Thursday, August 6, 2009

Good Fortune Update

I guess I'm now free to tell my loyal readers (hello, you two!) that the "good fortune" described a few weeks ago is an inheritance. From my uncle's ex-wife who took her own life. It's a rather sizable amount of money and changes the timelines for several things in my life, such as ridding myself of all debt and buying a house. Bittersweet.

Considering my tiny, tiny family, it blows my mind that I've inherited money multiple times. Of course, considering my tiny, tiny family, I guess that there is no one else to put in the will.

I'm nervous about this money. I haven't always (never!) been good with these things and I refuse to make the same mistakes. I will retain the financial planner that my aunt used in Vermont since I already have a comfortable raport with him. He gets that I want to spend some money for a "lifestyle upgrade" but that I also would like to help my kids with college and have my own retirement fund.

I have to admit that I'm excited about the possibility of owning a car (still used!) that isn't older than my daughter--and passing that old Volvo to her when she gets her license early next year.

2 comments:

  1. Bittersweet, yes. I can see that. But, that being said, I can't think of a better person to receive this windfall. I am sure that your aunt, where ever she may be, knew when she willed this to you that you would appreciate the possibilities and do something worthy with it. So plan, yes, that is good. . .but remember it's just money and money isn't happiness, love, family or friend.

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  2. Oh Eliza, you should not equate this money with grief. The grief is a separate issue.

    See this money as opportunity - which it seems like you are already. To be debt free! What a concept!! To have down payment cash! What a stabilizing factor in all your lives. Congratulations on this bit of good fortune. You deserve it.

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