tag:blogger.com,1999:blog-1725357121694262403.post6910507195914423733..comments2008-05-07T16:39:41.867-05:00Beckyhttp://www.blogger.com/profile/13612035243745864343noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1725357121694262403.post-43870222578816333012008-05-07T16:39:00.000-05:002008-05-07T16:39:00.000-05:00Kacie-<BR/>Exactly!Becky@FamilyandFinanceshttp://www.familyandfinances.comnoreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-15257681962091471202008-05-07T16:01:00.000-05:002008-05-07T16:01:00.000-05:00Yikes! That's so unfortunate. If she made better financial decisions, she could still spend her inheritance, but she could have made it last a lot longer!Kaciehttp://www.blogger.com/profile/03068520824047487960noreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-61574558426093362622008-04-30T18:07:00.000-05:002008-04-30T18:07:00.000-05:00Parents <I>do</I> seem to pass these things on to their kids. Maybe the two kids in my story got it from their dad since their mom was obviously good with her finances!Becky@FamilyandFinanceshttp://www.familyandfinances.comnoreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-27286091259836414942008-04-30T09:38:00.000-05:002008-04-30T09:38:00.000-05:00Doesn't this kind of thing seem to run in families? I know several people who, despite disaster after disaster, just can NOT learn to handle money responsibly. They recognize they have big problems (especially when the repo man breaks into the garage and drives the car away), but they don't seem to have the psychological resources to organize themselves and get their spending under control.<BR/><BR/>In all three cases I know of, at least one parent also behaved that way.<BR/><BR/>Maybe it's in the genes. ;-)Funny about Moneyhttp://www.funny-about-money.comnoreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-63328028935336514012008-04-23T19:01:00.000-05:002008-04-23T19:01:00.000-05:00I won't go into the details, but the money was not spent responsibly.Becky@FamilyandFinanceshttp://www.familyandfinances.comnoreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-61505029485436677022008-04-23T18:15:00.000-05:002008-04-23T18:15:00.000-05:00Terry, I couldn't agree with you more. You cannot take it with you when you pass, so have fun! Perhaps this woman needed the funds for lets say, medical bills or something. I think too many times we are quick to judge when we don't know the entire story.Leahnoreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-58882031433485491432008-04-22T20:04:00.000-05:002008-04-22T20:04:00.000-05:00I agree with Mrs. Micah, the more I read and understand PF the more I get frustrated with other people's poor decisions, especially with my friends and people I care about.L@SpillingBucketshttp://www.blogger.com/profile/07818217668962552261noreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-8741237743872554832008-04-22T15:16:00.000-05:002008-04-22T15:16:00.000-05:00The more I read and write about personal finance, the more I get frustrated with people who make such bad decisions. Mediocre decisions are so much better...even if she'd put half away, that would have been comparatively great!<BR/><BR/>When it comes to windfalls, I'm of the mind that if you want to spend it, you should put aside a certain amount to spend and put the rest away where you can't touch it. It can be harder to go without completely than to set it up to force moderation (though apparently an IRA penalty didn't matter to her).Mrs. Micahhttp://mrsmicah.comnoreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-74398929717996242382008-04-22T13:24:00.000-05:002008-04-22T13:24:00.000-05:00True, but the guy who spent it like it was going out of style and died a year later... He can't take it with him, and he left some around as well... I suppose it depends on if he knew he only had a year to go...Terry Shermanhttp://www.blogger.com/profile/06343412190753227985noreply@blogger.com