Your first payday at your new, better-paying job has finally arrived, and as you excitedly look at your pay stub, you’re more than a little disappointed. While you didn’t expect to keep 100% of your earnings, you also didn’t expect so much to be taken out of your paycheck before it hit your bank account. Unfortunately, mandatory withholdings and voluntary deductions can cause your earnings to be less than you hoped. Explore More: 6 Best ChatGPT Prompts To Find Your High-Income Side GigFor You: 7 Unusual Ways To Make Extra Money (That Actually Work) Here’s a breakdown of what gets…

Borrowing and Protecting

Bill torn revealing words You got Scammed.

4 Banking Scams That Might Target Your Money

There are many benefits to keeping your funds in a bank account, but one of the main reasons many people keep their money at a bank rather than under the mattress is the added security this provides. However, some scammers have come up with clever ways to access your bank account information or to get you to send them money from your secure accounts. Read More: 12 of the Most Valuable $1 Bills Still in CirculationDiscover More: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy Here’s a look at some of…

By Gabrielle Olya
on March 21, 2024
Couple Meeting With Financial Adviser

Dave Ramsey: Why You Shouldn’t Buy a New Car or Take Out an Auto Loan in 2025

If you think you’ll always have a car payment, Dave Ramsey says think again. The personal finance expert consistently encourages his followers to pay for their cars in cash. Check Out: 5 2025 SUVs the Middle Class Should Consider Buying For You: 9 Things You Must Do To Grow Your Wealth in 2025 Ramsey writes that we live in a society that accepts having a car payment as a way of life, “like filing your taxes and doing your laundry.” However, Ramsey doesn’t think this should be the case. He explains that buying a car is not an investment, and…
Social security card and American money dollar bills stock photo

4 Biggest Social Security Money Scams To Watch Out for in 2024

Social Security scams have been around almost as long as the program itself, but they have picked up steam in recent years due to the rise of artificial intelligence and other advanced technologies. As recently as 2022, Americans age 60 and older reported $3.1 billion in scam losses, according to FBI data. That represented an 84% gain from the previous year. The rate could increase in 2024 based on recent events. Trending Now: How a Trump Win in 2024 Could Impact Your Retirement SavingsCheck Out: One Smart Way To Grow Your Retirement Savings in 2024 One of those events was…
A young couple shops for a house.

The Average Monthly Mortgage in Every State Based on Your Down Payment

Wondering how much mortgage you’ll have to bite off to buy a house in your state? Or how your current mortgage measures up?In many states, the numbers will vary widely depending on which part of the state you are buying in. A home in New York City, for example, will generally cost a lot more than a place in Buffalo. That said, average home values and monthly mortgage payments can give potential buyers a pretty good idea of what they’re in for from state to state.Read More: Barbara Corcoran: Investing In 3 Things Will Help Sell Your Home FastCheck Out:…

From the Experts

A woman sits on the couch while she analyzes her budget.

Suze Orman’s Surprising Views on Budgeting

By Katie Wudel
Dave Ramsey smiling at the camera, wearing a suit

Dave Ramsey: 5 Habits That Can Make You Wealthy

By Katie Wudel
Mandatory Credit: Photo by Stephen Lovekin/Shutterstock for AWNewYork (14150804hi)15 Seasons of Shark Tank - Mark Cuban - Founder of Mark Cuban Cost Plus Drug Company, owner of the 2011 NBA Champion Dallas Mavericks, Mark Cuban CompaniesAdvertising Week New York, Day 2, The Penn District, USA - 17 Oct 2023.

Mark Cuban: Here’s the No. 1 Thing You Should Do To Build Wealth

By Caitlyn Moorhead
Barbara CorcoranPictured: barbara corcoran,rachel bloom,jonathan van ness,antoni porowski,tan france,adam schlesinger,jack dolgen,emilie livingston,jeff goldblum,kitti jones,seth green,aline brosh mckenna,marsha stephanie blake,travis wall,olivier rousteing,adam pally,w.

5 Frugal Habits of Barbara Corcoran

By Heather Taylor

For the Generations

Stressed Senior Woman with laptop.

8 Ways Baby Boomers Become Poor in Retirement

By Sean Bryant

6 Ways Millennials Can Use Their Tax Returns to Get Rich in 2024

By Dawn Allcot
Shot of a young woman using a cellphone while relaxing on a sofa at home.

Barbara Corcoran’s Simple Money Advice for Gen Zers

By Ashleigh Ray, AI Editor
Mature man using digital tablet at home.

10 Bad Money Habits Gen X Should Avoid Before Retirement

By Jordan Rosenfeld

Do More With Your Money

A family puts money in a piggy bank as they smile.

6 Key Signs You’re On Track To Build Generational Wealth

By Adam Palasciano

Ramit Sethi: 3 Investing Questions That Will Help You Get Rich

By John Csiszar
A couple speaking to their lawyer.

50 Simple Things You Should Do To Gain Wealth in the Next 5 Years

By Cindy Lamothe
A family smiles while taking a trip on their yacht.

How To Get Rich: 8 Self-Made Millionaires Tell You All You Need To Know

By Dawn Allcot
A family puts money in a piggy bank as they smile.

World’s Richest: Where Does US Rank Among Top 20 for Financial Literacy?

While the United States is one of the richest countries in the world, it doesn’t necessarily mean that its residents are financially savvy. A recent study showed that the U.S. ranked 14th in the world for financial literacy. Only 57% of adults in America are considered financially literate, which is considerably lower than the top three countries. An astounding 71% of adults in Denmark, Norway and Sweden are financially literate. Check Out: Top Money Moves for Boomers, Gen X, Millennials and Gen ZRead Next: 6 Genius Things All Wealthy People Do With Their Money So, what is financial literacy, and…
A woman holds a piggy bank and sits with her children on a couch as they learn about saving money.

The Best $20 (or Less) I Spent on Financial Education & How It’s Still Paying Off

There’s no rule that says that you have to pay a premium for financial education. Plenty of financial education books, classes, videos, templates and other tools are available for a fraction of the cost of formal education and can just as effectively improve your financial literacy in many ways. Find Out: How Much Does the Average Middle-Class Person Have in Savings?Try This: One Smart Way To Grow Your Retirement Savings in 2024 To prove that point, here are several firsthand accounts of people who spent $20 or less on financial education and how it’s still paying off for them today. …
man working on laptop on his finances and emergency fund

Avoid These 3 Emergency Fund Mistakes in 2024

At first glance, it doesn’t sound like there are a lot of mistakes you can make when creating an emergency fund. Isn’t an emergency fund supposed to entail saving at least three to six months’ worth of living expenses? Experts: Make These 7 Money Resolutions If You Want To Become Rich on an Average SalaryLearn More: How To Get $340 a Year in Cash Back – for Things You Already Buy Conventional wisdom says yes but look a little closer and you might find you’re making some fairly common mistakes building this savings. If you’re establishing an emergency fund in…

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