Personal Finance Advice and Commentary

Friday, December 10, 2010 10:15 am
By Judy Martel · Bankrate.com

Back in August, I wrote about investor Warren Buffett’s plea to the wealthy to publicly commit to donating most of their fortunes to charity. Called the “Giving Pledge,” it immediately attracted heavy-hitters like Oracle founder Larry Ellison, movie producer George Lucas, and oil tycoon T. Boone Pickens. Recently, 16 additional billionaires signed up (which raises

Friday, July 09, 2010 11:37 am
By Judy Martel · Bankrate.com

How do you define wealth? Billionaire investor Warren Buffett sat down with interviewer Willow Bay to discuss and dispense some advice about wealth. And, as is typical of the truly wealthy, the conversation didn’t focus on money. If you listen to the interview, Buffett essentially talks about the one luxury the rich always come home

Wednesday, May 12, 2010 3:49 pm
By Judy Martel · Bankrate.com

There’s hardly anything more unnerving and fraught with indecision for the wealthy than how to bring up the next generation when they are surrounded by financial privilege. Shower them with their every heart’s desire simply because it’s financially possible? Deny them every nickel in the hope they’ll learn to scrape together a living and learn