Ep. 381: Help! My Parents Haven’t Filed Taxes in 5 Years!

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Email us: askpete@petetheplanner.com

On this episode of the Pete the Planner Show, Peter and Damian tell personal stories about their households!

Don’t forget! HEY MONEY is your new secret weapon for advice in your personal finances.

No time to listen? BUMMER. Here’s some of what happened:

Show Notes:

Mailbag Question 1:

    • My grandmother passed away and left me $15,000. I could use a new car. What should I do with it?
      • Damian: I don’t think there’s any way you told them to use that on the car. How are we feeling about their employment? Is it solid?
      • Pete: They also are considering a $12,000 home repair. There are responsible options here. Small-ish inheritances don’t seem to get the same respect as larger amounts.

Mailbag Question 2:

    • “You often talk about budgeting. Where I struggle in budgeting is to know what is actually left. We no longer live in a cash society. With debit and credit cards as our spending method, how do you actually know when you’re out of money?”

For the answers to this and this episode’s featured question, click PLAY below for the full show.

While you’re here, check out Hey Money to give your personal finances a facelift.

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