Monthly Archives: October 2009


I Won a $1,000 – What am I going to Do With It?

I am not sure if it was fate, or what, but days after I read FCN's, "What Would You Would Do with a $1,000" I actually won $1,000!   Actually, I won $1,260 through a 50/50 raffle for a buddy's church ($20 ticket) but I told the church to keep $260 of it.  I am not sure if that was the right number to donate, but I ran with it and it is too late at this point.  I am not the kind of person who can just hold on to cash, I never have been - so I make sure I don't [...]

By |2016-03-07T20:56:13-04:00October 20th, 2009|Personal Situation|12 Comments

Determining your Testamentary Intent and Avoiding Common Mistakes

I truly believe that everyone needs a will and have provided reason after reason why you need to create a Last Will and Testament ASAP.  These reasons include: Proper Distribution of Assets - Both in terms fo what you want and what is most efficient Guardianship Issues - Who is going to take care of children of you pass away?  your spouse passes away? Instructions how to wind up Businesses - Are you going to have a one child take over the business? All of them  own it? Your spouse on it? Use of Creditor Protection techniques What is Testamentary Intent? Once you agree [...]

By |2013-09-26T15:01:50-04:00October 19th, 2009|Estate Planning|0 Comments

Obama Does a Television Commercial for D-Rated Celebrity George Lopez

This is not a Personal Finance or Estate Planning post, but rather is part of “Are you Freaking Serious Fridays” where I take the last day of the week just simply to bitch and complain about whatever topic I feel is necessary to complain about. So I am watching Family Guy on TBS (don't judge me - it is a phenominal show) and since it was one of the few times I wasn't on a recorded show, I got stuck with the commercials.  Well, we had some product I didn't need, some car I wasn't going to buy and then the bombshell: [...]

By |2013-09-26T15:01:50-04:00October 16th, 2009|Rant|3 Comments

Paying Back Social Security to Increase Future Payments

Let’s say you are reaching age 62 and you are worried that your income stream is going to dry up, so you opt to start your Social Security Payments.  Everything is going swimmingly and then you come into a large sum of cash at age 64…now you don’t need your social security income anymore! You are saving that monthly amount, getting charged interest on those dollars, and will be stuck with that lower amount since you took it so early. What to do?  You wish you could stop it and delay it so that you could take a higher payout, later on?  Sounds like [...]

By |2013-09-26T15:01:50-04:00October 15th, 2009|Qualified/Retirement|0 Comments

Carnival of Money Stories 2 #23

I take hosting a Carnival seriously;  I take it seriously because I hate reading other Carnivals that fail to keep the essence of the Carnival by allowing every single entry, regardless of applicability.   The Carnival of Money Stories' mission is simple: A weekly blog carnival where individuals share their stories/experiences with money I have read every single entry and have  edited out all those inapplicable posts - so if you don't see your post, I apologize, but it probably wasn't a story. Editor's Choice for Carnival of Money Stories 2 There were some entries that were outstanding and should be recognized as [...]

By |2014-02-09T12:26:41-04:00October 13th, 2009|Blogging Carnival|4 Comments