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Jess Rickey

👤 Speaker
1714 total appearances
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Appearances Over Time

Podcast Appearances

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Let's make sure that that money is working hard for you as well.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Sure.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

But, you know, you can take a little portion out of it each week if you wanted to say you have your pool of money that's come out of your side hustle and 80% of that goes into your system.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

So then, you know, 40%, 50%, 10% and 20% of that gets set aside as fun money savings for something that you want.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Like that could work.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

But I think if you've gone to the effort of setting up a structure, stick to the structure.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Don't make life hard for yourself.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Yes.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Yeah, I agree.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Yeah, it just is so much cleaner come tax time when you want to judge that.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

It's a lot simpler as well.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Yeah.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

I do have a younger brother.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

That's a very nice segue from you.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

It's hard.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Like I can understand, especially with such a large sum, if we're talking $100,000 is a lot, you know, it's very different to me from, you know, someone shelling you a hundred bucks to get you through to payday or whatever.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

I understand the feeling of inequity, but also it's that conversation that we've had before around nobody's entitled to anything.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

Nobody owes you anything.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

I think you're right in that it's really positive that you're one of the siblings that doesn't need this level of support.

She's On The Money
She’s Financially Irresponsible. Why Should My Sister Inherit More?

You're independent.