The last time we got our will updated was 20 years ago. Our kids were young, we were much less wealthy (net worth: $300k), and the world was entirely different. At that point, if anything happened to us, we had our kids going to a family we were close with then -- but have lost touch with now. And, of course, the kids are much older than they were at that … [Read more...]
How Much Economic Outpatient Care is Too Much?
As most of you know, my favorite personal finance book of all time is The Millionaire Next Door. It's not because I think it's "the best" personal finance book (I don't know if there is one that I'd label the best, though I have named my top five) or because millionaires read it more than any other money book. No, it's more personal than that. I love the book because it … [Read more...]
What If You Died Tomorrow?
The following is a guest post from Chelsea Brennan, the founder of Mama Fish Saves, a personal finance blog that focuses on family finance, investing, and reducing money stress. Chelsea is an ex-hedge fund investor whose work has appeared in a wide array of publications, including Forbes, Business Insider, Haven Life, and more. What follows is a topic that is probably the … [Read more...]