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re: Adapting to inflation while on fixed income
Posted on 10/18/22 at 9:03 pm to Trevaylin
Posted on 10/18/22 at 9:03 pm to Trevaylin
quote:
Your house is protected from liability
Is that true? If you own your home outright and carry 25k liability but are at fault on a 75k accident, they can't come after your house, only your cash? I honestly don't know. I carry 300k vehicle insurance and own my home but I'm always a little nervous someone will sue me one of these days and take my home.
1
Posted on 10/18/22 at 9:31 pm to Slim Chance
I think it depends on what state you live in.
OJ Simpson moved to Florida because his NFL pension, his house and everything in it are untouchable to his creditors and the Goldman family who won a wrongful death suit against him.
Texas has notoriously generous exemptions as well whereas some states are the opposite.
Posted on 10/18/22 at 9:43 pm to chinese58
quote:In all seriousness, if you meet certain income targets, you can get discounted home internet service. $10/month for low end broadband (basically enough to reasonably support at least 2-3 streaming devices).
Get you some free interne
Buddy of mine is retired/fixed income. He was paying north of $60/month for internet. I finally convinced him to check his income against the limits, and he ended up with 100x100 fiber optic for $10/month. SOB now gets faster speeds than I get paying Starlink $110/month.
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