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Whose Assets to Tap First?
A friend came to me for advice the other day regarding a big problem brewing in his house. His in-laws are getting up in years and have very little saved to cover their health care and long term needs. Health problems are starting to show up and expenses are mounting. They’ve told their daughter and [...]
A Life Without Debt: Procrastination Is The Enemy
Over my years of debt free living I’ve learned that procrastination is a huge enemy to staying debt free. We all tend to say, “I can take care of that tomorrow,” and put off things we don’t want to (or can’t) deal with right then. The problem is, the longer you put things off, the [...]
What My Mother’s Illness Taught Me About Personal Finance
When my mother became ill a few years ago, I did what all adult children usually do: worry and think, “She has to be OK! She’s the parent.” Finances, however, didn’t enter my mind. It was interesting to note that my parents – level-headed as always – remembered to consider the financial repercussions of Mom’s [...]
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