Everything I learned about money, I learned from my wealthy uncle.
With more Millennials delaying or forgoing traditional adult milestones, such as marriage, home ownership, and parenthood, more young adults have time to take vacations with their parents well into adulthood. But it raises an awkward question: who pays for this shared time away from home?
I had never felt as much like I really had money as I did when I began sharing it with my family.
Life-insurance payouts do not count as gross income and do not need to be reported to the IRS. Maybe that’s why they’re so appealing to potential murderers?
A few Billfold pals and I went for a drink after last night’s event and we got to talking about our parents and the complicated relationships we have with them.
Theoretically, it’s our parents who teach us about money, the technicalities of how to handle it, but also how we might feel about it as a concept and approach it through a moral lens. But what about when our parents die before they can teach us anything?
As a 19 year old, he was the main breadwinner for the family.
At 80, since she has run through her own cash, the mom thinks it’s fair to spend her daughter’s. Meanwhile the daughter keeps cycling through the five stages of grief: denial, resentment, anger, guilt, giving in.
Following on Meaghan’s meditation on childrearing and work and the putting-together of grown-up puzzle pieces, commenter Vanderlyn asked the following not-crazy question: “Why do people still yearn to have biological children? Especially when doing so will render one’s life (more) financially tenuous, when there are so many unwanted children already out there, and when the world is already straining under the load of 7 billion of us?”