Within the last six months, two couples with whom Rosa and I are acquainted have received inheritances of $50,000, more or less, from the estates of their parents. They are Baby Boomers like us. How each couple used their inheritance money is revealing. Spenders One couple is still working, earning dual professional incomes, as they [...]
The gigantic Mega Millions lottery jackpot is history. Three tickets contained the winning numbers that were drawn on Friday night. The owners of those tickets will split an estimated $656 million prize. If you were among the tens of millions of Americans who purchased tickets last week in the run-up to Friday night’s drawing, your [...]
Saving is the key to sustainable prosperity and the achievement of financial independence. Money to save comes from only two sources: (1) a reduction in spending or (2) an increase in income. Here at LiveOnCash, I talk about living beneath your means rather than increasing your means, because you can always find ways to live [...]
