I am going to be in charge of a trust for my sister who is early 30s and has had a bad heroine problem since 16yo. Trust will likely be 100-150, and she is losing her mind, fighting about it in the room of her dying grandfather.
Obviously she isnt all there, basically a person who has failed to mature beyond when she first got hooked. There is nothing I would rather do than just give her all the money, but there is a real possibility that would kill her, with no concept of how to manage that money.
My best thoughts are to attempt to get her to read a few very basic books about money, maybe get her listening to dave ramsey, something very simple she can bite into and then start doling out the money to her incrementally and help her making some good decisions.
Can anyone recommend really easy/fundamental books for “musician/artist” types to read and digest?
My first thought was the millionaire next door, but i would love a couple other suggestions.
All other constructive advice welcome.
Obviously she isnt all there, basically a person who has failed to mature beyond when she first got hooked. There is nothing I would rather do than just give her all the money, but there is a real possibility that would kill her, with no concept of how to manage that money.
My best thoughts are to attempt to get her to read a few very basic books about money, maybe get her listening to dave ramsey, something very simple she can bite into and then start doling out the money to her incrementally and help her making some good decisions.
Can anyone recommend really easy/fundamental books for “musician/artist” types to read and digest?
My first thought was the millionaire next door, but i would love a couple other suggestions.
All other constructive advice welcome.