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Diamond Encrusted, Gold Laced Credit Card For Millionaires

Nov 4 2008 - 3:30am by SavvySugar
329 Views - 13 comments
Diamond Encrusted, Gold Laced Credit Card For Millionaires While most of the world is chest deep in a credit crunch, MasterCard has teamed up with Kazakhstan's Kazkommertsbank in launching the Diamond credit card. The diamond-encrusted, gold-laced card will be released in two weeks to an elite population of millionaires who can afford the $1,000 annual fee and won't blink at the $50,000 credit limit. The growing millionaire population of Kazakhstan is currently at 12,000, and the bank needs only about eight percent of these people to sign up for a card: A total of 1,000 cards will be released and only 30 each month to ensure the card will not be taken for granted as a status symbol.
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I'm Asking: Have You Ever Felt the Need to Keep Up With the Joneses?

Oct 22 2008 - 10:00am by SavvySugar
210 Views - 24 comments
I'm Asking: Have You Ever Felt the Need to Keep Up With the Joneses? Everyone knows the phrase 'keeping up with the Joneses,' and this type of competition often causes people to live beyond their means. It's not always apparent that this mentality is the cause for wanting certain things, but retrospect can show that you may not have done or purchased something so elaborate if it weren't for the people around you. Have you ever felt the need to keep up?
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How Money Are You: Who's Who of the Forbes 400

Sep 19 2008 - 7:00am by SavvySugar
601 Views - 4 comments
How Money Are You: Who's Who of the Forbes 400 The Forbes 400 can cause mixed feelings: On the one hand, it makes generating massive wealth seem out of reach because the person sitting at number 400 on the list is worth $1.3 billion. On the other hand, the various businesses that have made these people rich make it clear that success can be found in the most unassuming places. The 400 richest people in the US have varied and interesting business backgrounds — can you guess what made them rich?
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News Flash: Money Is on Everybody's Mind

Sep 18 2008 - 3:00am by SavvySugar
101 Views - 5 comments
News Flash: Money Is on Everybody's Mind
  • Forbes released its 27th list of the Forbes 400 ranking the 400 richest Americans — you'll need at least $1.3 billion to join this club. Of course, Bill Gates made the list. — Forbes
  • Networking in a time of need: University of Chicago's Graduate School of Business called its alumni that were Lehman employees just one day after the bank filed for bankruptcy.
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Wealth Psychologist

Sep 12 2008 - 2:30pm by SavvySugar
179 Views - 3 comments
Wealth Psychologist Perhaps less lottery winners would blow through their winnings within a few years if they had wealth psychologists at their disposal. These professionals are also known as money psychologists and wealth counselors, and their services are used by people who need guidance dealing with the emotional aspects of money. Sudden wealth, weather it's earned, from a lucky win, or inherited, means a whole world of options open up.
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10 Tips For Getting Rich From Warren Buffett

Sep 10 2008 - 8:30am by SavvySugar
1,263 Views - 9 comments
10 Tips For Getting Rich From Warren Buffett The wealthiest man in the world is self-made billionaire Warren Buffett, and the $62 billion dollar man was gracious enough to sit down with Parade and discuss his 10 best tips for getting rich. I'm inspired by Buffett's entrepreneurial spirit and tenacity for success; here are his five tips I like best.
  1. Reinvest your profits.
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How to Determine Your Net Worth

Sep 8 2008 - 8:30am by SavvySugar
326 Views - 11 comments
How to Determine Your Net Worth You may have valued some classic college photos as being worth a thousand inexplicable words, easily appraised by your fond memories. Calculating your net worth is a little more complicated, but it simply comes down to determining the difference between your assets and liabilities. Just like a big corporation working their balance sheet to report to shareholders, you have a personal balance sheet that indicates the bottom line of your financial health.
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Do You Live in an Overpriced Zip Code?

Sep 4 2008 - 2:30pm by SavvySugar
689 Views - 27 comments
Do You Live in an Overpriced Zip Code? The introduction of the new 90210 got me thinking about posh Beverly Hills, and with the never-gets-old theme song in mind, I went searching for information on real estate by zip code. Turns out I didn't have to look too far, because Forbes created a list of the most overpriced zip codes in the US. Forbes determined if a zip code was overpriced by looking at how much of a premium home owners pay in comparison to how much it costs to rent a similar home in the area.
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Where American Millionaires Reside: How Money Are You?

Aug 20 2008 - 7:00am by SavvySugar
1,712 Views - 15 comments
Where American Millionaires Reside: How Money Are You? If you believe that just being around money can inspire you to become rich, then it may be meaningful to know which states are home to the most millionaires in the US. Find out which states you should visit to rub shoulders with the wealthy, and which ones aren't so stacked, when you take the quiz! Source
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Are You Disgusted With This Gold-Digging Great-Nephew?

Jul 29 2008 - 7:00am by SavvySugar
379 Views - 14 comments
Are You Disgusted With This Gold-Digging Great-Nephew? A husband and father of two wrote to CNN Money's Do the Right Thing column, ultimately asking if he was nuts or if his wife was the crazy one. The guy's wife is disgusted with him for pushing their daughters to build a closer relationship with his elderly, childless great-aunt in hopes she will leave her fortune to them. He thinks it's a win-win situation: His great-aunt gets company and attention, and the girls will (hopefully) get a sizable inheritance.
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