For tomorrow belongs to the people who prepare for it today. African Proverb No one likes talking about death, but that doesn’t mean you shouldn’t. In fact, you should be talking about end of life planning a lot more than you think you should. Seventy percent of families have strong misconceptions about the value ofContinue reading “Estate Planning”
Category Archives: Uncategorized
Inheritance of Debt
For adult children, the death of a parent is a fraught experience. Adding to the stress: the unwelcome surprise that Mom or Dad died with big debts. Who is on the hook to pay them? Unless you cosigned one of your parent’s loans or accounts, it’s usually the estate, not you. Usually. Not always. TheContinue reading “Inheritance of Debt”
Insurance
Fun is like life insurance;the older you get, the more it costs.Frank McKinney Hubbard Insurance is like a life jacket. It’s a bit of a nuisance when you don’t need it, but when you do need it, you’re more than thankful to have it. Without it, you could be one car wreck, illness or houseContinue reading “Insurance”
The Opportunity of a Pandemic
“The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.”― Albert Einstein With the Covid19 Pandemic of 2020 staring us in the face and the state and local governments closing schools and businesses for the safety of the public, some of us might haveContinue reading “The Opportunity of a Pandemic”
Financial Advise
Mentors, Advisors and Coaches. What are they and why do you need them? Mentors Mentors are people who can be role models for you. These people may be living a life similar to how you want to live or have gone through trials and tribulations you may have to go through. They can be someoneContinue reading “Financial Advise”
The Cost of Borrowing
Borrowing money on what’s called ‘easy terms,’ is a one-way ticket to the Poor House. If you think it ain’t a Sucker Game, why is your Banker the richest man in your Town? Will Rogers It is always a good idea to do your homework before you make a major purchase or enter into aContinue reading “The Cost of Borrowing”
Dealing With Collectors
“The only man who sticks closer to you in adversity than a friend is a creditor.”-Unknown Debt collectors are after one thing—your money. And if you borrowed money, then you are obligated to pay it back. Collectors have the right to call you and ask you to pay back the money you owe. The problemContinue reading “Dealing With Collectors”
American Family Finances
Savings
To err is human, To save is divine… Saving money for a rainy day or even retirement always seems tough to do. And we always think that if we made more money it would be a lot easier. But there are ways to do it even with the money you already make. For example, ifContinue reading “Savings”
Debt
(Proverbs 22:7) the borrower is slave to the lender. Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase. There are two types of debt: secured andContinue reading “Debt”
Mentored Money 