Money Spending
Everyone makes financial mistakes – like the man who died before he told his new bride the location of his safe-deposit box, or the low-income fellow who invested the family savings in tax exempt bonds instead of corporate bonds, which would have paid him much more.
The most common financial mistake is a failure to define your goals. Few people know what they really want their money to do. Several years’ accumulation of savings or a sudden inheritance or other windfall leaves them with money to invest and no idea of how to make it best work for them.
Making Money
Among the many investment books on the market, there was once one entitled Die Rich. For me, I should say NO THANK YOU!
I have no objection to leaving a vast estate behind me when I go, but neither do I have any objection to leaving no estate at all. One owes one's children love, and support during the early years of their life, and enough education to prepare them to make their way in the world. One does not owe them continued support after dear old Mom and Dad pass on. If money is there for them when I'm gone, that's nice. But if I have to sacrifice enjoying my own life just to leave a bundle behind, no thank you. I'll leave them the family Bible, some photographs of myself, and my very best wishes for the future.
love is greater than money
A tendency to relate money to love and approval is a serious possible outcome of the conventional childhood. It sows the seeds of a difficulty many people have a adults in dealing with money.
This tendency can be created when a child mistakes parental rejection of temporary misbehavior for rejection of his or her whole person. It can easily happen. When children misbehave, parents often respond impulsively and out of anger. Reprimands can be global and timeless instead of specific and tied to the occasion: "You're a bad girl!" the parents' response can imply total rejection of the child. Nonverbal expressions of disgust and rage confirm the child's fear that her parents wish she would disappear.
Simplify your life.
The busier you are, the more difficult it is to manage your family’s finances. While everyone recognizes the importance of saving and investing, keeping up with the paperwork and the markets on top of limiting expenses such as commissions and fees can be overwhelming. Here are some simplification basics.
Even the best-laid plans can be upset by an emergency expenses, a sudden loss of income, or an impulsive purchase. You may take on several easy payment loans when your income still meets your expenses, and then you find yourself slipping into deep trouble.
Attorneys generally do not intercede between a patient and doctor. Ask if your doctor accept assignment. This means that the doctor has agreed to accept as the entire fee the amount approved by Medicare as the reasonable charge.
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