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Started By
Message
The last check your parents write should bounce
Posted on 4/27/14 at 2:21 am
Posted on 4/27/14 at 2:21 am
I always tell my parents this and they are doing better with buying/doing things they want and not leaving it all in the bank.
20
Posted on 4/27/14 at 2:22 am to DoUrden
ok
Posted on 4/27/14 at 2:30 am to DoUrden
I hope they're really good at predicting when they're going to die.
Posted on 4/27/14 at 2:39 am to DoUrden
That is one of the dumbest statements I've heard. I'm guessing your family is not into creating wealth that lasts generations?
Posted on 4/27/14 at 2:41 am to DoUrden
Posted on 4/27/14 at 2:55 am to DoUrden
Ya.......I can tell you with 100% certainty that my mother will NEVER write a check that bounces! 
Posted on 4/27/14 at 7:07 am to DoUrden
quote:
I hope they're really good at predicting when they're going to die.
Posted on 4/27/14 at 7:07 am to DoUrden
Not sure of your point here
Posted on 4/27/14 at 7:56 am to DoUrden
You must be a really shitty gift giver.
Posted on 4/27/14 at 8:23 am to DoUrden
quote:
always tell my parents this and they are doing better with buying/doing things they want and not leaving it all in the bank.
Perfectly planned finance. This should be everyone's goal.
Posted on 4/27/14 at 8:27 am to DoUrden
quote:
I always tell my parents this and they are doing better with buying/doing things they want and not leaving it all in the bank.
I'm gonna give mine to my heirs before I die. This "disown them all" and rack up some hella debt on credit I got when I was rich. Then die. May even commit some crimes. Will definitely frequent prostitutes and go in bareback. I mean, what's to lose? I'm planning on being bad grandpa.
Posted on 4/27/14 at 8:47 am to DoUrden
Was at Happy Hour with my now deceased Dad (we had a drink at least once a week) and we were talking about this and he said, "Son, when I die if there is a nickel left over it was a fricking oversight".
This post was edited on 4/27/14 at 11:22 am
Posted on 4/27/14 at 9:03 am to DoUrden
My dad's parents left him nothing. He didn't have a mother. The little his dad had was cut up over five fighting siblings.
He said it's important to him that he leave me land and inheritance. He wants to start building family wealth...not letting the check bounce.
He said it's important to him that he leave me land and inheritance. He wants to start building family wealth...not letting the check bounce.
Posted on 4/27/14 at 9:10 am to DoUrden
stupid statement.
My grandparents lived frugally, but still had money in the bank when they died.
You don't know if you'll make 80 or 90 or live to 100, so how do you plan to run out before or right as you die?
My grandparents lived frugally, but still had money in the bank when they died.
You don't know if you'll make 80 or 90 or live to 100, so how do you plan to run out before or right as you die?
Posted on 4/27/14 at 9:47 am to DoUrden
quote:frick that.. I was relying on that $ to get my 32' contender.
always tell my parents this and they are doing better with buying/doing things they want and not leaving it all in the bank.
Posted on 4/27/14 at 9:49 am to DoUrden
Have you considered that some people get more joy out of knowing they're leaving a nice inheritance to their family than spending it all before they die?
Posted on 4/27/14 at 9:51 am to DoUrden
Outstanding financial advice
Posted on 4/27/14 at 11:00 am to DoUrden
I've the op's quote phrased in a wittier way (pretty sure it was said by Slinging Sammie Baugh). "I hope I run out of money and breath at the same time". I always thought the quote pretty cute. That said, as an older poster, I find myself somewhere between concerned and aware of leaving my daughter well fixed, even though at age 19, it doesn't look like she'll need it. She'll be graduating undergrad on time, and headed to law school in two years.
Her mom and I are divorced, but she's an only child of an only child, and every parent/step parent/grandparent/step grandparent has done well.
While I do not think my financial responsibility extends past educating her, and helping her out as a little as a young professional maybe, I'd feel inadequate as her father if, when I die, my estates check to the funeral home bounced.
I disagree with the op's original post. While under no obligation to do so, I will gain comfort as an old man when I sit down with my daughter, tell her (hopefully as a daughter, mother, wife AND attorney) "this is what I've got, this is where it is, and baby, i'd encourage you to try and create stability for your family by passing on to them even more than was passed to you." Her inheritance will be relatively substantial, again, not necessarily from my wealth, but because she'll have it coming from so many legacies.
Her mom and I are divorced, but she's an only child of an only child, and every parent/step parent/grandparent/step grandparent has done well.
While I do not think my financial responsibility extends past educating her, and helping her out as a little as a young professional maybe, I'd feel inadequate as her father if, when I die, my estates check to the funeral home bounced.
I disagree with the op's original post. While under no obligation to do so, I will gain comfort as an old man when I sit down with my daughter, tell her (hopefully as a daughter, mother, wife AND attorney) "this is what I've got, this is where it is, and baby, i'd encourage you to try and create stability for your family by passing on to them even more than was passed to you." Her inheritance will be relatively substantial, again, not necessarily from my wealth, but because she'll have it coming from so many legacies.
This post was edited on 4/27/14 at 11:03 am
Posted on 4/27/14 at 11:39 am to DoUrden
Everyone has their plan, but yours sucks Mine is to pass along the generational wealth that has already and will be passed down to me and make sure my kids will have a great jump on life.
Posted on 4/28/14 at 10:30 am to DoUrden
disagree and downvoted
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