From Yahoo Finance: 2025-06-15 16:01:00

An April 2025 Gallup Poll revealed Americans’ top financial concerns: inflation, housing costs, and insufficient wages. Experts warn of hidden factors affecting wealth. Discover 6 wealth-destroying mistakes and the 5 least reliable car brands of 2025. Learn to save more, invest wisely, and make better financial decisions.

May 2025 consumer price index data showed a 7% increase in car insurance costs, much higher than the overall inflation rate. Shopping around for rates could save you 15% per month. Consider high-yield savings accounts offering 4% to 4.5% interest to combat inflation and grow your money.

Money expert Jaspreet Singh highlighted the importance of not being an emotional investor in 2025. Turbulent markets due to tariffs tested investors. Stay calm, avoid panic selling, and focus on long-term investing strategies to build wealth. Control expenses, maximize income, and invest wisely for financial success.

Americans spent $72 billion on sports betting in 2024, with mobile apps making it easier. Manage expectations as making money is unlikely. Reconsider pandemic-era buying habits to avoid debt. Invest in yourself through education and skill-building for long-term financial growth.

Convenience purchases through mobile apps may come with hidden costs that erode wealth. Paying extra for service fees, delivery charges, and tips can add up. Resist unnecessary purchases and rethink convenience spending to avoid debt accumulation. Invest in education and skills for the best return on investment.

Read more: 7 Biggest Wealth Killers of 2025, According to Jaspreet Singh