My DH was talking to his brother on the phone last weekend.
The brother had a stepson who was deployed to Iraq and came back, suffered from depression, and committed suicide. Make a long story short, the brother and his wife received $500k from life insurance. This was about 2 years ago.
Well, some of you already guessed it.
My brother-in-law and his wife spent it all. Yes, all of it. For what? I honestly do not know, and don't want to know. It's not my business. Bad thing is the brother has a bad heart and cannot work anymore. He will be on disability. His wife never worked. Sigh....
Today's SA blog is very true, "Education" about money is so important. The brother and his wife have no clue about finance, and don't know how to manage money. I think "manage" is a too fancy word in this case, I should say they don't know how to "keep" the money in the bank account.
Some people just make baaaad decisions.... Sad.
Today's SA blog is right on
September 11th, 2008 at 05:59 pm
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Forgive me. It was a good article wasn't it?
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