As a former rental car employee, when a diagnostic light comes on, it isn't always a minor issue like an oil change. While on a Vegas highway, the warning light came on in a car I rented. I immediately pulled off to a regular street. Within a minute the car went into 'limp' mode, and wouldn't exceed 15mph. Imagine if I'd been on the 70mph highway at that time, whew! Emergency flashers on, I made it to a rental car location four blocks away. They let me swap my compact car for anything I wanted. I chose a BMW convertible, for the price of about $35 a day. Don't ignore warning lights, just because it isn't your car, Clark.
What if you are solo with no children? Please let us know who a solo identifies to manage their assets should the person becomes incapacitated? It’s so hard because the attorneys who are fiduciaries are trying to get like a $5,000 retainer before anything happens and may or may not be able to redeem it.
Thank you for recommending counseling. It is in the best interests of all the family and can address any mental health issues as well as improve family relationships.
Clark Stinks! So funny.😅 I want to thank you for the financial things that I'm learning from you. I am in my sixties I was never taught anything about finances so unfortunately I'm learning now. My goal is to be able to not have to worry about money so I've gone back to school to see if I can have a career. Keep up the excellent work
Very smart that you smelled a problem with the 28-yr-old not making his truck payment. There's so much depression and self medicating going on. You were right to suggest counseling.
We had very similar issues with our son. The only thing that worked was a deadline and sticking to it. As long as he knew we would bail him out, he kept on extorting money from us. Kids raised to get everything they want when they want it have a psychosis of sorts. They think mom and dad have endless money and will always give me what I need/want. They always have, what's different now? You have to make it different. Drop them off under a bridge. After they turn 18, you no longer owe them anything. Sorry, I know that's harsh, but it's the only way I know of to get through to them.
I have been looking like crazy for the video you did I believe it was you on if you own your house outright there is a way to avoid certain taxes* for them(my daughter getting the house a different way of giving it to them then straight out I can't find that video please help.
Mr. Clark do you have any advice for a parent who has a son who has been working off the books all these years but now needs to have a job or career to pay for family stuff. He needs the money now so he is not looking to go back to school to learn a career and he needs to make a good amount of money. He has to take care of a new home that he bought with his wife, his son's oldest son's ,car his own car etc. He splits bills with his wife. Please give me advice
Clark, I have listened to you every day for years and I love you to death. Re wills, in Washington State, you can get a free will done by a lawyer for free through some of the organizations for the aging, in my case it's the Olympia Agency on Aging. Love you and Krista both, you always make me laugh. Fay in Aberdeen, WA.
Not that big of a deal as long as you've designated the beneficiary on all of your accounts. And check to see if you can file a beneficiary deed on your house in your state.
Put your money in a trust and name judges of a court house as trustees. Then have the beneficiary get the money in 1000 years. That's what compounding is all about.
Team Clark rocks! Bonus term: "Boomerang Kids"- "Grown-up" children who move back home. An "oldie" term but a pretty good one. Also refers to moving back to your "home town"... something applauded by city officials.
I appreciate your show but you're so slow I don't have that much time in dedicate a half an hour to your videos you need to get to the point more and condense what you're saying because I wind up not listening to most of your contact and missing it because it's just too long and you're rambling about nothing half the times
As a former rental car employee, when a diagnostic light comes on, it isn't always a minor issue like an oil change. While on a Vegas highway, the warning light came on in a car I rented. I immediately pulled off to a regular street. Within a minute the car went into 'limp' mode, and wouldn't exceed 15mph. Imagine if I'd been on the 70mph highway at that time, whew!
Emergency flashers on, I made it to a rental car location four blocks away. They let me swap my compact car for anything I wanted. I chose a BMW convertible, for the price of about $35 a day. Don't ignore warning lights, just because it isn't your car, Clark.
What if you are solo with no children? Please let us know who a solo identifies to manage their assets should the person becomes incapacitated? It’s so hard because the attorneys who are fiduciaries are trying to get like a $5,000 retainer before anything happens and may or may not be able to redeem it.
They throw everything away at Walmart that's returned.
Thank you for recommending counseling. It is in the best interests of all the family and can address any mental health issues as well as improve family relationships.
Thank you Team Clark.
What do you think of a Trust verses a Will?
As far as I'm concerned, Mr. Clark Stinks! You're The Man
Clark Stinks! So funny.😅 I want to thank you for the financial things that I'm learning from you. I am in my sixties I was never taught anything about finances so unfortunately I'm learning now. My goal is to be able to not have to worry about money so I've gone back to school to see if I can have a career.
Keep up the excellent work
Very smart that you smelled a problem with the 28-yr-old not making his truck payment. There's so much depression and self medicating going on. You were right to suggest counseling.
We had very similar issues with our son. The only thing that worked was a deadline and sticking to it. As long as he knew we would bail him out, he kept on extorting money from us.
Kids raised to get everything they want when they want it have a psychosis of sorts. They think mom and dad have endless money and will always give me what I need/want. They always have, what's different now? You have to make it different. Drop them off under a bridge. After they turn 18, you no longer owe them anything. Sorry, I know that's harsh, but it's the only way I know of to get through to them.
Big fan of!
I have been looking like crazy for the video you did I believe it was you on if you own your house outright there is a way to avoid certain taxes* for them(my daughter getting the house a different way of giving it to them then straight out I can't find that video please help.
Simple, just don't store any crap. If it's "stored," you don't need it.
Mr. Clark do you have any advice for a parent who has a son who has been working off the books all these years but now needs to have a job or career to pay for family stuff. He needs the money now so he is not looking to go back to school to learn a career and he needs to make a good amount of money.
He has to take care of a new home that he bought with his wife, his son's oldest son's ,car his own car etc.
He splits bills with his wife. Please give me advice
Clark, I have listened to you every day for years and I love you to death. Re wills, in Washington State, you can get a free will done by a lawyer for free through some of the organizations for the aging, in my case it's the Olympia Agency on Aging. Love you and Krista both, you always make me laugh. Fay in Aberdeen, WA.
I too was a dollar store toy kid. No complaints from me. But to be honest, I was more interested in Beatles merch rather than normal toys.
I am a widow with a son who is my only child (he is 33). Since he is obviously my only heir, do I really need a will?
Yes, to make things easier for him. If no will, then he will have to go to probate even if he is the only heir.
Not that big of a deal as long as you've designated the beneficiary on all of your accounts. And check to see if you can file a beneficiary deed on your house in your state.
Yes unfortunately you should. I am an only child my mom passed without a will and I have to go through probate to sell her house .
Put your money in a trust and name judges of a court house as trustees. Then have the beneficiary get the money in 1000 years. That's what compounding is all about.
🤔10 years? #typo 😂
@@Clark trusts in certain states can go 1000 years. Ben Franklin had two trusts that went 200 years.
Team Clark rocks! Bonus term: "Boomerang Kids"- "Grown-up" children who move back home. An "oldie" term but a pretty good one. Also refers to moving back to your "home town"... something applauded by city officials.
Get out. "sink or swim" is the only answer.
Wlark
I appreciate your show but you're so slow I don't have that much time in dedicate a half an hour to your videos you need to get to the point more and condense what you're saying because I wind up not listening to most of your contact and missing it because it's just too long and you're rambling about nothing half the times