One of the best ways you men can show your love to not only your wife but to your family is by leaving them a “Love Drawer” or a “Love File”. It has been called a few different names, but the meaning is still the same…share all of your financial information with your family in one place so in your absence they could carry on without any problems or hassle.
Dave Ramsey calls it a “Legacy Drawer” and says: What’s the Point?
There are a few big reasons to have a Legacy Drawer:
• Leave no hassle or fuss. When you die, your family will be overcome with grief. The last thing they need at that point is to have to sort through a mess of papers and forms to find out what happens to your estate. By organizing everything into one simple place, they can find what they need when they need it without getting stressed out.
• Organize other areas of your life. When you realize that you don’t have a monthly budget (one of the things that goes into the Legacy Drawer), it can motivate you to sit down with your spouse and make one. Also, a Legacy Drawer can get you to open up emotionally to your family.
• Communicate with your family. If you communicate to your spouse, children or other loved ones about what to do with your things when you die, it can help you talk to them about other important things.
Until Next Time,
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