Paul Tsongas on legacy:

“We are a continuum. Just as we reach back to our ancestors for our fundamental values, so we, as guardians of that legacy, must reach ahead to our children and their children. And we do so with a sense of sacredness in that reaching.”

Did you hear family stories growing up?  Do you tell them?  How are you sharing your genealogy research?

Family Money Values was included in the following carnivals recently:

•  This, That and the MBA included our post on Yakezie as did Growing Money Smart.
• Hurricane Panties and Dollars included us in the Lifestyle Carnival.
• Making Sense of Cents included us in the Carnival of Financial Camraderie.
•  Reach Financial Independence included us in the Carnival of Financial Independence.
• Mid Life Finance and Brick by Brick Investing included us in two different editions of the Carnival of Retirement.

Thanks to all!

How do families with generations of wealth do their investing?  According to James E. Hughes in Family Wealth – Keeping it in the Family here is what to do.

“In constructing an investor allocation program, the youngest members of a family and the family’s longest-term estate tax and generation-skipping-transfer-tax-free trusts should acquire the assets with the greatest growth potential. The portfolios of these family members and trusts should match the family’s long term or one-hundred-year investment horizon. The oldest family members should acquire the lowest-growth assets, to meet the family’s twenty year horizon, and intermediate generations should take positions in accordance with the family’s fifty-year horizon.” Continue reading →

Credit cards can be fantastic for keeping your finances in check making sure that you always have enough to pay bills and enjoy your life. But while credit cards may be good for people who play online casinos so that they can pay in money, many people may find themselves in a tricky situation if they do not watch how much money they are spending on the games themselves. Playing responsibly is essential to keeping your finances in a good way and there are many ways in which you can do this.

The most important way especially when using credit cards to fund your account is to understand how much money you have to play the games with. This means sitting down before you start playing and working out how much you have to spend on the essentials first, then with the money left you should set a limit as to how much can go on online casino games. With this number in hand you can play all the games you love and be happy in the knowledge that you can afford every game without a worry. But if you also start to win there are a couple of things you could do with it, either you add it to your casino funds so you can play more or you can treat yourself to something else. Even if you reach your limit that doesn’t have to be the end of your play time as many of the online casinos now on sites like MobileSlots.net  offer free versions of their games also.

Sticking to this is easy once you get started and having control over your finances is great as when you use a credit card and then can pay back the money straight away your credit rating will slowly raise also allowing you more options in later life too.

Our spring flowers.

Hello spring, you finally came! After two March snowfalls and multiple cold, cloudy and rainy days in April (yeah rain!) our daffodils are finally blooming.

Giveaway:

My Personal Finance Journey is giving away $25.53 enter until April 30, 2013

Carnivals which mentioned Family Money Values:

• Carnival of Money Pros
• Carnival of Financial Camraderie
• Yakezie Carnival
• Money Mail Carnival
• Carnival of Retirement
• Lifestyle carnival
• Carnival of Financial Indpendence

Did you know you could read a Kindle book without a Kindle?  Here is the link to download a PC application from Amazon.

Thanks to Barb at Barbara Friedberg Personal Finance for this great tip and for letting me review a copy of her new Kindle book – How to Get Rich

Giveways

My Personal Finance Journey is giving away $25 cash  - enter by April 30, 2013

Mentions

Yakezie, March 31 on Young and Thrifty

Lifestyle carnival on Weight Chronicles

Shane from BHPH Prices interviewed me.

Beautiful green!

Hope you are enjoying (or did enjoy) the food, the fun and the day.

Our spring flowering bulbs (we have thousands of them!) are well up and starting to bud.  Our snow drops are blooming.

Pictured flowers are not ours, but fit the day!

Continue reading →