You are probably aware that you should designate beneficiaries to your belongings should you die. Often it seems fairly easy to do, but there can be some interesting unintended results depending on who you designate and what they do after you die Here are some ways you can mess it up when making beneficiary designations. You inadvertently … … Continue reading
If we truly be either saver or spender, what makes us one or the other? Are we predestined from birth to be one or the other as at least one study proposes? Or is it our earliest environments that mold us to be one or the other? What is it that makes a person a saver? The act of … … Continue reading
Why is money so important? It is after all, just a way to trade for the things we need or want – much easier that trading objects. Money has taken on a role bigger than just trade. Money has power. Money has the power to get you out of bed everyday. Most of us like to eat, stay warm … … Continue reading
When I was a young adult, out of college and into my first years of marriage, I cringed at the thought of getting money from my parents. I felt it would give them control over me in some fashion and fiercely wanted my independence. I wanted to prove myself. I thought there would be ‘strings’ … … Continue reading
Have you a well loved chair that needs a bit of TLC? Perhaps you recently inherited an heirloom antique from a family member (like that old love seat from the 1900’s), or maybe it is a chair you bought when you married and it has sentimental value. Maybe it is just something you found at … … Continue reading
When the Great Recession began in 2008/2009, my boss at the time (a Vice President of the company) and her spouse consulted their financial adviser to see what they should do. They asked him what would likely cause us to come out of recession. His answer, which she relayed with some derision to us, was … … Continue reading