
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.

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?

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?

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.

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.
- Reinvest your profits.

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.

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.

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

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.