Today I got asked, by a couple that has very good financial hygiene, whether it’s okay for them to forego saving over the next three years. Between their kids’ education, a career change, and some wanted home renovation projects, there just isn’t enough money to save on top of it all. Is this an okay financial decision? To answer the question, let’s look at some curves: What the above graphic illustrates about […]
If you’ve inherited money, start by knowing it takes a while for the money to land. The executrix needs time — months and months — to get things retitled. Then it takes time for the IRS or the state to release a lien or expedite an audit. Do NOT expect the money all at once. While the estate is being settled, there may be income kicked off by the assets that have not yet been distributed. […]
Do you want to know how much you’ve spent on Amazon last year? Ha! Don’t you wish. Amazon recently removed the ability to download your order history. So I don’t have a quick trick to give you. Instead, I have a few ideas for how to get the most benefit and the least harm out of Amazon. Limit Spending on Amazon There are things you can do, things to be really careful of (even avoid), […]
