According to study by the AARP roughly 2/3 of baby boomers are expecting some sort of an inheritance and are spending it before they even have it. They dig deep holes of debt with inheritance money in the back of their mind; failing to understand using inheritance money to pay off debt is not a sound financial plan. In fact inheritances often don’t turn out the way those expecting them think they should. A Family Torn I have a friend who recently had a grandmother pass away. Her frugal lifestyle and previously deceased husband’s good business sense left her with […] Read more »