What is SUM180? An online financial wellness service that delivers a financial plan so powerfully simple that you are immediately ready to take action, with a clear picture of where you stand and just a few manageable next steps at a time.
Why a community? So members can learn from and support one another in their Plans. Register for free to ask financial questions, share insights, and follow the journey of other SUM180 members.
Ready to join the conversation? Create an account. With your account, you’ll also have access to our Spending tracker and newsletter. When you’re ready, subscribe to build your Plan.
One of the biggest financial mistakes I made was treating our home equity like a personal piggy bank. I suffered huge repercussions from this mistake when my first husband and I divorced. Together we purchased a home in 1996 for $600,000 and as part of our divorce settlement we sold the family home for $1,300,000 in 2010. In fourteen years the…[Read more]
Zipporah, I have the same questions and have just started looking into options. I am 54 and I was reading that in your 50s that is one of the next steps to see that it is covered. I’d love to hear what others are doing as well.
63 hit me like a ton of bricks this year. My husband turns 65 and spent a good deal of the year in and out of the hospital with multiple problems. It made me think about what we could handle financially and what we couldn’t if he had to go into a long-term care facility.
I’ll be honest, I’m one of those who thinks I’ll be able to take care of him…[Read more]
We did something that actually backfired on us. We invested in an insurance type of product that was supposed to increase over time. We had been promised that there would be over $70,000 by the time my son went to school. Alas, it was just under $25,000 when he cashed it in, barely enough for one year. Now he is dealing with some loans that he…[Read more]
Suzanne Oldham started the topic COLLEGE TUITION AND WHAT I LEARNED WHEN I STEPPED OFF MY SUM180 PLAN in the forum My journey 1 day, 7 hours ago
After a solid 10 months of following my SUM180 plan with good success, I had to side-step my plan to get through some hefty tuition expenses. I have two children in college and my 529 ran out in late 2015. The six-figure bill took my breath away. I did not have much of a choice but to use every bit of cash (and more) to pay the bills. Here’s is w…[Read more]