Interesting perspectives from experts in the business. I can understand the idea of giving money, no strings attached, to gain an understanding of how you’re children will handle a cash windfall after you die. You can advise, you can help, you can direct as you see fit or if requested. But then, what happens if your children don’t handle it as well as you’d like? Will resentment start to set in? I’m glad I have decades to figure out this issue — I don’t think it’s too cut and dried.

I imagine there are more than a few RAM and boosted storage purchases due to “just in case” justifications. I’m guilty of them myself. I have, however, found myself increasing able to shy away from extra storage on my devices — nearly everything lives in the cloud at this point, with local storage being required simply to download photos or documents on demand. I’m likely on my own on this one, but I really like being able to save some extra cash by avoiding the extra storage.