Many people avoid creating and/or updating particular financial documents because of the stress it brings. While you may be able to get away with this for the time being, with each passing day you are taking more of a risk. Bargaineering.com has a great article about 6 Documents You Need But Hate Thinking About. This article touches on the documents that need to be complete and in place upon your death.
Below are several other personal finance posts that you don’t want to miss:
High Interest: How to Choose Between Checking, Savings, and CDs – Where are you storing your money in these tough economic times? Learn about the pros and cons of checking accounts, savings accounts, and CDs. [Get Rich Slowly]
Pick and Process Your Own Fruit to Save Money – Summer is a great time to pick your own fruit. Not only does this save you money, but it also tastes better than anything you will buy at the store. [Five Cent Nickel]
Car Sharing: How Playing Nice and Sharing Cars Saves Money – Many people do not know the first thing about car sharing. This is a co-ownership program in which multiple people share a vehicle. To learn more about the pros and cons, as well as the costs, check out this blog post. [WiseBread]
Fed Issues New Rules for Credit Card Fees – The last set of rules from the Credit CARD Act of 2009 go into effect on August 22, 2010. Learn more about the new rules involving credit card fees. [Consumerism Commentary]
(photo credit: glosslegal)