I read a few posts lately about generational wealth transfer, and now that I am in my late 30s, I still have friends around who think nothing of having their parents pay their rent (“but I HAVE to live in a 2 bed place, and I can’t afford it!”), cell phone plan (“but it’s cheaper… Read more
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Talking about death: a big money taboo
Talking about death is not an easy topic, and even when you try to bring it up, it is rate people will listen. Everyone thinks they will live forever… until something happens. When I used to work in the corporate world, I was flying about twice a week for the last three years I was… Read more
Why you should Not Let your Friend’s Financial Irresponsibility Ruin Your Inheritance
Adverse economic conditions and poor financial decisions have left thousands of people in debt. Added to this, many face a perplexing situation when they are informed that their inheritance from dead relatives or friends will also be subject to debts incurred by the deceased! Debt Can be Inherited Generally, debts of friends or relatives who… Read more