I don’t think it was a big secret when Joan Rivers passed away that she was still working at the tender age of 81. And I’m pretty sure she didn’t need the money! So the question I have for you is…Do you think Joan Rivers was a failure for not enjoying retirement? I could be wrong but I don’t think so. To me, an incredible retirement means…
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Recently my wife and I realized we had both been handed down silver tea service settings by our mothers, and we really didn’t know what to do with them. We certainly had no use for them, nor do we expect either of our boys will want them. Along about the same time a client called. They had gotten one of those postcards in the mail – you’ve probably gotten one too – offering what appeared to be a steal of a deal on some land in North Carolina. They wanted to know if we thought it would be a good idea for them to buy this property to hand down to the kids.
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Unless you’re one to have a piggybank or safe stashed in your closet, you might be thinking “What?” You are not alone; many people don’t realize that there is money in their closet, both money to be made and money to be found. Here are some strategies you can use to better manage your money in the closet:
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The concept behind an ATM machine is pretty simple. All you have to do is swipe your debit card, press a couple of buttons, and you get money from your bank account. Now, take a look at how your kids (or grandkids) get their money. Do they work for their money or do they go straight to the “Mom & Dad ATM” machine to make a withdrawal? Are you being an ATM to your kids or grandkids?
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